3U HOLDING AG – Agreement with those suing for rescission

Marburg, December 12, 2007 – 3U HOLDING AG, which is listed on the Prime Standard at Frankfurter Stock Exchange (ISIN DE0005167902), and the shareholders who filed lawsuits for rescission and declaration of nullity of the resolutions adopted at the extraordinary general meeting on January 15, 2007 have ended their legal disputes with settlements at Frankfurt am Main District Court.

On the basis of the settlements the company and the suing shareholders amicably stated that the lawsuits for rescission and declaration of nullity have been settled. Furthermore, the lawsuits for rescission and declaration of nullity were withdrawn. Moreover, the suing shareholders have acknowledged the proposals in the approval process being pursued by the company. The company will publish the full texts of the settlements without undue delay in accordance with §§ 248a, 149 Section 2 and 3 German Stock Corporation Act.

The Board of Management assumes that the resolutions concerning the spin-off and the controlling and profit transfer agreement can be entered on the Commercial Register this year. With the entry of the resolutions on the Commercial Register 3U HOLDING AG will spin off its telecommunication services retroactively as of October 1, 2006 to the newly-founded 100% subsidiary 3U TELECOM GmbH. Thus another essential element in the strategic re-orientation of the company as a management and investment company has been implemented. With the spin-off of the telecommunication services greater transparency and a clear structure with regard to the control of 3U HOLDING AG and its operative units are being attained. At the same time, against the background of the conclusion of a controlling and profit transfer agreement with the newly-founded 3U TELECOM GmbH the tax position of the 3U Group is being optimized.

Contact:

3U HOLDING AG
Investor Relations
Neue Kasseler Str. 62F
35039 Marburg
phone: 06421/ 999-1200
fax: 06421/ 999-1998
e-mail: ir@3u.net

Vorstand:

Michael Schmidt, Roland Thieme, Oliver Zimmermann

Aufsichtsrat:

Ralf Thoenes (Vorsitzender)

Handelsregister:

Amtsgericht Marburg HRB 4680

3U TELECOM AG – Growth in results continues in core business

Marburg, 22 November 2007 – The third quarter of 2007 at the Marburg-based 3U HOLDING AG, which has been trading under this new name since 31 October 2007, continued to be shaped by the strategic reorientation of the company and the talks on the sale of the subsidiary LambdaNet Communications Deutschland AG. In line with the accounting provisions of the International Financial Reporting Standards (IFRS), in the third quarter of 2007 the sales revenues of LambdaNet and the subsidiaries in Austria and the USA, as so-called “held for sale” companies, were no longer included in the consolidated statements, but merely their aggregate book values and the results for the period.

Accordingly the consolidated revenues as of 30 September 2007 resulted solely from the core business fixed-line telephony. Following revenues of € 18.95 million adjusted for the “held for sale” effect in the second quarter of 2007, revenues in the third quarter of 2007 rose to € 20.03 million. As expected, the revenues in the third quarter of 2007 decreased by 8.5% in a year-on-year comparison, from a figure of € 21.90 million in the third quarter of 2006. In the first nine months of 2007 the 3U Group posted sale revenues amounting to € 57.31 million; this follows on from an adjusted figure of € 65.54 million in the corresponding period for the previous year. Thus the revenues are within the framework of the corporate planning for the 2007 business year.

The continued consistent orientation to earnings in the core business of fixed-line telephony is reflected in the results. The earnings before interest, taxes and depreciation and amortization (EBITDA) in the third quarter of 2007 rose by some 14.1% over the second quarter, from € 0.64 million to € 0.73 million. For the third consecutive time the EBITDA for the quarter is thus positive. In the first nine months of 2007 the EBITDA was € 1.53 million.

The result for the period in the core business fixed-line telephony has also developed pleasingly, improving in the first nine months of 2007 to € 1.06 million. Compared to the second quarter of 2007 it rose by 67% in the third quarter of 2007, from € 0.42 million to € 0.70 million. The quarterly result in the core business was positive for the second consecutive period therefore.

Thus as of 30 September 2007 both the EBITDA and the result from the core business fixed-line telephony were clearly higher than the corporate planning for the 2007 business year.

