16.01.2009

Essen / Bonn, January 16, 2009. Karstadt Warenhaus GmbH is acquiring the stake in CAP Customer Advantage Program GmbH, currently held by Telekom. CAP operates the HappyDigits bonus program. This will make Karstadt the sole proprietor of CAP. Telekom and Karstadt have come to an appropriate agreement. The acquisition is subject to approval by the German Federal Cartel Office. Deutsche Telekom AG previously held 51% and Karstadt (via the group holding company Arcandor AG) 49% of the shares. Deutsche Telekom AG is disposing of its shares in order to focus more intensively on its core business.

Media contact:
Michael Scheibe
Corporate Communications
Karstadt Warenhaus GmbH
Tel: +49 (0)201 / 727-2124

Frank Domagala
Corporate Communications
Deutsche Telekom AG
Tel: +49 (0)228/181-67110