Press Releases

01.08.2006

Intershop holds 8th Annual Stockholders' Meeting in Apolda, Thuringia

Jena, Apolda, August 1, 2006 - The Stockholders' Meeting of Intershop Communications AG (Prime Standard: ISH2) today adopted the resolutions proposed by the Management Board and Supervisory Board on the approval of the actions of the Management Board, the appointment of the auditors and the authorization to buy back own shares. The resolutions were adopted by a majority of more than 95 percent.

The motion to approve the actions of the Supervisory Board was rejected by the meeting, which had a low turnout representing only 10.759% of the Company's capital stock. Only 25.856% of those present voted to approve the actions of the Supervisory Board.

"The general trend towards a decline in stockholder attendance was confirmed at this year's Intershop Stockholders' Meeting", said Dr. Jürgen Schöttler, CEO. "Only 145 of the total of over 200,000 stockholders were present. This can lead to voting results depending crucially on the behavior of a small number of stockholders."

About Intershop
Intershop Communications AG (Prime Standard: ISH2) is a leading provider of comprehensive global e-commerce and online marketing solutions. Founded in 1992, Intershop has a long tradition of driving innovation in e-commerce by automating and simplifying business processes for mid to large-sized organizations. Intershop’s standard e-commerce software, Enfinity Suite 6, offers a highly scalable and robust solution for conducting online business, complemented by all necessary technical and business consulting services. Intershop also acts as a business process outsourcing (BPO) provider, managing all aspects of online retailing, including fulfillment, online marketing and hosting. Around the globe more than 320 enterprise customers, including HP, Sun Microsystems, BMW, and Deutsche Telekom run Intershop solutions. Intershop has offices in the United States and Europe. More information about Intershop can be found on the Web at www.intershop.com.

This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop's limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions.

Intershop Press Contact:
Dr. Ute Danz
Director Corporate Development
Tel: +49.3641.50-1000
pr@intershop.com

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