PRESSEMITTEILUNGEN

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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09.12.2009

9. December 2009 Munich insolvency court decided that TV-Loonland AG has to go under preliminary administration and mandated Attorney at law Dr. Ott as preliminary administrator.

Due to the fact that the company´s shareholders repeatedly refused approval of a share consolidation on 19th November 2008 and 26th November 2009, TV-Loonland was not able to raise cash through an equity injection. Therefore the company cannot clear all debts on the respective due dates.

Effective today, TV-Loonland appoints Dr. Michael Briem as its new CEO. At the same time, Dr. Briem quits the company´s supervisory board. The CEO strongly believes that the value of the company´s assets exceed all open debts and is working closely with the preliminary administrator in order to further maximise the value of these assets.

end of announcement euro adhoc
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Further inquiry note:

TV-Loonland AG
Tel.: +49(0) 89205080
E-Mail: info@loonland.com

Branche: Media
ISIN: DE0005348403
WKN: 534840
Index: Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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