Burgenland Holding AG

Quarterly Report • Aug 6, 2015

Interim Financial Report 2014/15

1 October 2014 – 30 June 2015

Energising the 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 34.88m.

The shares of Burgenland Holding AG (share capital: EUR 21.81m) are listed on the Official Market of the Vienna Stock Exchange unter AT0000640552. EVN AG is the majority shareholder in Burgenland Holding AG and holds a 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

Despite all discussions surrounding the crisis in Greece, the economic environments in the US and Europe are characterised by positive growth rates. As for the US economy, the first interest rate hike by the Fed is now expected for September 2015. By contrast, there is currently no end in sight to the ECB's expansive monetary policy. Against the backdrop of the yet again escalating conflict with regard to Greece, the unresolved military confrontation in Ukraine, and the general geopolitical situation in the weeks leading up to the end of the reporting period, the international stock markets were unable to hold on to the all-time highs they had reached earlier.

In a market situation that remains difficult for an energy company, the share of Burgenland Holding AG rose 15.2% in the reporting period and stood at 50.01 euros as of June 30, 2015. This corresponds to a market capitalisation of 150 million euros. Daily trading volume averaged 26 shares during the reporting period, and the weighting of the share in Vienna's WBI index as of June 30, 2015 was at 0.17%.

Vienna's leading ATX index performed quite favourably in the last nine months, recording an increase of 9.4%; the Dow Jones Euro Stoxx Utilities industry index, relevant for Burgenland Holding AG, dropped 7.5% in the reporting period.

Stock performance		2014/15 Q1-3	2013/14 Q1-3
Average daily volume	Number	26	32
Total share volume	EURm	0.24	0.25
Highest price	EUR	60.00	49.59
Lowest price	EUR	44.51	37.01
Share price at the end of June	EUR	50.01	43.40
Market capitalisation at the end of June	EURm	150	130
WBI weighting at the end of June	%	0.17	0.15

Burgenland Holding AG Q1-3 2014/15

Highlights

• Dividend payout of Energie Burgenland AG at last year's level
• Result for the period slightly higher at EUR 8.3m
• Outlook 2014/15: Profit for the year expected to be slightly above last year's level

Burgenland Holding AG – Key figures		2014/15 Q1-3	2013/14	Change in %
Balance sheet total	EURm	78.4	1) 78.3	0.1
Equity	EURm	78.4	1) 78.3	0.1
Investment income	EURm	8.4	8.42)	-
Result for the period	EURm	8.3	8.22)	1.2

1) As of 30 September 2014

2) Q1-3 2013/14

Income situation

Investment income for the first three quarters of 2014/15 amounted to EUR 8.4m. The unchanged dividend payout of Energie Burgenland AG and a rise in the payout of CEESEG AG to EUR 0.1m led to a moderate increase compared to last year.

Balance sheet and capital structure

The 26th Annual General Meeting on March 20, 2015, resolved the distribution of a dividend of EUR 2.70 per share (last year: EUR 2.70 per share) for the 2013/14 business year; this corresponds to a payout of EUR 8.1m.

As of June 30, 2015, the balance sheet total amounted to EUR 78.4m, thus slightly above the corresponding figure as of the balance sheet date of September 30, 2014. This development can mostly be attributed to a small increase in receivables due from associated companies, which are fully made up by investments of liquid short-term funds. The equity ratio remained unchanged at almost 100% as of June 30, 2015.

Outlook

Due to the fact that the dividend payouts of Energie Burgenland AG and CEESEG AG from their respective net profits have already been accounted for, no major changes are expected for the 2014/15 business year after the first nine months of 2014/15. The result for the current business year is expected to be slightly above that of last year.

Burgenland Holding AG

Corporate calendar1)

Annual results 2014/15	10 December 2015
Results Q1 2015/16	05 February 2016
Annual General Meeting	18 March 2016
Ex-dividend day	23 March 2016
Record Date	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.

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