Intershop Communications AG | Press Release |

Intershop Communications AG: Applications to carry out special audit have been withdrawn from the agenda of the extraordinary general meeting

Jena, December 10, 2010 – The US majority shareholder GSI Commerce Solutions, Inc. and a group of shareholders seem to be nearing an agreement in the run-up to the extraordinary general meeting of Intershop Communications AG, which will be held on Tuesday, December 14, 2010.

Intershop has today received a declaration from GSI Commerce and Gerald Schröter, representative of a group of shareholders (including the HV-Initiative), that they are each withdrawing their applications to carry out a special audit from the agenda of the extraordinary general meeting. Additionally, GSI Commerce and the group of shareholders have agreed with Dr. Herbert May, the present Chairman of the Supervisory Board of Intershop Communications AG, on a joint candidate for election to the Supervisory Board.

The election of two new members of the Supervisory Board (TOP 1, first point on the agenda) is one of the points on the agenda of the upcoming extraordinary general meeting. According to the current record of shareholders, GSI Commerce Solutions, Inc. holds a share of around 27% and therefore the relevant simple majority of voting rights.

Click here to view the invitation and all other relevant documents for the extraordinary general meeting of Intershop Communications AG.

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About Intershop

Intershop Communications AG (founded in Germany 1992; Prime Standard: ISH2) is the leading independent provider of omni-channel commerce solutions. Intershop offers high-performance packaged software for internet sales, complemented by all necessary services. Intershop also acts as a business process outsourcing provider, covering all aspects of online retailing up to fulfillment. Around the globe more than 300 enterprise customers, including HP, BMW, Würth, and Deutsche Telekom run Intershop solutions. Intershop is headquartered in Jena, Germany, and has offices in the United States, Europe, Australia, and China. More information about Intershop can be found online 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 Public Relations

Heide Rausch

Head of Corporate Communication

Phone: +49 3641 50-1000
Fax: +49 3641 50-1309