The consolidated result, which also reflects the earnings of LambdaNet, which is to be sold, and the foreign companies, continued to be depressed by the ongoing high level of depreciation at LambdaNet. The loss for the period at the 3U Group in the third quarter of 2007 was € 1.44 million, following on from a loss of € 0.82 million in the second quarter of 2007. As of 30 September 2007 the consolidated loss was € 4.44 million; this corresponds to a loss of € 0.09 per share.

The liquid and near-liquid funds as of 30 September 2007 amounted to € 33.18 million. The decline in liquid funds in a comparison with the figure as of 31 December 2006 (€ 38.83 million) is essentially due to the reclassification of the liquid funds at LambdaNet. Taking into account the liquid funds of LambdaNet the liquid and near-liquid funds as of 30 September 2007 only declined by € 1.14 million to € 37.69 million despite further repayments of € 4.07 million in the first nine months of the 2007 business year.

The equity capital ratio of the 3U Group improved compared to 31 December 2006 (38.51%) to 39.02% as of the cut-off date 30 September 2007.

The process of selling LambdaNet has not been completed. Against the background of the crisis on the American market for mortgage loans, which has led to reservation on the part of the banks towards awarding loans for investment financing, there is the possibility that the sale will be further delayed.

The detailed nine-month report will be published on 27 November 2007.

Contact:

3U HOLDING AG
Investor Relations
Neue Kasseler Str. 62F
35039 Marburg
phone: 06421/ 999-1200
fax: 06421/ 999-1998
e-mail: ir@3u.net

Vorstand:

Michael Schmidt, Roland Thieme, Oliver Zimmermann

Aufsichtsrat:

Ralf Thoenes (Vorsitzender)

Handelsregister:

Amtsgericht Marburg HRB 4680

3U TELECOM AG to operate under the name 3U HOLDING AG with immediate effect

Marburg, 1 November 2007 – With yesterday’s entry into the Commercial Register 3U TELECOM AG, which is listed in the Prime Standard at Frankfurt Stock Exchange (ISIN DE0005167902), is now operating under the new name 3U HOLDING AG with immediate effect. The change of the name reflects the strategic reorientation of the Marburg-based company. The new 3U HOLDING AG will operate as a management- and investment holding company. By expanding its investment business it expects to achieve new growth and yield potential. Of the original telecommunication sector it is planned to merely continue the core business of fixed-line telephony; for this reason the subsidiary LambdaNet Communications Deutschland AG is planed to be sold. Against the background of the commonly known restrictions of banks towards awarding loans for investment financing, triggered by the crisis on the American market for mortgage loans, there is the possibility that the sale will be hampered however.

Contact:

3U HOLDING AG
Investor Relations
Neue Kasseler Str. 62F
35039 Marburg
phone: 06421/ 999-1200
fax: 06421/ 999-1998
e-mail: ir@3u.net

Vorstand:

Michael Schmidt, Roland Thieme, Oliver Zimmermann

Aufsichtsrat:

Ralf Thoenes (Vorsitzender)

Handelsregister:

Amtsgericht Marburg HRB 4680

3U TELECOM AG to sell subsidiary LambdaNet

Marburg, 21 June 2007 – 3U TELECOM AG, which is listed on the Prime Standard at Frankfurter Stock Exchange, intends to sell LambdaNet Communications Deutschland AG within the framework of its repositioning as a management and shareholding company. Following the take-over of LambdaNet in April 2004 and its successful development into one of the leading providers of transfer network solutions for telecommunications companies, internet service providers and business customers, the company is now being sold for strategic reasons. In view of the focus on the call-by-call and wholesale business since mid-2006 in the fixed-line telephony segment, LambdaNet, despite its ongoing excellent business development, is no longer absolutely necessary for the operations of the 3U Group. The sale is intended to provide 3U TELECOM AG with further liquidity for the development of the shareholding business in addition to its current available liquid funds of ca. € 37 million. Initial offers have already been received from renowned potential buyers. The sale of LambdaNet will not have any negative impact for the traditional fixed-line telephony segment.

