euro adhoc: other / LYCOS Europe N.V. announces the results of strategic review process

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Disclosure rectification announcement transmitted by euro adhoc. The issuer
is responsible for the content of this announcement.
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26.11.2008

Haarlem / Netherlands, November 26, 2008 - LYCOS Europe N.V.
("LYCOS"), one of the leading portal providers, online advertisers,
hosting, domain and price- comparison platforms in Europe, today
announces the results of its strategic review process.

Over the past months LYCOS, together with its advisors, has evaluated
the different available options for the business. These options
included the sale of the company as a whole, a sale of all or parts
of the assets of LYCOS, restructuring and partial liquidation of the
business.

As a result of this strategic review process the Management Board and
the Supervisory Board of LYCOS came to the conclusion that the best
available option of the company is to (i) strive for a sale of its
domains, Danish portal and shopping activities and (ii) to
discontinue the portal and webhosting activities.

As a result of this conclusion LYCOS intends to distribute an amount
of EUR 50 million in 2008 to its shareholders.

The above mentioned steps are subject to the approval of LYCOS'
shareholder meeting, which will be held December 12th, 2008 in
Amsterdam, the Netherlands. The full agenda as well as further
information are available on the LYCOS corporate website.

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About Lycos
Lycos Europe (ISIN NL0000233195) is one of the leading European portal providers
and online advertisers operating a network of websites in seven languages in
Europe and the USA. The company's combination of search, communication services,
online communities, content channels, shopping, homepage building and domain
names registration addresses a wide range of target groups.

end of announcement euro adhoc
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original announcement: ----------------------------------------------
---------------------------------- keywords: other

euro adhoc: other / LYCOS Europe N.V. announces the results of
strategic review process 26.11.2008

Haarlem / Netherlands, November 10, 2008 - LYCOS Europe N.V.
("LYCOS"), one of the leading portal providers, online advertisers,
hosting, domain and price- comparison platforms in Europe, today
announces the results of its strategic review process.

Over the past months LYCOS, together with its advisors, has evaluated
the different available options for the business. These options
included the sale of the company as a whole, a sale of all or parts
of the assets of LYCOS, restructuring and partial liquidation of the
business.

As a result of this strategic review process the Management Board and
the Supervisory Board of LYCOS came to the conclusion that the best
available option of the company is to (i) strive for a sale of its
domains, Danish portal and shopping activities and (ii) to
discontinue the portal and webhosting activities.

As a result of this conclusion LYCOS intends to distribute an amount
of EUR 50 million in 2008 to its shareholders.

The above mentioned steps are subject to the approval of LYCOS'
shareholder meeting, which will be held November 25th, 2008 in
Amsterdam, the Netherlands. The full agenda as well as further
information are available on the LYCOS corporate website.

###

About Lycos Europe Lycos Europe (ISIN NL0000233195) is one of the
leading European portal providers and online advertisers operating a
network of websites in seven languages in Europe and the USA. The
company's combination of search, communication services, online
communities, content channels, shopping, homepage building and domain
names registration addresses a wide range of target groups.

further inquiry note:

LYCOS Europe
Public Relations
Frauke Riva
T: +49-(0)5241-80-71050
F: +49-(0)5241-80-671050
E: frauke.riva@lycos-europe.com
http://www.lycos-europe.com

end of announcement euro adhoc --------
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sector publicity:
2008-11-26 08:35:57 - Bloomberg- abborted

2008-11-26 08:35:57 - Bloomberg- abborted

2008-11-26 08:35:57 - PR Newswire- abborted

2008-11-26 08:35:57 - PR Newswire- abborted

ots Originaltext: Lycos Europe
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

LYCOS Europe

Public Relations

Frauke Riva

T: +49-(0)5241-80-71050

F: +49-(0)5241-80-671050

E: frauke.riva@lycos-europe.com

Branche: Software
ISIN: NL0000233195
WKN: 932728
Index: Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Euronext - Paris / free trade
Börse München / free trade