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ots Ad hoc-Service: splendid medien AG <DE0007279507> Splendid Medien AG signs Agreement with Large Investor
Equity capital increase agreed

Cologne/London (ots Ad hoc-Service) -

Ad hoc-announcement. The sender is solely
responsible for the contents of this announcement.
The Splendid Medien AG,
Cologne, signed an agreement with GEM Global Yield Fund, an
international investment fund, on the subscription for shares from
approved capital to the equivalent value up to 10 million euro. In
the investment group GEM, Splendid has found an important large
investor for their company.
The Agreement is a sequential obligation to subscribe. Splendid
Medien AG will determine the times at which GEM Global Yield Fund
will subscribe. A capital increase without any pre-emption rights on
issues of new stock was agreed, which will be conditional on the
respective stock exchange price and will cover a maximum period of
two years.
The Cologne media company will essentially use the funds from this
increase in equity capital to finance further film projects. In the
past, Splendid Medien AG has co-produced and financed well known
Hollywood productions, among them the film "Traffic", winner of four
Oscars.
For further information, go to www.splendid-medien.de or contact
one of the following:
Splendid Medien AG,  Karin Opgenoorth, Alsdorfer Str. 3, 50933
Cologne, Germany, Telephone: ++49 (0)221-95 42 32 99, Fax: 0221-95 42
32 8, e-Mail:  karin.opgenoorth@splendid-medien.de
Splendid Medien AG, Elke Leim, Alsdorfer Str. 3, 50933 Cologne,
Germany, Telephone: ++49 (0)221-95 42 32 34, Fax: 0221-95 42 32 8,
e-Mail:  elke.leim@splendid-medien.de
GEM Group, Thomas Tuttle, 712 Fifth Avenue, New York, 10019 NY,
Telephone: ++1 (212) 582 - 3400,  Fax: ++1 (212) 265 - 4035, e-Mail: 
ttutle@gemny.com
End of message
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