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Fluxx AG:FLUXX AG planning takeover of SPORTWETTEN.DE AG

FLUXX AG / Offer

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FLUXX AG planning takeover of SPORTWETTEN.DE AG 

Altenholz, October 16, 2007 – The gaming specialist FLUXX AG (Prime
Standard; ISIN DE000A0JRU67) has today published its decision to submit a
takeover bid to the shareholders of SPORTWETTEN.DE AG (General Standard;
ISIN DE0005488514).

FLUXX proposes to pay the shareholders of SPORTWETTEN.DE AG the sum of EUR
1.05 per SPORTWETTEN.DE share in cash, by way of a voluntary public
takeover bid. This puts the value of SPORTWETTEN.DE AG at EUR 11.35

FLUXX AG intends to use the takeover bid as a means of strengthening its
market position in the field of horse betting. SPORTWETTEN.DE AG has
developed into one of the leading providers of horse betting on the
internet in recent years. Bets can be placed on horse races in 14
countries, some of which are broadcast live on the internet. Sports betting
is no longer offered in view of recent developments affecting the legal

With separate ad hoc announcement of today, FLUXX AG has informed that it
has already acquired 25,4% of the shares of Sportwetten.de AG.

According to provisional, unaudited figures SPORTWETTEN.DE AG posted a
consolidated result of EUR -1.9 million for the 2006 financial year, with
consolidated revenue reaching around EUR 32 million. The bulk of revenue
stemmed from the organising and arranging of horse betting. According to
its own figures, SPORTWETTEN.DE AG achieved a positive consolidated result
in the first five months of the 2007 financial year.

Unlike sports betting, casino games and lotteries, the organising and
arranging of horse betting on the internet is not covered by the
restrictions of the planned State Treaty on gaming, which is scheduled to
take effect from January 1, 2008. Horse betting therefore remains the only
form of gaming that may be offered and promoted on the internet in Germany
free from the restrictions envisaged by the State Treaty on gaming.

FLUXX AG already has access to an extensive range of horse betting products
via its investments JAXX GmbH and fluxx.com Telewette GmbH. The takeover of
SPORTWETTEN.DE AG would substantially strengthen the position of FLUXX AG
in this segment, giving FLUXX AG greater independence from the German
lottery market that is being threatened by the State Treaty on gaming.
Exploiting the synergy potential between the two companies could
substantially boost profitability in this segment.

Further information from:


Investor Relations & Corporate Communications

Stefan Zenker

Tel.: (+49) 40 853788–47

Fax: (+49) 431 88104–40

email: stefan.zenker@fluxx.com 

AboAbout FLUXX:ut 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 self-marketed services
such as JAXX and myBet, FLUXX makes its products and services available to
other companies with extensive customer contacts. These include AOL,
Freenet, Lycos, Yahoo!, Premiere, Burda and SCHLECKER. FLUXX AG has been
listed on the Frankfurt Stock Exchange (Deutsche Börse) since September
1999 (ISIN DE000A0JRU67); the group currently has 145 employees.

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

16.10.2007  Financial News transmitted by DGAP
Language:     English
Issuer:       FLUXX AG
              Ostpreußenplatz 10
              24161 Altenholz
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