THE SALE OF DRÁVANET TO DUNAKANYAR HOLDING

September 2007, Budapest

Drávanet Zrt, a leading internet service provider in Baranya County, was purchased by Dunakanyar Holding Kft a leading cable tv operator and ISP in Central Hungary. Drávanet renders broadband internet access services.By taking over Drávanet, Dunakanyar acuired 3.000 clients and annual sales of EUR 1.4m in Southwest Hungary.

IMAP MB Partners advised the sellers in this transaction.