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Story Box-ID: 186213

net SE Jahnstr. 3 56075 Koblenz, Germany http://www.netag.de
Contact net AG +49 261 1338917
Company logo of net SE
net SE

net AG sells significant portion of its IT Solutions segment to British Telecommunication plc

Concentration on the fast-growing Publishing segment / Net income before tax expected to total in excess of EUR 8 million for the current business year / Financial leeway opens up further growth potential

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net AG (Prime Standard: ISIN DE0007867400), leading provider for IT-Solutions and Publishing announces the sale of the wholly-owned subsidiaries Stemmer GmbH and SND GmbH, both domiciled in Olching near Munich, held via the subholding net systems GmbH to British Telecommunication plc (BT).

Both parties have agreed to maintain strict silence on the purchase price.

Together with the almost tax free book profit from the sale of the companies, net AG now anticipates consolidated earnings before interest and taxes (EBIT) for the current business year 2007/2008 to run to at least EUR 8 million.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.