DGAP-News: Scout24 AG / Key word(s): Strategic Company Decision/Takeover Scout24 AG: ImmobilienScout24 further strengthens its position in Germany and Austria via bolt-on acquisitions 09.06.2016 / 12:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ImmobilienScout24 further strengthens its position in Germany and Austria via bolt-on acquisitions - ImmobilienScout24 continues to pursue its strategy of content leadership - Acquisitions of my-next-home.de and immodirekt.at strengthen offer and customer base in Germany and Austria - Bolt-on acquisitions in line with growth strategy Berlin / Munich, 9 June 2016 - ImmobilienScout24, Germany's leading online marketplace for real estate and one of the leading real estate marketplaces in Austria and subsidiary of Scout24 AG, expands its offer base and strengthens its market position in Germany by the acquisition of my-next- home.de and in Austria by the acquisition of immodirekt.at. The acquisitions took effect on June 1, 2016. The total purchase price of both acquisitions is in the low single-digit million EUR range. My-next-home.de is a regionally focused real estate classifieds portal in Germany with a leading position in the region of Saarland. It has approx. 16 thousand listings on its site, around 400 professional customers and yearly revenues of around 400 thousand EUR. Immodirekt.at is a long established real estate classifieds platform in Austria with a well-known brand. It has an offer base of around 30 thousand listings, a customer base of approx. 500 real estate professionals and generates around 600 thousand EUR revenues per year. "Both transactions are fully in line with our strategy of building listings content leadership along with a large online audience to be a leading partner for private and professional real estate advertisers. We expect both my-next-home.de and immodirekt.at to enhance our value proposition for both customers and consumers and to strengthen our existing regional market position in their respective markets. We are delighted to welcome both companies into Scout24 group and look forward to building on what they have already achieved", said Seth Schelin, Senior Vice President Business Development of Scout24 AG. About Scout24 Scout24 operates leading digital classifieds platforms in Germany and other selected European countries. The main operations under the umbrella brand Scout24 are the digital marketplaces ImmobilienScout24 and AutoScout24. ImmobilienScout24 is the leading digital real estate classifieds platform in Germany, based on consumer traffic and time spent as well as customer numbers and listings. AutoScout24 is a leading automotive digital classifieds platform in Europe, in terms of unique monthly visitors and listings. Scout24's digital marketplaces are empowering people to realise their property and car-owning dreams simply, efficiently and stress-free. Further information is available at http://www.scout24.com. About Immobilienscout24 ImmobilienScout24 is the leading online marketplace for private and commercial real estate in Germany and a leading real estate marketplace in Austria. The portal enables people to realise their real estate dreams simply, efficiently and without any stress. ImmobilienScout24 successfully brings commercial real estate sellers, owners and potential tenants and buyers together. ImmobilienScout24 is part of the Scout24 Group, which operates leading digital marketplaces in the real estate and automotive sectors in Germany and other selected European countries. For more information, visit http://immobilienscout24.de or http://immobilienscout24.at. Investor Relations contact Britta Schmidt Vice President Investor Relations & Treasury Tel.: +49 89 44456 3278 Email: [email protected] Press contact Svenja Lahrmann Instinctif Partners Tel.: +49 221 42075 23 Email: [email protected] Disclaimer: All information contained in this document has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith. The information contained in this release is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this press release (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document. --------------------------------------------------------------------------- 09.06.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Scout24 AG Dingolfinger Str. 1 - 15 81673 Munich Germany Phone: +49 89 44456 - 0 Fax: +49 89 44456 - 3000 E-mail: [email protected] Internet: www.scout24.com ISIN: DE000A12DM80 WKN: A12DM8 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 470413 09.06.2016