The OLG (Higher Regional Court) Duesseldorf orders Deutsche Telekom AG to repay approx. EUR 49 m - thus, a total of approx. EUR 94 m are adjudicated to telegate AG from all actions

telegate AG  / Key word(s): Legal Matter

08.06.2011 13:40

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

The OLG (Higher Regional Court) Duesseldorf orders Deutsche Telekom AG to
repay approx. EUR 49 m - thus, a total of approx. EUR 94 m are adjudicated
to telegate AG from all actions

Planegg-Martinsried near Munich, June 08, 2011 - Today, the Higher Regional
Court (OLG) Duesseldorf pronounced a judgment on the action of telegate AG
(reference number VI U 2/11) against Deutsche Telekom AG. Accordingly,
Deutsche Telekom AG has to repay telegate AG improperly excessive costs of
provision of subscriber data in the amount of EUR 41.28 m from 1997 to
2001. 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 8
m. telegate AG's action of a total of EUR 10.76 m was dismissed in the
second instance. An appeal from the judgment was not admitted. The judgment
is not final yet.

Two judgments in favour of telegate's subsidiaries datagate GmbH and
telegate MEDIA AG were already delivered on April 13, 2011. Here, Deutsche
Telekom AG was ordered to repay a total of EUR 45 m including interest.
From all three proceedings, Deutsche Telekom AG has to reimburse telegate a
total of approx. EUR 94 m including interest for improperly excessive data
costs.

About the history of proceedings: telegate AG and its subsidiaries
prosecute three data cost actions against Deutsche Telekom AG in this
connection. The OLG Duesseldorf already delivered judgments in all three
proceedings in favour of telegate 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. This court pronounced judgments on
the two actions of the subsidiaries datagate GmbH (reference number VI U
1/11) and telegate MEDIA AG (reference number VI U 6/11) on April 13, 2011.
As well as today's judgment on telegate AG's action, the two judgments are
not final yet. An appeal was not admitted.


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






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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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