The OLG (Higher Regional Court) Duesseldorf orders Deutsche Telekom AG to repay an amount of approx. EUR 45 m - pronouncement regarding the action of EUR 52.04 m postponed to May 18, 2011

telegate AG  / Key word(s): Legal Matter

13.04.2011 13:14

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Special Announcement from telegate AG pursuant to § 15 of the German
Securities Trading Act - Planegg-Martinsried, Germany, ISIN
DE0005118806/WKN 511 880


The OLG (Higher Regional Court) Duesseldorf orders Deutsche Telekom AG to
repay an amount of approx. EUR 45 m - pronouncement regarding the action of
EUR 52.04 m postponed to May 18, 2011

The Higher Regional Court (OLG) Duesseldorf pronounced judgments today on a
total of two actions of telegate AG's subsidiaries, datagate GmbH (Court's
reference number VI U 1/11) and telegate MEDIA AG (Court's reference number
VI U 6/11), against Deutsche Telekom AG. Accordingly, Deutsche Telekom AG
has to repay the improperly excessive costs of provision of subscriber data
in the amount of EUR 33.63 m from 2000 to 2004. In addition to the
repayment of data costs, interest payable as from commencement of
proceedings has to be added in the amount of approx. EUR 11.5 m. The right
to appeal was not granted by the OLG. The judgments are not final yet. The
reasons given by the OLG are not available yet.

The pronouncement of the judgment on the action of telegate AG against
Deutsche Telekom AG with an amount in dispute of approx. EUR 52.04 m for
provision of subscriber data from 1997 to 2000 plus interest payable as
from commencement of proceedings was postponed to May 18, 2011, due to
illness of the competent reporting judge at the Higher Regional Court
Duesseldorf.

About the history of proceedings: the OLG Duesseldorf made judgments in the
same proceedings in favour of telegate already in 2007. The judgments were
overruled by the Federal High Court of Justice in 2009 and remitted to the
OLG Duesseldorf for further court hearing. As a result, today's judgments
were given.


Contact: 

Jörg Kiveris
telegate AG
Head of Public Relations Department
Fraunhofer Str. 12a 
82152 Planegg-Martinsried
Tel.: 089/ 8954-1188 
Fax: 089/ 8954-1189
E-Mail: presse@telegate.com
http://www.telegate.com
http://twitter.com/telegate



Contact:
Jörg Kiveris
telegate AG
Head of Public Relations Department
Fraunhofer Str. 12a  
82152 Planegg-Martinsried
Tel.: 089/ 8954-1188 
Fax: 089/ 8954-1189
E-Mail: joerg.kiveris@telegate.com






13.04.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      telegate AG
              Fraunhofer Str. 12a
              82152 Planegg-Martinsried
              Deutschland
Phone:        +49 089 - 89 54 0
Fax:          +49 089 - 89 54 10 10
E-mail:       info@telegate.de
Internet:     www.telegate.com
ISIN:         DE0005118806
WKN:          511880
Indices:      Prime All Share
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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