VERSATEL : publishes statement on voluntary public takeover offer from KKR

This press release and the information it contains is not intended for distribution to or within the United

States of America, Canada, Japan or Australia.

PRESS RELEASEVersatel publishes statement on voluntary public takeover offer from KKR

• Versatel Management Board and Supervisory Board welcome KKR offer

• €6.87 cash offer price per Versatel share considered to be fair

• Versatel recommends acceptance of offer

Düsseldorf, 4 July 2011: The Management Board and Supervisory Board of Versatel AG (“Versatel”) today published their joint statement on the voluntary public takeover offer submitted on 28 June 2011 by VictorianFibre Holding, a holding company controlled by funds advised by Kohlberg Kravis Roberts & Co L.P. (together with affiliates; “KKR”).

The Management Board and Supervisory Board of Versatel welcome the KKR takeover offer and conclude in their statement that the €6.87 cash offer price per Versatel share is fair from a financial point of view. This corresponds to a premium of approximately 25% to the price paid to Versatel’s main shareholders, Vienna II S.à r.l. i.L., a company advised by Apax Partners LLP, Cyrte Investments BV and United Internet AG. The two boards therefore recommend in their statement the acceptance of the offer by its shareholders.

The Management Board and Supervisory Board of Versatel welcome KKR’s communicated intention to support the implementation of the current corporate strategy as well as to build

an infrastructure-based market leader and preferred network partner focusing on the German wholesale and B2B telecommunications market. The Management Board and Supervisory

Board also support KKR’s plan to further consolidate and extend Versatel’s market position

as it expands its existing optical fibre network. The two boards also consider it positive that

Versatel is to continue operations as an independent company.

Additional information

The full supplementary joint statement by the Management Board and Supervisory Board of Versatel AG in accordance with Section 27 of the German Securities Acquisition and Takeover Act (WpÜG) will be available later today on the Versatel website at www.versatel.de/versatel-ag/ but only in the German language. The statement (only in the German language) may also be obtained free of charge at the address Niederkasseler Lohweg 181-183, 40547 Düsseldorf, Germany as well as by e-mail from [e-mail], as will be indicated in a notice in the German electronic federal gazette (Elektronischer Bundesanzeiger) on Tuesday, 5 July 2011.

Versatel AG notes that Versatel shareholders must each make their own decision whether to accept the takeover offer and, if so, for how many Versatel shares, giving account to all relevant circumstances and their personal assessment of the company’s future performance, stock market share price and the value of Versatel shares.

It is expressly noted that the information provided in this press release does not explain or supplement the information provided in the joint statement in accordance with Section 27 of the German Securities Acquisition and Takeover Act (WpÜG). Shareholders are

recommended to read the full joint statement by the Management Board and Supervisory

Board published in German language only.

Your contact:

Press:

Jana Wessel, Head of Communications

Telephone: [phone]; E-Mail: [e-mail]

Brunswick Group (for Versatel): Gundolf Moritz / Alexa von Wietzlow

Telephone: [phone]; E-Mail: [e-mail]

Investor Relations:

Andrea Winzen, Head of Investor Relations

Telephone: [phone]; E-Mail: [e-mail]

About Versatel

Versatel AG is a listed company (ffm: VTW) and one of the leading providers of telephone, Internet and data services for private and business customers on the German market. In the financial year 2010, the company achieved an overall turnover of 725 million euros. Thus, Versatel is the third largest alternative, infrastructure-based telecommunications provider in Germany. The company has a state-of-the-art, high-capacity optical fibre network of more than 45,000 kilometres.

Legal notice

This communication is not an offer of securities for sale in the United States. No securities of the Company have been nor will be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and no securities may be offered, sold or otherwise transferred in the United States absent registration or an exemption from registration under the Securities Act. There will be no public offering of securities in the United States.

This communication is directed only at persons who (i) are outside of the United Kingdom or (ii) have professional experience in matters relating to investments or (iii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc”) of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (all such persons together being referred to as “relevant persons”). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.