DGAP-Ad hoc: WIGE MEDIA AG

DGAP-Adhoc: _wige MEDIA AG to partner Alibaba Sports Group

_wige MEDIA AG / Key word(s): Alliance

24.02.2016 13:42

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Ad-hoc announcement of 24 February 2016 pursuant to Section 15 of the German Securities Trading Act (WpHG) _wige MEDIA AG, ISIN: DE000A1EMG56 / WKN: A1EMG5

_wige MEDIA AG to partner Alibaba Sports Group

Cologne, 24 February 2016 _wige MEDIA AG and the Alibaba Sports Group, a subsidiary of the leading e-commerce company in China, have today signed a cooperation agreement. This cooperation will enable _wige MEDIA AG to considerably accelerate its internationalisation and digitalisation strategy. The partnership covers the motorsports sector, video transmission technology for sport arenas and remote production. Specifically, the partners will organize, produce and market sport events as part of their cooperation, initially in the core segment of motorsports. Another important additional component of the agreement is the equipping of sports venues in China with innovative digital video technology and marketing content in media channels, also in the partners' own sports media. Alibaba Sports strives to create a completely new experience of sport through its intelligent stadiums: amateur athletes are also to receive their own data and moving image productions, which will enable them to improve their abilities. Alibaba Sports intends to use _wige's competences for this purpose.

Company contact:

_wige MEDIA AG Am Coloneum 2 50829 Köln Germany www.wige.de Tel: +49 [0] 221_7 88 77_ 0 Fax: +49 [0] 221_7 88 77_ 199 Email: info@wige.de

Investor Relations: BSK Becker+Schreiner Kommunikation GmbH Tobias M. Weitzel Tel.: +49 [0] 2154_ 81 22 16 Email: weitzel@kommunikation-bsk.de

24.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: _wige MEDIA AG Am Coloneum 2 50829 Köln Germany Phone: +49 (0)221 7 88 77 0 Fax: +49 (0)221 7 88 77 199 E-mail: info@wige.de Internet: www.wige.de ISIN: DE000A1EMG56 WKN: A1EMG5 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------