September 15, 2006 ­ Pardel NV, Parana Management BVBA, Think Media NV, Platinum Partners, Summit Capital, DS Apex Sapphire and KS Consulting Ltd subscribed for in total (i) €6,000,000, (ii) maximum 24,000,000 A warrants that entitle the holder to subscribe for the same number of shares in the Company, and (iii) maximum 24,000,000 B warrants, that also entitle the holder to subscribe for the same number of shares in the Company.

The exercise price for the A and B warrants is a maximum of €0.25, unless the Company decides to issue other securities that entitle the holder to shares as described above. In concrete terms this means that the Company can collect a maximum of another €12,000,000 by exercising the warrants. As far as the financial consequences of this transaction are concerned, we refer to the extraordinary minutes of the Board of Directors in accordance with articles 582, 583 and 596 of the Companies Code which can be found on the company’s website.