Ad Hoc Announcements 2006

11.09.2006

Intershop's Convertible Bond Worth Euro 3.8 Million Converted into Shares

Jena, September 11, 2006 – Intershop Communications AG (Prime Standard: ISH2) today announced the conversion of 3,815,559 bonds from the 2004/2008 zero-coupon convertible bond in the principal amount of EUR 3,815,559 into 3,815,559 shares of the Company.

As a result of the conversion option being exercised, the Company's capital stock rose by EUR 3,815,559 from a current EUR 17,679,592 to EUR 21,495,151, while the total number of issued Intershop common bearer shares outstanding rose from 17,679,592 to 21,495,151, through the issue of 3,815,559 new shares from the Company's Conditional Capital IV.

The new shares are expected to be credited to the subscribers' securities accounts and the shares are expected to be quoted for the first time on September 11, 2006.

Investor Relations:
Annett Körbs
T: +49-3641-50-1370
F: +49-3641-50-1309
ir@intershop.de

Public Relations:
Dr. Ute Danz
T: +49-3641-50-1000
F: +49-3641-50-1002
pr@intershop.de

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