Burgenland Holding AG

Earnings Release • Feb 8, 2018

Interim Financial Report Q1 2017/18 1 October 2017 – 31 December 2017

Energising Burgenland Burgenland Holding AG

Burgenland Holding AG holds 49% of the share capital of Energie Burgenland AG. The remaining 51% of the shares are held by Landesholding Burgenland GmbH. The share capital of Energie Burgenland AG amounts to EUR 34.9m.

The shares of Burgenland Holding AG (share capital: EUR 21.8m) are listed on the Official Market of the Vienna Stock Exchange under AT0000640552. EVN AG is the majority shareholder in Burgenland Holding AG and holds an unchanged stake of 73.63% of the share capital, with VERBUND AG holding more than 10% and WIEN ENERGIE GmbH holding between 5% and 10%. All other shareholders hold less than 4%.

The Burgenland Holding AG share

In the first quarter of 2017/18 (1 October to 31 December 2017) the Dow Jones Euro Stoxx Utilities industry index, relevant for Burgenland Holding AG, decreased 0.9%, while the leading Austrian stock index ATX rose 3.1

In the reporting period the share of Burgenland Holding AG closed at EUR 68.00, thus 8.1% below the corresponding period last year. This corresponds to a market capitalisation of EUR 204m. Daily trading volume averaged 47 shares during the reporting period, and the weighting of the share in Vienna's WBI index as of 31 December 2017 corresponded to 0.16%.

Stock performance		2017/18 Q1	2016/17 Q1
Average daily volume	Number	47	20
Total share volume	EURm	0.20	0.07
Highest price	EUR	75.00	58.00
Lowest price	EUR	68.00	53.00
Share price at the end of December	EUR	68.00	58.00
Market capitalisation at the end of December	EURm	204	174
WBI weighting at the end of December	%	0.16	0.18

Burgenland Holding AG Q1 2017/18

Highlights

• Proposal to the Annual General Meeting: dividend of EUR 3.45 per share
• Outlook 2017/18: Investment income is expected to decrease to a level of more than EUR 9m

Burgenland Holding AG – Key figures		2017/18 Q1	2016/17	Change in %
Balance sheet total	EURm	80.7	80.81)	–0.1
Equity	EURm	80.7	80.71)	–
Investment income	EURm	0.0	0.02)	–
Net income for the period	TEUR	–59.0	–40.72)	–45.0

1) As of 30 September 2017

2) Q1 2016/17

Income situation

Income from the associated company Energie Burgenland AG does not accrue to Burgenland Holding AG until the second quarter of each business year. Thus, no investment income was recorded in the reporting period.

In the first quarter of 2017/18 the net income for the period of Burgenland Holding AG amounted to TEUR –59.0 and was below prior year's level. This decline was due to increased other operating expenses and lower interest income than in the year before.

Balance sheet and capital structure

As of 31 December 2017, the balance sheet total amounted to EUR 80.7m and was almost at the same level as at the balance sheet date of 30 September 2017. The equity ratio stood at 99.97% as of the balance sheet date of 31 December 2017.

Outlook

The Management Board will recommend to the 29th Annual General Meeting convening on 16 March 2018 the distribution of a dividend of EUR 3.45 per share for the 2016/17 business year (previous year: EUR 3.15 per share). This corresponds to a dividend payment of EUR 10.35m.

The financial year 2016/17 of Burgenland Holding AG was positively influenced by the one-off increase in the dividend payout of Energie Burgenland AG by about 10% for the 2015/16 financial year. Investment income of Burgenland Holding AG for the 2017/18 financial year is expected to decline to a level of more than EUR 9m.

Burgenland Holding AG

Corporate calendar 2017/181)

Record date Annual General Meeting	06.03.2018
Annual General Meeting	16.03.2018
Ex-dividend day	22.03.2018
Record-date	23.03.2018
Dividend payment	29.03.2018
Results HY1 2017/18	30.05.2018
Results Q1–3 2017/18	09.08.2018
Annual results 2017/18	13.12.2018

1) Preliminary

Basic information

Share capital	EUR 21.81m
Denomination	3.0 million no-par bearer shares
Majority shareholder	EVN AG
Identification number (ISIN)	AT0000640552
Ticker symbols	BHAV.VI (Reuters); BURG AV (Bloomberg); AT; BHD (Dow Jones)
Stock exchange listing	Vienna

Imprint

Burgenland Holding AG

Technologiezentrum Marktstraße 3 A-7000 Eisenstadt Austria

Investor Relations Doris Lohwasser

Phone: +43 2236 200-12473 Fax: +43 2236 200-2030 investor.relations@buho.at www.buho.at