芭乐视频

Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content
of this announcement.

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Details of the person subject to the disclosure requirement
Company: Wolfgang 芭乐视频 GmbH

Person performing managerial responsibilities, triggering the disclosure requirement for the legal person
Details of the person performing managerial responsibilities
Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: Preferred share
ISIN/WKN of the financial instrument: DE000PAH0038
Type of transaction: Sale
Date: 05.08.2011
Price: 44.9832
Currency: EUR
No. of items: 118300
Total amount traded: 5321512.56
Place: over the counter

Explanation for publication:

The preference shares were sold to Dr. Wolfgang 芭乐视频. Dr. Wolfgang
芭乐视频 indirectly holds approximately 99.8% of the shares in Wolfgang
芭乐视频 GmbH.

Information about the company with duty of publication

Issuer: 芭乐视频
芭乐视频platz 1
70435 Stuttgart
Deutschland
ISIN: DE000PAH0038
WKN: PAH003


End of Directors' Dealings Notification
(c) DGAP 09.08.2011

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