06.06.2008 – 16:50

Zapf Creation AG

euro adhoc: Zapf Creation AG
Directors' Dealings Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG

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  Notification concerning transactions by persons discharging managerial
  responsibilities pursuant to section 15a of the WpHG, transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is responsible
  for the content of this announcement.
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05.06.2008

OTC (euro adhoc) - Details of the person subject to the disclosure requirement:

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Name:              Isaac and Angela Larian Living Trust

Reason for the disclosure requirement:

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Reason:            Legal person, company or institution closely associated
Relationship:      To a person performing managerial responsibilities

Person performing managerial responsibilities, triggering the disclosure
requirement:

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Position:          Member of an administrative or supervisory body

Details of the transaction:
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Description of financial instrument: Share
ISIN:                DE000A0V9MG2
Type of transaction: Subscription of shares from capital increase against
                   in-kind contributions
Date:                05.06.2008
No of items:         238936
Currency:            Euro
Price:               3.86000
Total amount traded: 922,292.96
Place:               OTC
Explanation:

Further inquiry note:
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Katrin Kühnel

Telefon: +49 (0)9563-7251-513
E-Mail:  katrin.kuehnel@zapf-creation.de

Issuer subject to the publication requirement:
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end of announcement                               euro adhoc
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Further inquiry note:

Branche: Consumer Goods
ISIN: DE0007806002
WKN: 780600
Index: MDAX, CDAX, Classic All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

Original content of: Zapf Creation AG, transmitted by news aktuell