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04.02.2004

Stephan Schambach leaves Intershop Communications

Jena, Germany - February 4, 2004 – Intershop Communications AG (Prime Standard: ISH1; Nasdaq: ISHP; “Intershop” or the “Company”) announced today that Stephan Schambach has asked the Supervisory Board of the Company to release him from his duties as a member of the Management Board with immediate effect.

The Supervisory Board has agreed to Mr. Schambach’s request. Mr. Schambach will leave the Company following the mutual termination of his contract of service. Mr. Schambach intends to pursue new business activities outside Intershop. Mr. Schambach was a co-founder of the Company in 1992 and was Chief Executive Officer of Intershop through July 14, 2003. Dr. Juergen Schoettler has been Intershop’s Chief Executive Officer since July 14, 2003. As an Intershop shareholder, Mr. Schambach will maintain friendly relations with the Company.

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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