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Vogt-Schild Medien AG & AZ Medien AG	Update Date: 02/19/08
Date Announced: 06/28/05
Value (million $USD): n/a

Status: Completed

TRANSACTION DETAILS
Date Announced	06/28/05
Date Originally Announced	06/28/05
Format	Acq. Part. Int.	Acquisition techniques	Not Applicable
Attitude	Neutral	Agency	n/a
Value	n/a	Advisor Fees	n/a

SYNOPSIS
SWITZERLAND - AZ Medien AG acquired a 35% stake in Vogt-Schild/Habegger Medien AG, a Soluthern-based producer of newspapers and periodicals from PubliGroupe SA. Terms were not disclosed.

TARGET
Name	Vogt-Schild Medien AG
Industries	Miscellaneous publishing; Newspapers: publishing, or publishing & printing
City	Solothurn
State	n/a
Nation	Switzerland
Incorporated in	n/a
Public Status	Private
Business Description	Publish newspapers and periodicals
Advisors	NULL
Target Sales	67.0 million U.S. Dollar 83.2 million Swiss Franc

ACQUIROR
Name	AZ Medien AG (Zurich : AZMD)
Industries	Periodicals: publishing, or publishing & printing; Newspapers: publishing, or publishing & printing; Miscellaneous publishing
City	Baden
State	n/a
Nation	Switzerland
Incorporated in	n/a
Public Status	Public
Business Description	Publishing company
Advisors	NULL
Acquiror Sales	n/a

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