Corporate news

MAGIX Board decides further share buy back

Ad-hoc Notice

Berlin, 21 January 2009 - The Board of Berlin-based company MAGIX AG (ISIN DE0007220782), following the approval of the Supervisory Board, has just decided to launch a public buyback offer to the shareholders.

The offer period starts on Monday, 26 January 2009, and ends on Friday, 13 February 2009 at 1200 CET. The purchase price of EUR 2.74 per share offered by the company (excluding auxiliary purchasing costs) lies within the span of 10% above or below the average closing price of the Xetra trading system of the Frankfurt Stock Exchange on the 4th to 10th day of trading before publication of the offer in accordance with the decision of the shareholders' meeting on 12 March 2008.

In November last year MAGIX AG had already purchased 444,252 of its own shares at a price of EUR 1.95 per share (excl. auxiliary costs) within the frame of a public buyback offer. Since then it has been holding 3.85% of the share capital. The new buyback offer is limited to a maximum amount of 709,237 shares. The authorization by the shareholders' meeting to buy back just under 10% of existing share capital would be utilized to its full potential if the offer is fully accepted.

Detailed information on the public buyback offer will be available to the shareholders from 26 January 2009 on www.magix.com or from their bank.