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The Deutsche Fußball Liga GmbH (DFL) informed our company of its positive decision that Borussia Dortmund GmbH & Co. KGaA complies with all requirements in order to obtain a licence for the season 2016/2017 for participating in the 'Bundesliga'.

With regard to the economic capacity the license has been granted - as in the previous years - without conditions and/or orders.

Dortmund, April 19th, 2016

Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH

BV Borussia Dortmund GmbH & Co. KGaA issued this content on 19 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2016 08:55:22 UTC

Original Document: http://aktie.bvb.de/eng/IR-News/Corporate-News/Positive-decision-in-DFL-licensing-proceeding3