Burgenland Holding AG

Earnings Release • Feb 5, 2016

Interim Financial Report 2015/16 Q1 2015/16

1 October 2015 – 31 December 2015

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 2015, the diverging economic developments in Europe and the US continued. While economic data in the US improved, Europe remained stagnant. The tense geopolitical situation as well as the continuing crisis in Ukraine and the related sanctions on Russia are showing an effect. Accordingly, the central banks are pursuing different policies. While the US Federal Reserve (Fed) has already ended its stimulus programme (purchasing securities), the European Central Bank (ECB) is on the brink of buying government bonds of countries in distress in order to guarantee their solvency.

In spite of this challenging environment as a whole, international stock markets continued their positive momentum, with some of them reaching new all-time highs. This is especially true for the Dow Jones, which gained 4.6% from October to December 2015. The leading German DAX index rose 3.5% in the same period.

International developments also had a positive impact on Vienna's leading ATX index - this ultimately resulted in an increase by 7.5%. Within this environment, which was especially challenging for energy companies, the share price of Burgenland Holding AG managed to hold firm and stood at 51.01 euros as of December 31, 2015. This corresponds to a market capitalisation of 153 million euros. Daily trading volume averaged 14 shares during the reporting period, and the weighting of the share in Vienna's WBI index as of December 31, 2015 was 0.18%.

Stock performance		2014/15 Q1	2014/15 Q1
Average daily volume	Number	14	11
Total share volume	EURm	0.04	0.03
Highest price	EUR	52.00	49.80
Lowest price	EUR	51.00	44.51
Share price at the end of December	EUR	51.01	46.50
Market capitalisation at the end of December	EURm	153	140
WBI weighting at the end of December	%	0.18	0.18

Burgenland Holding AG Q1 2015/16

Highlights

• Recommendation to the Annual General Meeting: Distribution of a dividend of EUR 2.75 per share
• Result for the period on previous year's level
• Outlook 2015/16: Profit for the year expected to exceed last year's level

Burgenland Holding AG – Key figures	2015/16 Q1	2014/15	Change in %
Balance sheet total EURm	78.4	1) 78.5	–0.1
Equity EURm	78.4	1) 78.5	–0.1
Investment income EURm	0.0	1) 0.0	0.0
Result for the period EURm	–0.04	1) –0.04	0.0

1) As of 30 September 2015

2) Q1 2014/15

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 EUR –0.04m was at prior year's level.

Balance sheet and capital structure

As of 31 December 2015, the balance sheet total amounted to EUR 78.4m and was slightly below the balance sheet date level of 30 September 2015. The equity ratio stood at 99.9% as of the balance sheet date of 31 December 2015.

Outlook

The Management Board will recommend to the 27 th Annual General Meeting convening on 18 March 2016 the distribution of a dividend of EUR 2.75 per share for the 2014/15 business year (previous year: EUR 2.70 per share). This corresponds to a dividend of EUR 8.25m.

Based on the profit forecast of the associated company Energie Burgenland AG for 2014/15, investment income of Burgenland Holding AG for the 2015/16 business year is expected to exceed last year's levels.

Burgenland Holding AG

Corporate calendar1)

Annual General Meeting	18 March 2016
Ex-dividend day	23 March 2016
Record-Date2)	24 March 2016
Dividend payment	30 March 2016
Results HY1 2015/16	25 May 2016
Results Q1–3 2015/16	08 August 2016
Annual results 2015/16	15 December 2016

1) Preliminary.

2) The definition of the record date follows the EU definition; the entitlement for receiving the dividend payment is defined by the ex-dividend day.

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

Head of Investor Relations Alexander Sipek

Phone: +43 2236 200-12360 Fax: +43 2236 200-2030 E-mail: investor.relations@buho.at