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Ad hoc announcement pursuant to Art. 53 LR

Tamedia acquires stake in PubliGroupe held by Tweedy Browne – holding in PubliGroupe now at 17.6 per cent

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Zurich, 14 May 2014 – Tamedia has acquired 235'465 PubliGroupe shares hitherto held by Tweedy Browne LLC for 190 CHF per share. Additionally, the company has acquired 5'057 PubliGroupe shares from other vendors on Tuesday, May 13th, 2014. Tamedia and related parties now own 410'816 shares or a 17.6 per cent stake in PubliGroupe, compared to 170'294 shares or 7.3 per cent before the acquisition. With this step, Tamedia has become the biggest shareholder in PubliGroupe.

The Swiss media group Tamedia Ltd had made a pre-announcement on Thursday 17 April 2014 of a public tender offer for PubliGroupe Ltd (Valor 462630, ISIN CH0004626302, PUBN). The offer stated a price of CHF 150 for each registered share in PubliGroupe Ltd.  The Prospectus will be published on or around 27 May 2014. The shareholding in local.ch, which PubliGroupe operates jointly with Swisscom, lies at the heart of the planned takeover.

Additional information:
Christoph Zimmer, Head Corporate Communications Tamedia Ltd,
Telephone +41 44 248 41 35, Email [email protected]

Additional Information on Tamedia
Tamedia is a Swiss media group having its registered office in Zurich. With its daily and weekly newspapers, magazines, online sites and printing facilities, Tamedia is one of the leading media companies in Switzerland. Thanks to their independent reporting and critical research, the media of the Tamedia Ltd and its subsidiaries Tamedia Publications romandes and Espace Media make an important contribution to forming opinions and provide discussion topics with entertaining stories from all walks of life. The company was founded in 1893 and has been traded on the Swiss stock exchange since 2000 (Valor 1117825, ISIN CH0011178255, TAMN).
Additional Information: www.tamedia.ch

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Press Release (PDF)