DGAP-Adhoc

Bastei Lübbe AG: Subject: Correction to the Statement on Dividend Issuance in the 2013/2014 Annual Report for Bastei Lübbe AG

Bastei Lübbe AG / Key word(s): Dividend

29.08.2014 16:11

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc Press Release in accordance with §15 WpHG (German Securities Trading
Act):

Subject: Correction to the Statement on Dividend Issuance in the 2013/2014
Annual Report for Bastei Lübbe AG

Cologne, 29 August 2014. The following statement was included on page 76 of
the 2013/2014 Annual Report from Bastei Lübbe AG, as well as in the
invitation to the Annual General Meeting of Bastei Lübbe AG, regarding the
proposed resolution by the board and the supervisor council on the profit
distribution:

"The Board of Directors and Supervisory Board propose to the General
Assembly that the balance sheet profits of Bastei Lübbe AG be issued as
dividends in the amount of EUR 0.28 per individual share certificate".

Building on that reporting of this proposed resolution, page 76 of the
2013/2014 Annual Report (but not the invitation to the Annual General
Meeting) also contains the following statement:

"The dividends should be drawn in full from the tax-deductible deposit
account in the sense of § 27 KStG (Corporate Stock Act) and thus be paid
without withholding for capital gains tax and the solidarity tax
contribution".

This statement is inaccurate. A dividend of this kind cannot be drawn from
a tax-deductible deposit account. If the General Assembly ratifies profit
distribution, then the payment of the dividends will be made with the
standard deductions for capital gains tax, the solidarity tax contribution
on the capital gains tax and where applicable the Church tax on the capital
gains tax.

About Bastei Lübbe AG:
Bastei Lübbe AG is a publically held media company organised around its
publishing venture. The Cologne-based company currently has around 335
employees. It publishes books, audio books, ebooks and digital products in
both the literary and popular science genres, as well as serialised novels
and puzzle magazines. Bastei Lübbe is also actively involved in brand
licensing and the development, production and distribution of gift,
decoration and merchandising articles. Bastei Lübbe has for many years
enjoyed an almost unbroken streak as the market leader in the growing
segment of hard-cover literature; in 2013 its literary ebooks division was
also ranked number one on the market. 2013 saw the company's 60th
anniversary celebration and its launch as a publicly traded company. Shares
of Bastei Lübbe AG are listed in the Prime Standard segment of the
Frankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0).

Contact for Bastei Lübbe AG:
Barbara Fischer
Director of PR and
Event Marketing
Tel.: +49 (0) 221 / 82 00 28 50
Email: [e-mail]


29.08.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Bastei Lübbe AG
Schanzenstraße 6 - 20
51063 Köln
Germany
Phone: 02 21 / 82 00 - 0
Fax: 02 21 / 82 00 - 1900
E-mail: [e-mail]
Internet: www.luebbe.de
ISIN: DE000A1X3YY0, DE000A1K0169
WKN: A1X3YY, A1K016
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart

End of Announcement DGAP News-Service

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