14 May 2008
Completion of share buyback programme
Tipp24 AG has completed the share buyback programme that started on 8 October 2007. Based on the authorisation given at the general meeting held on 24 May 2007, a total of 443,616 shares, or 5 percent of the capital stock were bought back at an average price of EUR 15.17 by 13 May 2008. This amounts to a total sum of EUR 6,729,653.71.
Including the 443,615 shares acquired as part of the first share buyback programme in 2007, as of 13 May 2008 Tipp24 AG holds a total of 887,231 of its own shares, corresponding to 10.00 % minus 1 share of the equity capital of Tipp24 AG.
About Tipp24 AG: Tipp24 was established in 1999 and is now the market leader for lottery products in the Internet on the basis of billings. The company has succeeded in achieving impressive growth rates right from the start. Almost all state lottery products are supplied. It only takes a few mouse clicks to buy a lottery ticket – round the clock, quickly and reliably. The ticket receipt is kept safely, winners are notified about their prizes automatically by text message and e-mail and prizes are credited automatically. Subsidiaries of Tipp24 (www.tipp24.de) are Ventura24 in Spain (www.ventura24.es), Puntogioco24 in Italy (www.puntogioco24.it) and MyLotto24 in the UK (www.mylotto24.co.uk). Shares in Tipp24 AG have been traded at the Frankfurt Stock Exchange since 2005.
Press contact:Tipp24 AG
Andrea Fratini
Head of Media and Public Relations
Phone: +49 40 32 55 33-660
Fax: +49 40 32 55 33-5600
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