Berlin -design hotels AG (Regulated Market, Munich: LBA; ISIN: DE0005141006) was informed by the liquidator of AGK Niklas Ltd. that AGK Niklas Ltd. was deregistered from the commercial register in the UK. AGK Niklas Ltd. had asserted claims against design hotels AG for services in connection with the project "Dominican Republic" in 2001, for which design hotels AG still has liabilities in the balance sheet. Due to the deregistration of AGK Niklas Ltd., these claims have finally lapsed. design hotels AG will, therefore, cancel liabilities in the amount of Euro 271,443.20 from the books. This will produce an extraordinary result in the second quarter 2007 in the said amount. Further information: design hotels AG Schwarz Financial Communication Claus Sendlinger (CEO) Frank Schwarz Stralauer Allee 2c 10245 Berlin Tel. +49 (0)30 420 940-30 Tel. +49 (0)611 17453 9811 Fax +49 (0)30 259 330-17 Fax +49 (0)611 17453 9829 [email protected] [email protected] design hotels AG (formerly: lebensart global networks AG) is an integrated provider of communication and positioning services and acts as a consultant for individually managed hotels and small hotel groups. The service range of design hotels begins with the concept for a hotel. Clients of design hotels AG can choose from a modular service portfolio. With the brand design hotels(TM) the company currently represents and markets a unique collection of over 154 individual hotels in more than 40 countries. Through its marketing and communication activities design hotels AG forms the connection between the member hotel and a global clientele looking for self-determination and individuality. www.designhotels.com, ISIN : DE0005141006, Munich Stock Exchange (Regulated Market) --- End of Message --- design hotels AG Paul-Lincke-Ufer 20-22 Berlin Germany WKN: 514100; ISIN: DE0005141006; Listed: Freiverkehr in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin Bremen, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Geregelter Markt in Bayerische Börse München;