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FLUXX AG issues convertible bond for up to EUR 9.755 million

FLUXX AG / Issue of Debt

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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FLUXX AG issues convertible bond for up to EUR 9.755 million

The Management Board of FLUXX AG (ISIN DE000A0JRU67), Altenholz, has with
the approval of the Supervisory Board decided to issue a convertible bond.
The 2007/2011 convertible bond will be divided into up to 3,640,000
debentures with a nominal value of EUR 2.68 each. The convertible bond will
bear interest on its nominal value at 3 % p.a. The shareholders are to be
granted a subscription right, under the terms of which they are entitled to
subscribe to one debenture at a subscription price of EUR 2.68 for each
four FLUXX shares they hold. The subscription period runs from September 25
to October 8, 2007 inclusive.

FLUXX AG plans to use the anticipated gross proceeds of up to EUR 9.755
million to finance its further growth and to increase its independence from
the German lottery market. In recent months FLUXX has analysed several
interesting companies that would usefully complement the product portfolio
of the FLUXX Group if acquired. FLUXX places the focus here on those
companies whose profit potential would ideally improve the price-earnings
ratio of FLUXX shares following an acquisition. One company that offers
FLUXX a positive blend of purchase price and earnings potential and fits in
perfectly with the strategic direction of FLUXX AG thanks to its product
and market focus has already been identified as a firm acquisition target.

The transaction is accompanied by VEM Aktienbank, Munich. Debentures
remaining unsubscribed after offering to the existing shareholders will be
offered to institutional investors by private placement. Market trading of
the subscription rights is not envisaged.

The complete rights offer will be published in Börsenzeitung on September
22, 2007 and in the electronic Federal Official Gazette at
www.ebundesanzeiger.de on September 24, 2007. Full information will in
addition be available on the FLUXX website, under Investor Relations.


Contact:
FLUXX AG
Investor Relations & Corporate Communications
Stefan Zenker
Tel. +49 (40) 85 37 88 47
Fax +49 (431) 88 10 44 0
Mail stefan.zenker@fluxx.com


20.09.2007  Financial News transmitted by DGAP
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Language:     English
Issuer:       FLUXX AG
              Ostpreußenplatz 10
              24161 Altenholz
              Deutschland
Phone:        +49 (0)431 88 104-0
Fax:          +49 (0)431 88 104-40
E-mail:       info@fluxx.com
Internet:     www.fluxx.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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