15 December 2011

Versatel AG: Squeeze-out cash compensation amount of EUR 6.84

ad-hoc disclosure pursuant to section 15 of the WpHG

The majority shareholder of Versatel AG, Berlin, VictorianFibre Holding GmbH, a holding company owned by funds advised by Kohlberg Kravis Roberts & Co. L.P., informed the Management Board of Versatel AG today that VictorianFibre Holding GmbH will provide an amount of EURO 6.84 per registered no-par value share of Versatel AG as cash compensation for the transfer of the shares of the minority shareholders of Versatel AG to VictorianFibre Holding GmbH in accordance with the squeeze-out procedure under section 327a et. seq. German Stock Corporation Act (AktG)

A resolution regarding the transfer of the shares shall be adopted in an extraordinary general meeting of Versatel AG, scheduled for 9 February 2012.

Berlin, 14 December 2011
The Management Board

Further inquiry note:
Andrea Winzen
Investor Relations
Tel.: +49 (0) 211-52283124
E-Mail: andrea.winzen@versatel.de