Sale of 8,820 shares

Date of Transaction: May 28th, 2012
Issuer: ad pepper media International N.V.
Person subject to registration: Viva Media Service GmbH
(Ulrich Schmidt, Member of the Board)
Transaction subject to registration: sale of 8,820 shares with a price of 1.05 EUR/share
Total volume: 9,253.59 EUR
Stock exchange: Xetra