EANS-Interim Report: Lycos Europe N.V. / Zwischenmitteilung

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Intermediate report of the management pursuant to section 37x of the WpHG
transmitted by euro adhoc. The issuer is responsible for the content of this
announcement.
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Interim Statement for the Period from 1 July 2009 to 30 September
2009

LYCOS Europe N.V.

Interim Report
For the period from 1 July 2009 to 30 September 2009

This interim report of LYCOS Europe N.V. (ISIN NL0000233195) refers
to the third quarter of the financial year 2009 (1 July to 30
September 2009).

Business Development LYCOS Europe N.V. is pushing forward the
liquidation process of the company.

During the period under review the company took strong efforts to
find a buyer for the shopping unit (Pangora). The search for a
potential buyer turned out to be a long lasting process. Several
negotiations did not result in an according sales agreement until
after the period under review. Therefore Lycos Europe was forced to
also look at other options for Pangora.

The intelligent search Lycos iQ was transferred to Hubert Burda Media
in June already. The sale was completed on receipt of the final
purchase price of TEUR 400 by July 8, 2009.

Similar to that several payments relating to the sale of Lycos brand
and search to Lycos Inc. were received. According to the sales
contract the purchase price of USD 800,000 has to be paid in 8
instalments. By September 30, 2009 four payments totalling USD
400,000 were received.

The UK office has been shutdown by the end of July. Jubii Services
Ltd. (UK), Jubii IP Ltd. (UK), Pangora LLC (USA, Delaware) and Jubii
LLC (USA, Delaware) have already been liquidated to date.

Besides that Lycos was looking for a next tenant for the entire
office facilities in Gütersloh (Germany).

Shareprice Development The shareprice developed mainly side wards in
the period under review and rose by 4 percent while the TecDax gained
19 percent. The announcement of the delisting in France by the
beginning of 2010 did not have significant impact on the shareprice.

The highest shareprice was EUR 0.08 on July 27, 2009. On July 14,
2009 the Lycos Europe share dropped to 0.065, the lowest quotation in
the period under review. An average of 163,266 shares was traded on
Xetra in the third quarter of 2009.

[pic]

On September 30, 2009 we were informed that former shareholder
Bertelsmann Internet Holding GmbH was merged into Reinhard Mohn GmbH.
All shares and voting rights were transferred to Reinhard Mohn GmbH.
The shareholder structure remains unchanged.

HSBC Trinkaus & Burkhardt served as a Designated Sponsor in the
period under review.

Headcount Development By the end of the third quarter the number of
employees was reduced to 38. The employment contracts of 30 employees
have already been terminated and the bigger part will end by
September 2009. 30 of these employees have already been released from
their duties earlier. The small remaining staffs was mainly working
in the legal and accounting department mainly taking care of a proper
winding down.

Key Financials

The revenues (without discontinued operations) in the three months
ended September 30, 2009 declined further to EUR 0.0 million compared
to EUR 5.0 million in the previous year as Lycos terminated all
products and services by the middle of February 2009.

EBITDA for the third quarter amounted to EUR (1.7) million compared
to EUR (8.9) million in the same period 2009. The net loss of the
period amounted to EUR (2.8) million (three months ended September
30, 2008: EUR (7.4) million).

Cash, cash equivalents and other investments were EUR 45.9 million as
of September 30, 2009 compared to EUR 76.1 million as of December 31,
2008 due to the capital repayment of EUR 35 million in May 2009. Cash
ratio accordingly changed to 1.9 compared to 1.6 at the end of the
financial year 2008.

Risks and uncertainties The risk categories and risk factors have
extensively been described in the annual report 2008 and the six
months report 2009. Please refer to these reports.

Supplemental report By the beginning of October 2009 Lycos entered
into an agreement with a Swedish limited liability company to take
over the Swedish subsidiary Yarps Networks AB. The purchase price
less shareholders´ equity was about EUR 2 million.

After long lasting negotiations with several potential buyers Lycos
found a buyer (Affiliate Company of Become, Inc.) for the shopping
unit finally. The transaction will be closed by the end of October
2009.

