Ad-hoc Press Release from
Intertainment AG
according to § 15 WpHG
Intertainment loses proceeding for documentary evidence / Supervisory Board meets on account of the risk of insolvency
Munich, December 22, 2005 - In the proceeding for documentary evidence filed against Intertainment Licensing GmbH and Intertainment AG by HypoVereinsbank AG, the presiding judge at the Regional Court Munich I (Landgericht München I) has today handed down the judgment. In the oral rendition of the judgment, she confirmed the claim of HVB for payment of the 10 million euros demanded by the company and granted HVB the right to enforce the judgment.
Intertainment Licensing GmbH and Intertainment AG are subject to a high risk of insolvency as a result of the judgment. In order to address this issue, the Supervisory Board of Intertainment AG will therefore be meeting tomorrow, Friday, at an extraordinary meeting.
End of the Press Release
Contact:
Intertainment AG, Investor Relations
Frauenplatz 7, 80331 Munich, Germany
Telephone: +49 (0)89 21699-0
Fax: +49 (0)89 21699-11
Internet: www.intertainment.de
E-Mail: investor@intertainment.de