euro adhoc: MEDION AG / Buybacks / MEDION AG: Resolution to initiate share buy-back program

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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03.07.2007

MEDION AG: Ad hoc announcement in accordance with § 15 of the German
Securities Trading Act (WpHG)

Essen, July 3, 2007

The Management Board of MEDION AG, with the approval of the
Supervisory Board, has resolved to buy back a maximum of 2,420,920
no-par-value shares, i.e., 5% of the Company's share capital via
the stock exchange, beginning July 4, 2007. The Management Board is
thus making partial use of the relevant authorization by the
Annual Shareholders' Meeting held on May 11, 2007, which had
authorized the Management Board to buy back up to 10% of the
Company's current share capital. The purchase price for
acquisition of the shares via the stock exchange (excluding
transaction costs) may not exceed or fall below the average price of
Company shares as quoted in midday trading (currently 1:10 p.m.)
on the Xetra electronic trading system of the Frankfurt Stock
Exchange (or a corresponding successor system) for the 5 trading
days immediately preceding acquisition of the shares by more than
5%. The share buy-back is intended to decrease MEDION AG's share
capital and to secure funds to meet any liabilities arising from
company stock option plans that have been or will be granted to
members of the Management Board, other executives, and employees
based on the authorization to issue stock options. MEDION AG
reserves the right to use the repurchased shares for other
purposes as well in accordance with the relevant authorization
given by the Annual Shareholders' Meeting. The share buy-back
will be carried out by Commerzbank AG, Frankfurt am Main. It is
planned for the bank to decide on the dates for purchasing the
shares via the stock exchange without any influence from MEDION
AG. MEDION AG will provide regular updates on the progress of the
share buy-back program. For further details, please visit our
website www.medion.com and select "share buy-back program."

Investor Relations
Phone: +49-201-8383-6500

end of announcement euro adhoc 03.07.2007 07:51:48
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ots Originaltext: Medion AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
MEDION AG: Investor Relations
Tel. +49(0)2018383-6500
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