Outlook Following the return of the Lycos brand to Lycos Inc. the
company Lycos Europe GmH will be renamed to Jubii Europe GmbH and
Lycos Eastern Europe GmbH will chang its company name to Jubii
Eastern Europe GmbH within the next months.

Further Lycos Europe will implement the shutdown plan step by step
and continue to liquidate its entities as soon as possible.

The Management Board
Key Figures*

| | |Three months |Three months |Change |
| | |ended |ended | |
| | |September 30, |September 30, | |
| | |2009 |2008 | |
| | | |(restated) | |
|Revenues |Million EUR|0.0 |5.0 |(100)% |
|EBITDA |Million EUR|(1.7) |(8.9) |81% |
|EBIT |Million EUR|(1.7) |(9.4) |82% |
|Net profit/(loss) |Million EUR|(2.8) |(7.4) |62% |
|Shares (average | |312,300,000 |312,300,000 |0% |
|outstanding) | | | | |
|Profit/(loss) per share |Million EUR|(0.01) |(0.02) |50% |

| | |Nine months |Nine months |Change |
| | |ended |ended | |
| | |September 30, |September 30, | |
| | |2009 |2008 | |
| | | |(restated) | |
|Revenues |Million EUR|3.4 |18.0 |(81)% |
|EBITDA |Million EUR|(14.3) |(22.6) |37% |
|EBIT |Million EUR|(15.6) |(24.2) |36% |
|Result from discontinued|Million EUR|24.1 |1.6 |> 100% |
|operations | | | | |
|Net profit/(loss) |Million EUR|8.2 |(17.1) |>100% |
|Shares (average | |312,300,000 |312,300,000 |0% |
|outstanding) | | | | |
|Profit/(loss) per share |Million EUR|0.03 |(0.06) |>100% |

| | |Nine months |Year ended |Change |
| | |ended |December 31, | |
| | |September 30, |2008 | |
| | |2009 | | |
|Cash, cash equivalents |Million EUR|45.9 |76.1 |(40)% |
|and other investments | | | | |
|Cash ratio (Cash, cash |percent |1.9 |1.6 |18% |
|equivalents and other | | | | |
|investments/total | | | | |
|liabilities) | | | | |
|Shareholders´ equity |Million EUR|35.2 |60.6 |(42)% |
|Equity ratio |percent |59.1 |56.0 |6% |
|(Shareholders´ | | | | |
|equity/Total assets) | | | | |
|Total assets |Million EUR|59.5 |108.2 |(45)% |
|Employees |number |38 |501 |(92)% |

*unaudited

LYCOS Europe NV
Richard Holkade 36
2033 PZ Haarlem
The Netherlands

contact@lycos-europe.com
www.lycos-europe.com

Disclaimer

This interim report to the shareholders should be read in conjunction
with the (consolidated) financial statements and notes thereto.
This report contains certain forward-looking statements and
information relating to LYCOS Europe based on the beliefs of
LYCOS Europe as well as assumptions made by and information
currently available to LYCOS Europe. These statements include, but
are not limited to, statements about LYCOS Europe´s
strategies, plans, objectives, expectations, intentions, revenues,
expenditures and assumptions as well as other statements contained
in this report that are not historical facts. When used in
this document, words such as "anticipate", "believe",
"estimate", "expect", "intend", "plan" and "project" and similar
expressions, as they relate to LYCOS Europe or its management, are
intended to identify forward-looking statements. These
statements, which reflect LYCOS Europe´s current views with
respect to future events, are not guarantees of future
performance and involve risks and uncertainties that are difficult
to predict. Further, certain forward-looking statements are based
upon assumptions as to future events that may not prove to be
accurate. Investors are cautioned that forward-looking statements
contained in this section involve both risk and uncertainty.
Several important factors cause actual results to differ
materially from those anticipated by these statements.

Ende der Mitteilung euro adhoc
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ots Originaltext: Lycos Europe N.V.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Branche: Software
ISIN: NL0000233195
WKN: 932728
Index: Prime All Share, Technologie All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
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