EM.Sport Media AG / Offer

29.05.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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AD HOC-RELEASE in accordance with § 15 WpHG 

EM.Sport Media AG offers a voluntary tender on shares of Constantin Film AG

Ismaning, May 29, 2008 – In conformity with section 10 of the German
Securities Takeover Act (WpÜG), the Management Board of EM.Sport Media AG
hereby publicly announces today's decision to acquire all shares in
Constantin Film AG at the statutory minimum price:

The voluntary tender offer is related to the step-up in EM.Sport Media AG's
shareholding in Highlight Communications AG to approximately 37.6 percent.

As part of this tender offer, EM.Sport Media AG has agreed with Highlight
Communications AG that Highlight Communications AG will not tender its
95.48 percent interest in Constantin Film AG. It was additionally agreed
between the said Parties that all Constantin Film AG shares acquired by
EM.Sport Media AG as part of the tender offer will be purchased by
Highlight Communications AG, such that no Constantin Film AG shares arising
from the voluntary tender offer will remain with EM.Sport Media AG.

The aforestated stipulations aim to maintain the shareholding in Constantin
Film AG under the continued control and ownership of Highlight
Communications AG.

ISIN: DE0009147207, DE000A0GQKR4, DE000A0A7RR7
WKN: 914720, A0GQKR, A0A7RR

Listed: Regulated Market (Prime Standard) in Frankfurt, Regulated
unofficial market of Frankfurt stock exchange, Regulated unofficial market
Berlin, Düsseldorf, Hamburg, München, Stuttgart

Contact PR:
EM.Sport Media AG, Sabine Lais, Tel.: +49 (0) 89 99 500 461, 
Fax: +49 (0) 89 99 500 466
Frank Elsner Kommunikation für Unternehmen GmbH, Tel.: +49 (0) 5404 91920,
Fax: +49 (0) 5404 91 92 29
Contact IR: 
EM.Sport Media AG, Jens Stahmann, Tel.: +49 (0) 89 99 500 436, 
Fax: +49 (0) 89 99 500 433

EM.Sport Media AG
Muenchener Strasse 101g, 85737 Ismaning, Registered Office: Ismaning
Tel.: +49 (0) 89 99 500 0, Fax: +49 (0) 89 99 500 111
DGAP 29.05.2008 
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Language:     English
Issuer:       EM.Sport Media AG
              Münchener Str. 101g
              85373 Ismaning
              Deutschland
Phone:        089 / 99500 - 436
Fax:          089 / 99500 - 433
E-mail:       ir@emsportmedia.ag
Internet:     http://www.emsportmedia.ag
ISIN:         DE0009147207, DE000A0GQKR4, , DE000A0A7RR7, 
WKN:          914720, A0GQKR, A0A7RR
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
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