EANS-Adhoc: Lycos Europe N.V. / Annual General Meeting 2009 of LYCOS Europe N.V

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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28.05.2009

At the Annual General Meeting of LYCOS Europe N.V. (ISIN
NL0000233195) which was held today in Amsterdam 64.20 per cent of the
311,576,344 ordinary voting shares were represented.

The Annual General Meeting established the annual financial statement
2008. KPMG Accountants N.V., Amstelveen, was appointed as auditors
for the 2009 financial year. The General Meeting of shareholders
released the Supervisory Board and the Management Board from
liabilities for their duties for the financial year 2008. Further the
company was authorized to repurchase shares. The Articles of
Association have also been adapted to the new company situation.

LYCOS Europe informed at the Annual General Meeting that it entered
into an agreement with LYCOS Inc. to sell the licensed brands (LYCOS,
Tripod, Angelfire and Hotbot) back to LYCOS Inc.

Dr. Fred Wilsdorf was appointed as the new managing director and CEO
after the resignation of Christoph Mohn.

Considering the limited scope of the further activities of the
Company, the Supervisory Board will only consist of four members in
future. Formerly Supervisory Board members Rolf Eberhard Buch, Dr.
Dieter Ulrich Bohnert, Luis Velo Puig-Durán and Elias Rodriguez-Viña
resigned as Supervisory Board Directors as of today. Therefore Dr.
Martin Dannhoff and Francisco Borja García-Alarcón Altamirano have
been appointed as new Supervisory Board directors.

The Chairman of the Supervisory Board Prof. Dr. Jürgen Richter will
resign as of January 1, 2010. Jörn Caumanns has been appointed as new
Supervisory Board director effective January 1, 2010.

end of announcement euro adhoc
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ots Originaltext: Lycos Europe N.V.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Jochen Hög

Tel.: +49 (0)5241-80-71244

E-Mail: jochen.hoeg@lycos-europe.com

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