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FLUXX submits offer of purchase for lottery company

FLUXX AG / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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FLUXX submits offer of purchase for lottery company

Altenholz, May 25, 2007 – The gaming specialist FLUXX intends to acquire a
majority interest in Lotto Rheinland-Pfalz GmbH. An offer of purchase has
been submitted to the shareholders of the only one of Germany's 16 lottery
companies to be in private ownership.

The current shareholders of Lotto Rheinland-Pfalz GmbH – the three sports
federations of the Rhineland, Rhine-Hesse and the Palatinate – have agreed
in principle with the state's Ministry of Finance to sell the lottery
company. The original proposal was for the state to take control of the
company, with the state of the Rhineland-Palatinate acquiring a majority
interest. The EU Commission had previously criticised the fact that the
state lottery licence had been awarded to a private company without a
public tendering process.

'As conscientious entrepreneurs, none of the representatives of the three
shareholders can afford to ignore our offer,' declared Rainer Jacken,
Management Board spokesman of FLUXX AG. 'We are convinced that we will
reach an agreement with the proprietors, because our offer is financially
much more attractive than the one made by the state. And as an innovative,
flexible company in the gaming industry we are much better placed to
reverse the downward trend in the lottery company's revenue through our new
sales and marketing ideas. This is the only way to safeguard or even
increase the financing of sport in the Rhineland-Palatinate in the long
term.'

Lotto Rheinland-Pfalz GmbH, based in Koblenz, generated revenue of EUR 461
million in the 2006 financial year and employs some 220 people. Lottery and
betting products are sold mainly via a network of around 1,300 outlets in
the Rhineland-Palatinate.

FLUXX is at present unable to disclose any further details of the offer of
purchase, in order not to endanger the prospects of the further
negotiations.

About FLUXX:

FLUXX is a company specialising in the handling of lotteries and betting,
with registered office in Altenholz, near Kiel. The necessary rights and
licences and the technical and market-relevant expertise place FLUXX in a
position to be able to arrange any form of licensed gaming for consumers,
using a variety of sales channels. In addition to the self-marketed
services jaxx.de, jaxx.com, myBet.com and Telewette, FLUXX makes its
products and services available to other companies and organisations with
extensive customer contacts. These include the online services AOL,
Freenet, Lycos and Yahoo! Espana, the pay TV station Premiere, the
publisher Burda and the lottery companies in the states of
Schleswig-Holstein, Brandenburg and Mecklenburg-Western Pomerania. FLUXX AG
has been listed on the Frankfurt Stock Exchange (Deutsche Börse) since
September 1999 (ISIN DE000A0JRU67); the group currently has 145
employees.

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


DGAP 25.05.2007 
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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
www:          www.fluxx.com
ISIN:         DE000A0JRU67
WKN:          A0JRU6
Indices:      
Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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