Drillisch AG / Key word(s): Strategic Company Decision 15.04.2015 05:40 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Drillisch AG and Dixons Carphone PLC have signed a sale and purchase agreement on the acquisition of The Phone House Deutschland GmbH Maintal, 15 April 2015 - Today, Drillisch AG (ISIN DE 0005545503) and a subsidiary of Dixons Carphone PLC (ISIN GB 00B4Y7R145) have entered into a sale and purchase agreement regarding all shares of The Phone House Deutschland GmbH ("The Phone House"). The transaction is anticipated to take place by the end of May at the latest. With operator services for more than 1 million subscribers per year and a group turnover of - according to recent figures - about EUR 350 million p.a., The Phone House is one of the largest distributors in Germany with regard to mobile and fixed network contracts as well as mobile and other telecommunication devices. Moreover, The Phone House sells all relevant equipment and provides telecommunication and other services. Furthermore, The Phone House has many years of experience in the field of shop-based sales, has excellent access to independent specialized trade and has all necessary technical qualifications in order to provide extensive advice to partner shops as well as own shops, including hardware supply. With this acquisition, Drillisch AG completes the establishment of its new area-wide "offline" trade channel. The purchase price has two components. The first component, which is due at closing, is foreseen to be paid in the form of new Drillisch shares and is expected to represent circa 3% of the outstanding shares of Drillisch AG at closing. The second component consists of future excess cash flows of The Phone House. The consideration for the first purchase price component shall be realised by utilisation of the authorised capital with exclusion of the subscription rights of the shareholders (capital increase in kind). The new shares will be subject to a standard lock-up period. Drillisch and Dixons Carphone are looking forward to meaningful opportunities to cooperate in fields such as, among others, mobile device insurance and hardware supply, which shall be profitably implemented to the benefit of both parties. Drillisch AG The Management Board 15.04.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Drillisch AG Wilhelm-Röntgen-Straße 1-5 63477 Maintal Germany Phone: +49 (0)6181 412 218 Fax: +49 (0)6181 412 183 E-mail: [email protected] Internet: www.drillisch.de ISIN: DE0005545503 WKN: 554550 Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------