artnet AG; Cooperation Between Artnet AG And The Federal Association Of German Galleries And Editions (BVDG)

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Cologne/Berlin, October 28, 2008 - artnet AG and the Federal Association of German Galleries and Editions (BVDG) are pleased to announce their collaboration.

As an information service provider for the international art trade, artnet offers the most extensive survey of the worldwide art market and enables art experts and enthusiasts to find and evaluate art quickly and easily. The BVDG represents the legal, commercial and cultural interests of German gallery owners and art publishers in public and on a political scale. It offers an array of services to its members, providing them with the information necessary to gain a broad overview of German art galleries and their work.

Offering several comprehensive databases, precise information about artists and their oeuvres, and up-to-date analyses of art market trends, artnet is a vital tool within the professional art market. More and more market participants are conducting online research before they close a deal. The ability to obtain relevant information online allows one to more securely and reliably navigate the art market. Galleries benefit from the exposure that an online platform provides, as they are able to inform an international audience of their artists and programs. Young galleries are given the opportunity to present their program to an optimal market environment.

Klaus Gerrit Friese, CEO of BVDG is pleased about the cooperation with artnet: "The collaboration enables the BVDG to offer a special package of artnet's services to its members. The two partners both have years of valuable experience within the art market and its structures, and both aim to optimise the market participants' status and presence." Future improvements to the German fine art market are planned, as well.

Thomas Eller, former Executive Manager of artnet AG and newly appointed CEO and AD of Berlin's soon-to-be-opened temporary art gallery, is also very pleased about this cooperation. He was a leading force behind this project, and says of the collaboration, "Galleries are one of artnet's most important partners in so far as they represent the huge spectrum of the art market. They are laboratories in which future art is created. We are pleased to support such an endeavour. "

About artnet: artnet has been online since 1995 and is host to over 2,000,000 visitors each month. Through its Price Database of over 3.7 million auction sales results and its Gallery Network of over 2,200 galleries worldwide, artnet is the leading online resource for the international art market. artnet Magazine is the first and only daily online art magazine covering all aspects of the art market and up-to-the-minute news from international galleries, museums, auction houses and art fairs.

For further information: Sonja Neuber Mauerstr. 83/84 10117 Berlin Telephone: 030-20917855 www.artnet.de www.artnet.com www.artnet.fr info@artnet.de

WKN: 690950; ISIN: DE0006909500; AYD Index: CDAX, Classic All Shares, Prime All Share; Geregelter Markt in Frankfurt, Frankfurter Wertpapierbörse, Prime Standard

About the BVDG:

The Federal Association of German Galleries and Editions was founded in 1975. With its approximately 350 members, it is the largest European art dealers association. The BVDG represents the legal, commercial and cultural interests of German gallery owners and art publishers in public and on a political scale. Annually, it awards a prize for art mediation and an artist's prize. For decades, it organizes a government-funded support program for young artists at a renowned art fair. With its extensive network and due to diverse instruments, the BVDG is able to offer its members versatile information and practical services (www.bvdg.de).

For further information: Bundesverband Deutscher Galerien und Editionen Birgit Maria Sturm Dr. Klaus Lange Obenmarspforten 7 - 11 50667 Cologne Telephone: 0221-277499-0 www.bvdg.de info@bvdg.de

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WKN: 690950; ISIN: DE0006909500; Index: CDAX, CLASSIC All Share, Prime All Share; Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse;



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