DGAP-Adhoc: CTS EVENTIM AG takes over Lippupiste OY in

CTS EVENTIM AG / Acquisition

22.09.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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CTS EVENTIM AG takes over Lippupiste OY in Finland  

Another successful acquisition of the European market leader / EVENTIM
takes 70% stake in leading Finish ticketing provider / more than 3 million
tickets sold annually / quick growth expected through Live Nation
co-operation


Munich, 22. September 2008. SDAX listed CTS EVENTIM AG (ISIN D0005470306)
has successfully completed another acquisition. The board today signed
agreements to take over the finish company Lippupiste OY ('Lippupiste')
seated in Tampere. Founded in 2002, Lippupiste (in English: Ticket-Point)
is one of the two leading providers of ticket distribution services in
Finland. In 2007, more than 3 million tickets have been sold through
Lippupiste via direct sales channels and in-house systems. Besides more
than 400 promoters, theatres and concert halls, numerous Finish sport clubs
and associations are among Lippupistes customers, including various ice
hockey teams, the leading soccer club HJK Helsinki and the national
associations for basketball, handball and volleyball.

For the current business year, Lippupiste is expecting revenues of more
than 4 million Euros and an EBITDA around 900,000 Euros. Strong organic
growth is planned for the near future, with one of the main drivers  like
in Germany  being the migration of the traditional ticket business to
higher margin internet sales. On top of that, from 2009 onwards EVENTIM
will distribute the tickets from its exclusive co-operation with Live
Nation, the worlds leading promoter, through Lippupiste and thus most
probably make the company the market leader in Finland before the years
end. In parallel, Lippupiste will introduce the proven state-of-the-art
ticketing systems of EVENTIM into the Finish market and also take over
technological leadership.

The majority of the shares in Lippupiste had so far been owned by
Interavanti OYJ, a listed Finish corporation with a main business in real
estate development. CTS EVENTIM AG has now taken over a 70% stake in
Lippupiste OY and will acquire the remaining shares in 2012. The purchase
price for the shares now acquired has been 5 million Euros, the closing of
the transaction will occur at the end of September.

For CTS EVENTIM AG, who has recently also entered the Swedish market, the
investment in Finland is another step of the Groups European growth
strategy. At the same time, the acquisition of Lippupiste creates an
excellent basis for expansion into the Baltic states of Estonia, Latvia and
Lithuania.


For further information please contact: 
Klaus-Peter Schulenberg, CEO, phone +49-421-3666201
DGAP 22.09.2008 
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Language:     English
Issuer:       CTS EVENTIM AG
              Contrescarpe 75 A
              28195 Bremen
              Deutschland
Phone:        +49 (0)421-36 66-233
Fax:          +49 (0)421-36 66-290
E-mail:       investor@eventim.de
Internet:     www.eventim.de
ISIN:         DE0005470306
WKN:          547030
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart
End of News                                     DGAP News-Service
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DGAP-Adhoc: CTS EVENTIM AG takes over Lippupiste OY in Finland
