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INTERSHOP Communications AG

ots Ad hoc-Service: INTERSHOP Communications <DE0006227002> INTERSHOP completes placement of 100,000 shares

The sender is solely responsible for the contents of this
announcement.
   Hamburg (ots Ad hoc) - INTERSHOP Communications AG today announced
the successful placement of 100,000 shares (pre split/post split:
500,000) through Bank Vontobel of Switzerland. Because the shares had
already been created and registered by Deutsche Börse in March 2000,
there is no dilutive effect. The shares have been sold to
international institutional investors, and the transaction closed
today.The net proceeds of the placement, EUR 39 million, are to be
used for financing and to accommodate potential mergers and
acquisitions.
The 100,000 shares are part of a block of 435,000 shares that had
been created in March 2000 for a possible NASDAQ listing through an
associated capital increase. The remaining 335,000 shares are still
reserved for this purpose.
This press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
U.S. Investor Relations Contact Philip Oreste Vice President
Finance INTERSHOP Communications, Inc 600 Townsend Street Top Floor,
West San Francisco, CA 94103 Phone 415-229-0129 
p.oreste@intershop.com
European Investor Relations Contact Dr. John Lange Director
Investor Relations INTERSHOP Communications AG Amsinckstrabe 57
D-20097 Hamburg Germany
Phone +49-40-23709-128  j.h.lange@intershop.de
End of message
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