euro adhoc: MEDION AG / Buybacks / MEDION AG: Share buyback

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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03.12.2008

MEDION AG: Ad-hoc announcement pursuant to section 15 of the German
Securities Trading Act (WpHG)

Share buyback program

The Management Board of MEDION AG has decided, with the
consent of the Supervisory Board, to repurchase up to a further
968,368 of the Company's shares - which represents 2 percent of
the Company's current share capital - via the stock market as
from December 4, 2008. It is therefore partially utilizing the
authorization to this effect granted by the Company's Annual
Shareholders' Meeting on May 14, 2008, which had authorized it to
repurchase a total of up to 10 percent of the Company's current
share capital. MEDION AG had repurchased 6 percent of its share
capital (2,905,104 shares) by October 2008. When the Company
repurchases the further tranche of its shares via the stock
market in line with its decision, the price per share paid by
the Company (excluding transaction costs) must not be more than 10
percent above or below the market price determined for the
Company's shares on the respective trading day by the opening
auction in the Xetra trading system (or a similar successor system)
on the Frankfurt Stock Exchange. A decision on the purpose for
which the shares repurchased under the Annual Shareholders'
Meeting's authorization are to be utilized will be taken at a later
date.

The share buyback will be executed by Commerzbank AG, Frankfurt
am Main, Germany. It is intended that the decisions on when the
shares are to be repurchased via the stock market will be taken by
the bank alone and that these decisions will not be influenced by
the Company. MEDION AG will provide weekly information on the
progress of the share buyback program on its website. Further
details can be found in the Share Buyback Program section of
its website at www.medion.com.

Investor Relations
Tel: +49 201 8383 6500
e-Mail: aktie@medion.com

end of announcement euro adhoc
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ots Originaltext: Medion AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Investor Relations

Tel.: +49-201-8383-6500

e-Mail: aktie@medion.com

Branche: Technology
ISIN: DE0006605009
WKN: 660500
Index: SDAX
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
Börse München / free trade