Deutsche Telekom subsidiary purchases stock in private placement by Locanis

Client(s) Deutsche Telekom AG

Jones Day advised Deutsche Telekom AG in connection with the purchase by T-Systems Venture Fund of stock in a private placement by Locanis AG, a provider of system solutions for process optimization and product tracking in the field of warehouse logistics. T-Systems Venture Fund is managed by T-Venture Holding GmbH and both are subsidiaries of Deutsche Telekom AG, an integrated telecommunications provider offering its customers around the world a portfolio of services in the areas of telecommunications and information technology and the largest telecommunications company in Europe.