PubliGroupe supports increased offer from Swisscom

Lausanne, 17 June 2014 - The Board of Directors of PubliGroupe welcomes Swisscom's decision to increase its announced public takeover offer to CHF 214 per share. The Board has decided to support the offer from Swisscom Ltd for all outstanding shares of PubliGroupe Ltd. and to recommend to the PubliGroupe shareholders to accept it. The two companies have signed an agreement to this effect.

In addition, the Board of Directors of PubliGroupe has taken note that Swisscom has signed agreements with the shareholders, Stiftung Jean-Robert Gerstenhauer (12.87% stake in PubliGroupe), Consuela Stiftung (1.04%) and Erbengemeinschaft Alfred Borter (11.37%), pursuant to which they will tender their shares to Swisscom at the price of CHF 214 per share in the public tender offer.

The Board of Directors rejects Tamedia's insufficient public offer of CHF 190 per share.

The Board of Directors of PubliGroupe will publish its report on Swisscom's improved offer, which is expected to be published by 23 June 2014, as well as on the already published offer from Tamedia by 14 July 2014 at the latest.