3U TELECOM AG: Acting Supervisory board reelected in annual meeting

In today´s annual meeting 3U TELECOM´s shareholders have confirmed the supervisory board in its office for another four years, as they had resigned in the course of the annual meeting. As a consequence, the agenda item initiated by shareholder Udo Graul to vote out the current supervisory board became irrelevant.

The 3/4-majority needed for the profit and loss transfer agreement within the group, as recommended by the administration, was not reached. This leads directly to a cash relevant additional burden of a high six-figure sum in 2005. Mr. Graul had announced during the general debate to vote against the administration´s proposal. The request of another shareholder for a special audit of Mr. Grauls management in 2004 was approved.


Ulrich Wiehle
Neue Kasseler Str. 62F
35039 Marburg
Phone: 06421-999 1200
Fax: 06421-999 1111
eMail: ir@3u.net