“The objective of the negotiations currently being conducted on the sale is that of acquiring an investor for LambdaNet with a long-term orientation, who will continue and further expand the successful business activity. LambdaNet is successfully established in the market, and thanks to its individualized product portfolio based on state-of-the-art technology has numerous renowned customers under contract. In this regard LambdaNet is highly profitable, having attained an EBITDA of € 8.3 million in 2006, with a planned EBITDA of € 10.2 million for 2007. In particular there is thus considerable interest in a take-over of LambdaNet on the part of major strategic investors. After the sale 3U TELECOM AG will continue to use the telecoms network infrastructure of LambdaNet for its core business, call-by-call and wholesale. In this respect there are long-term, cost-efficient agreements with LambdaNet,” says Oliver Zimmermann, the chief financial officer of 3U TELECOM AG.

Contact:

3U TELECOM AG
phone: +49 6421 999-1200
fax: +49 6421 999-1998
e-mail: ir@3u.net

Development of sales and earnings at 3U TELECOM AG within corporate planning in the first quarter of 2007

Marburg, 24 May 2007 – According to provisional figures the 3U Group posted sales revenues of € 27.16 million in the first quarter of the 2007 financial year. The decline in revenues of € 5 million in a year-on-year comparison (€ 32.15 million) was essentially due to the operative reorientation at the beginning of August 2006 in the fixed-line telephony segment at 3U TELECOM AG as well as the already communicated termination of a key account in the carrier sales segment at the subsidiary LambdaNet. The EBITDA amounted to € 2.08 million, whereby this sum is lower than the figure for the comparable period of the previous year (€ 2.78 million), yet higher than that for the fourth quarter of 2006 (€ 1.70 million). The loss for the period decreased over the fourth quarter of 2006 (€ 2.67 million) by some 18 % to € 2.19 million, following on from € 1.93 million in the first quarter of 2006.

In the first quarter of 2007 the fixed-line telephony segment posted revenues of € 19.46 million. As expected, due to the focus since the beginning of August 2006 on the call-by-call and wholesale business the figure from the previous year (fourth quarter 2006: € 21.51 million and first quarter 2006: € 23.04 million) was not attained. The EBITDA in the first three months of the current financial year was € 0.19 million (first quarter 2006: € 0.38 million) and was again positive, following on from a slightly negative result in the fourth quarter of 2006 (-€ 0.06 million), which had essentially been caused by special effects.

In the broadband/IP segment the sales revenues, EBITDA and earnings were also within the framework of general expectations. Sales in the first quarter of the current financial year were € 7.70 million, following on from € 8.79 million in the forth quarter of 2006 and € 9.11 million in the first quarter of 2006. The downturn in sales revenues results above all from the previously communicated termination of a key account in the carrier sales segment. While the EBITDA was lower than the result for the corresponding period in the previous year (€ 2.40 million), it rose over the fourth quarter of 2006 (€ 1.76 million) by some 7 % to € 1.89 million. The loss for the period was higher than that for the first quarter of the previous year (- € 1.58 million). At € -2.15 million it was more or less at the level seen in the previous quarter (- € 2.05 million).

As of 31 March 2007 the equity capital ratio in the 3U Group rose to 38.81 % and was thus much higher than the figure for the comparative quarter in 2006 (35.95 %). The liquid funds as of 31 March 2007 amounted to € 36.50 million; despite the annual advance payments for the interconnection lines to Deutsche Telekom AG in the fixed-line telephony segment and the scheduled loan repayments at LambdaNet it was possible to maintain this figure at practically the same level seen in the previous year (31 March 2006: € 36.91 million).

The consolidated result in the first quarter of the new financial year merely reflects business results from the long-standing telecommunications sector. The management is currently taking all the necessary steps so as to implement the spin-off of the telecommunications services as well as the launch of the management and shareholding business – adopted at the extraordinary general meeting in January of this year – as soon as legal prerequisites have been fulfilled.

The complete quarterly report will be published on 31 May 2007.

Contact person:

3U TELECOM AG
Kirsten Götsche
Tel.: 06421 999-1200
Fax: 06421 999-1998
ir@3u.net