Ad hoc: splendid medien AG: Splendid Medien AG: Revocation of the implementation of a share buy-back program

splendid medien AG / Share buyback / Ad hoc: Splendid Medien AG:
Revocation of the implementation of a share
buy-back program

Ad hoc update according to §15 WpHG processed and transmitted by
Hugin. The issuer is solely responsible for the content of this
announcement.

The orginal ad hoc release was sent on 30-10-08 20:26 GMT+1 to the
following major wire services: Reuters, VWD, DPA-AFX, and Bloomberg.

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(Cologne, 4 November 2008) - The Management Board of Splendid Medien
AG, Cologne, ISIN DE0007279507, announced on 30 October 2008,
utilising the authorisation granted by the Annual General Meeting on
10 June 2008, to buy back own shares, with the approval of the
Supervisory Board. The share buy-back program should have commenced
yesterday (3 November 2008) and have been continued no later than 9
December 2009.

After extensive examination, the Management Board today arrived at
the conclusion that the conditions according to stock corporation law
for implementing the announced share-buy back program are not fully
in place at the present moment in time.

The Management Board of Splendid Medien AG will not implement the
share buy-back program announced via an electronic dissemination
system in an ad-hoc notification on 30 October 2008 for the time
being.

Until now, no own shares have yet been acquired by Splendid Medien AG
in conjunction with the share buy-back program.

For further information, please contact:

Splendid Medien AG
Karin Opgenoorth
Alsdorfer Str. 3
50933 Köln
Tel.: +49 (0) 221-95 42 32 99
Fax: +49 (0) 221-95 42 32 613
karin.opgenoorth@splendid-medien.com
www.splendidmedien.com

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splendid medien AG
Alsdorfer Strasse 3 Köln Germany

WKN: 727950;
ISIN: DE0007279507; Index: CDAX, CLASSIC All Share, Prime All Share;
Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime
Standard in Frankfurter Wertpapierbörse;
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