Jobs & Adverts AG: Listing on the Neuer Markt segment of Frankfurt's stock exchange in April 2000

Bad Homburg, Germany (PROTEXT) - Jobs & Adverts AG (securitiescode 514 170), Bad Homburg, plans to launch an IPO on the NeuerMarkt segment of the Frankfurt stock exchange in April 2000, asannounced by the company today at a press conference inFrankfurt. J.P. Morgan and Bank Vontobel are set to shepherd thiscompany to the stock market as bookrunners and joint leadmanagers, respectively. With its jobpilot portals (more than 78,000 jobs offered inover 47,000 job ads), Jobs & Adverts runs one of the biggestEuropean job markets on the Internet. Long-term generalagreements are in place with Nokia, Deutsche Bank, SAP andSiemens, among other companies. A holding of United Internet Jobs & Adverts AG, Bad Homburg, was established in 1995 andtoday is one of the leading European providers of services andproducts associated with jobs and careers on the Internet. Apartfrom vacancies and wanted ads, additional innovative services canbe downloaded from the jobpilot domain. At present, this domainfeatures more than 47,000 job ads. 28 of the DAX-30 companies areamong the customers of Jobs & Adverts AG. In February 2000,jobpilot recorded more than 15 million hits (pageviews). SinceJuly 1998, United Internet (formerly 1 & 1 KGaA) has held a 27.51per cent share in Jobs & Adverts. With branches in 15 countries,the company has a wide pan-European presence. "Unfortunately, the markets foiled our stock market plans lastfall" reports the founder and CEO of Jobs & Adverts AG, Dr.Roland Metzger. "Now, however, we are confident of our ability topull off a successful launch on the Neuer Markt this time." Proceeds of the IPO earmarked to finance further corporategrowth Sales at Jobs & Adverts AG in 1999 amounted to approx. 10.1million euros. Compared with 3.1 million euros the previous year,it was thus possible to more than treble sales year on year. Theoperating profit in Europe in 1999 amounted to -4,8 millioneuros. In Germany the company already managed to achieve apositive result to the tune of 820,000 euros. The future holds the promise of high growth rates continuing.For instance, in terms of a study conducted by Computer IndustryAlliance & Savantek Inc., the number of Web users in Europe isexpected to rise from 60.8 million in 1999 to roughly 219 millionin the year 2005. According to Computer Economics, the number ofjobs wanted on the Internet will increase from 5 million in 1999(e) to 16 million in the year 2002 (e). Jobs & Adverts intends to invest the proceeds of the IPO aboveall in marketing. In addition, the funds will be deployed with aview to extending the company's infrastructure and technology andfor specific acquisitions. The company's objective is to becomethe leading career network on the Internet throughout Europe. Company fact sheet In August 1995, Jobs & Adverts AG established jobpilot, thefirst German job market on the Internet. Today, with more than78,000 current job offers (February 2000), jobpilot is Europe'sbiggest commercial Internet employment market. Among the standingcustomers of this online pioneer are 28 of the 30 businesseslisted in Germany's prime stock market index, the DAX. Inaddition to publishing vacancies and jobs wanted ads, its rangeextends to include other innovative services. With its cross-industry offer, jobpilot meanwhile records more than fifteenmillion hits / page impressions per month throughout the world(February 2000). The service provided by jobpilot is free ofcharge for applicants. For companies in Germany, the costs per adamount to 350 to 650 euros for four weeks. Local prices apply toall other countries. Jobs & Adverts AG has founded European subsidiaries inSwitzerland, Austria, France, Sweden, Poland, Spain, the CzechRepublic, Italy, the U.K., Norway, the Netherlands, Belgium,Hungary and Denmark. The company is headquartered in Bad Homburgnear Frankfurt/Main. ots Originaltextservice: Jobs & AdvertsInternet: http://recherche.newsaktuell.de

Contact person foreditorial staff

Your contact at Jobs & Adverts KirchhoffConsult AG

Dr. Roland Metzger Ulla ErdmannCEO Ahrensburger Weg 2

Siemensstraße 15-1722359 Hamburg

61352 Bad Homburg Tel.:040-609 186 34

Tel.: 06172-919 110 Fax: 040-609186 71

Fax: 06172-919 544ulla.erdmann@kirchhoff.de

presse@jobpilot.de

www.jobpilot.de

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