iesy Repository GmbH - Irish Stock Exchange

Term Sheet Service Duration
Co-use of cable ducts Usage of cable ducts Unlimited €14.7 million; price
within DTAG’s conduit
fixed until December
system for existing
31, 2006, thereafter
broadband cable lines
increases based on
(approximately 10% of
iesy’s co-axial cable is
located in cable ducts
leased from DTAG
under this Term Sheet;
the remainder is directly
buried underground).
actual cost.
162
Approximate annual
cost (based on 2003
figures, unless
otherwise stated) Termination rights
iesy can terminate the
Term Sheet upon 24
months notice to the end
of a calendar year. iesy
can also partially
terminate the Term Sheet
upon 24 months notice
period after January 1,
2005. DTAG cannot
terminate the Term Sheet
unless for good cause
(wichtiger Grund). If
DTAG ceases to use part
of the conduit system it
can terminate with a 12
month notice period. In
such a case DTAG must
offer iesy the conduits for
sale, provided such
conduits are owned by
DTAG. Otherwise,
DTAG must use
reasonable efforts to
provide iesy with a
replacement duct.