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Scout24 establishes Corporate Board to lead the Group

Munich, 15 April 2008 - Scout24 has set up a Corporate Board that will perform strategic management functions for the Group as a whole, ensuring that it continues on its steep growth trajectory. While the individual Scout24 companies will continue to operate under their current management, the new Board will handle Group-wide issues.

Apart from Dr. Martin Enderle (42), who has been CEO of the Group since 2005, and CFO Marc Sevray (37) the Board will be made up of Dr. Nicola Carbonari (45), CEO AutoScout24, Dr. Nikolas Deskovic (44), COO AutoScout24, and Johannes Hack (40), CEO JobScout24. "With this team we will be able to break new ground. It will incorporate our verticals even more strongly into Group-wide decision making as well as bundling all of the Group's considerable experience and expertise, further improving our market performance going forward," said Dr. Martin Enderle.

With its new management structure, the Scout24 Group is well positioned to continue to optimally support the users of its online services with key lifestyle-related decisions in the areas of real estate, cars, partnerships, jobs and careers, finance and travel.

As part of the restructuring exercise, Dr. Martin Enderle will also take on the management of Berlin-based ImmobilienScout24. The company's prior senior management team, which consisted of Arndt Kwiatkowski (45), Marianne Voigt (42) and Jürgen Böhm (45), has decided to leave the business. Dr. Enderle: "I am very grateful to the team for their excellent work to date, thanks to which the company today is the clear market leader in the German real estate sector, and I look forward to continuing to work with them to further build on ImmobilienScout24's track record of success."

"We will continue to have close ties with the company and will be supporting it on a consulting basis," explains Arndt Kwiatkowski, the departing CEO of ImmobilienScout24.



About the Scout24 Group

Scout24, a group of online marketplaces, offers sector-specific services in seven thematic areas, and has a presence in ten different countries. Scout24 makes it easier for its customers to find or to offer products, services and contacts, so saving them time and money. In this way Scout24 helps improve the transparency of the market. Around six million individuals every month take advantage of the services offered by the Scout24 Group: AutoScout24, ElectronicScout24, FinanceScout24, FriendScout24, ImmobilienScout24, JobScout24 and TravelScout24. Scout24 is a subsidiary of Deutsche Telekom AG.

Further information on Scout24 is available at www.scout24.de.



Press contact:


Scout24 Holding GmbH
Corporate Communication
Rosenheimer Straße 143b
81671 München
Tel.: + 49 89 490 267 320
Fax: + 49 89 490 267 11
Email: presse@scout24.com

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