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