On October 1, 2007, Deutsche Telekom AG (NYSE: DT) announced that it has
been notified of an unsolicited 'mini-tender offer' dated September 19,
2007, made by TRC Capital Corporation, a private Canadian company, to
purchase an aggregate of up to 3,000,000 American Depositary Shares (ADS)
(approximately 0.07% of the outstanding ordinary shares and 1.5% of
outstanding ADS) of Deutsche Telekom AG at a price of US$18.85 per ADS
(which represents a 2.8% discount below the closing price on the New York
Stock Exchange (NYSE) on September 19, 2007). Deutsche Telekom expresses no
opinion and remains neutral with respect to this mini-tender offer.
Deutsche Telekom urges shareholders to exercise caution in connection with
this unsolicited offer since mini-tender offers do not provide the same
disclosure and procedural protection of larger, more traditional tender
offers, and to review the advisory statements of the Securities and
Exchange Commission, the NYSE and the Canadian Securities Administrators as
referenced in the press release. The press release, a copy of which is
filed as Exhibit 99.1 to this Report, is incorporated herein.
Exhibit Index
99.1 Press Release dated October 1, 2007 relating to 'mini-tender offer'
for ADS.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
DEUTSCHE TELEKOM AG
By: /s/ Guido Kerkhoff
Name: Guido Kerkhoff
Title: Senior Executive Vice President
Chief Accounting Officer
Date: October 1, 2007
Exhibit 99.1
Press Release
Bonn, October 1, 2007
Deutsche Telekom receives notice of 'mini-tender offer'
____________________________________________________________
Deutsche Telekom AG (NYSE: DT) announced today that it has been notified of
an unsolicited 'mini-tender offer' dated pinion
and remain neutral with respect to this mini-tender offer. We urge
shareholders to consult their financial advisors, obtain current market
quotes for their securities, make informed investment decisions and
exercise caution in connection with this unsolicited offer. Since
mini-tender offers do not provide the same disclosure and procedural
protection of larger, more traditional tender offers, we encourage
shareholders to review the advisory statement of the Securities and
Exchange Commission (http://www.sec.gov/investor/pubs/minitend.htm) and the
Information Memo Number 01-27 issued by the New York Stock Exchange on
Sept. 28, 2001, regarding the dissemination of mini-tender offer materials,
which can be found under the 'Market Professional - Information Memos' tab
on the NYSE's website at www.nyse.com.
The Canadian Securities Administrators have also issued an advisory
entitled 'Mini-Tender Offers - Watch Out For Mini-Tender Offers Below
Market Price!,' which may be found at
www.osc.gov.on.ca/Media/NewsReleases/1999/nr_19990927_mini.jsp.
According to the SEC's advisory statement, 'mini-tender' offers - tender
offers for less than five percent of a company's stock - have been
increas?ingly used to catch investors off guard and surrender their
securities without investigating the offer, assuming that the price offered
includes the pre?mium, which it typically does not. Additionally, the SEC
cautions that many mini-tender offers do not allow for withdrawal from the
offer once accepted. We direct shareholders' attention to the full texts of
these advisories, which provide useful information and warnings about the
risks associated with mini-tender offers.
Forward-looking statements
This press release contains forward-looking statements that reflect the
current views of Deutsche Telekom's management with respect to future
events. They are generally identified by the words 'expect,' 'anticipate,'
'believe,' 'intend,' 'estimate,' 'aim,' 'goal,' 'plan,' 'will,' 'seek,'
'outlook' or similar expressions and include generally any information that
relates to expectations or targets for financial or other performance
measures. Forward-looking statements are based on current plans, estimates
and projections. You should consider them with caution. Such statements are
subject to risks and un?certainties, most of which are difficult to predict
and are generally beyond Deutsche Telekom's control, including those
described in the sections 'For?ward-Looking Statements' and 'Risk Factors'
of the Deutsche Telekom´s Form 20-F filed with the U.S. Securities and
Exchange Commission. Among the relevant factors are the impact of other
significant strate?gic or business initiatives, including acquisitions,
dispositions and business combi?nations and cost saving initiatives that
may have a material adverse effect on costs and revenue development. If
these or other risks and uncertainties materialize, or if the assumptions
underlying any of these statements prove incorrect, Deutsche Telekom's
actual results may be materially different from those expressed or im?plied
by such statements. Deutsche Telekom can offer no assurance that its
ex?pectations or targets will be achieved. Deutsche Telekom does not assume
any obligation to update forward-looking statements to take new information
or future events into account or otherwise.
91/07'
01.10.2007 Finanznachrichten übermittelt durch die DGAP
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Sprache: Deutsch
Emittent: Deutsche Telekom AG
Friedrich Ebert Allee 140