Burgenland Holding AG

Earnings Release • Feb 7, 2017

Interim Financial Report 2016/17 Q1 2016/17

1 October 2016 – 31 December 2016

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 Burgenländische Landesholding GmbH. The share capital of Energie Burgenland AG amounts to EUR 34.9m.

The shares of Burgenland Holding AG (share capital: EUR 21.81m) 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 reporting period from October to December 2016, the Dow Jones Euro Stoxx Utilities industry index, relevant for Burgenland Holding AG, decreased 2.8%, while the leading Austrian stock index ATX rose 8.9%

The share of Burgenland Holding AG closed at EUR 58.00, thus 3.6% higher than compared to the corresponding period last year. This corresponds to a market capitalisation of EUR 174m. Daily trading volume averaged 20 shares during the reporting period, and the weighting of the share in Vienna's WBI index as of 31 December 2016 was 0.18%.

Stock performance		2016/17 Q1	2015/16 Q1
Average daily volume	Number	20	14
Total share volume	EURm	0.07	0.04
Highest price	EUR	58.00	52.00
Lowest price	EUR	53.00	51.00
Share price at the end of December	EUR	58.00	51.01
Market capitalisation at the end of December	EURm	174	153
WBI weighting at the end of December	%	0.18	0.18

Burgenland Holding AG Q1 2016/17

Highlights

• Recommendation to the Annual General Meeting: Distribution of a dividend of EUR 3.15 per share
• Result for the period remained at previous year's level
• Outlook 2016/17: Profit for the year expected to significantly exceed last year's level

Burgenland Holding AG – Key figures		2016/17 Q1	2015/16	Change in %
Balance sheet total	EURm	79.7	79.81)	–0.1
Equity	EURm	79.7	79.71)	–0.0
Investment income	EURm	0.0	0.02)	–
Result for the period	TEUR	–40,7	–36,02)	–13.1

1) As of 30 September 2016

2) Q1 2015/16

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. The result for the period of Burgenland Holding AG amounted TEUR –40.7 and was at prior year's level.

Balance sheet and capital structure

As of 31 December 2016, the balance sheet total amounted to EUR 79.7m and was slightly below the balance sheet date level of 30 September 2016. The equity ratio stood at 99.98% as of the balance sheet date of 31 December 2016.

Outlook

The Management Board will recommend to the 28th Annual General Meeting convening on 17 March 2017 the distribution of a dividend of EUR 3.15 per share for the 2015/16 business year (previous year: EUR 2.75 per share). This corresponds to a dividend payment of EUR 9.45m.

Due to the announced recommendation of a one-time increase of dividend of Energie Burgenland AG for the financial year 2015/16 by approximately 10%, investment income of Burgenland Holding AG for the 2016/17 business year is expected to significantly exceed last year's levels. For subsequent years, it is expected that Energie Burgenland AG intends to recommend dividend payments (if any) at historic levels.

Burgenland Holding AG

Corporate calendar1)

Annual General Meeting	17.03.2017
Ex-dividend day	23.03.2017
Record date	24.03.2017
Dividend payment	30.03.2017
Results HY1 2016/17	24.05.2017
Results Q1–3 2016/17	08.08.2017
Annual results 2016/17	14.12.2017

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 E-mail: investor.relations@buho.at