Burgenland Holding AG

Earnings Release • Aug 7, 2014

Interim Financial Report 2013/14

1 October 2013 – 30 June 2014

Energising the Burgenland Burgenland Holding AG

Burgenland Holding AG holds 49% of the share capital of Energie Burgenland AG, which resulted retroactively as of 30 September 2011 from the merger of BEGAS Energie AG (BEGAS) into Burgenländische Elektrizitätswirtschafts-AG (BEWAG) at the end of June 2012. 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

The development of the major stock market indices in the reporting period from 1 October 2013, to 30 June 2014, can be considered positive. Both the German and the American indices climbed to record highs in the last few months. In the end, the leading German DAX index, which had briefly broken through the 10,000 barrier, gained 14.4%, with the American Dow Jones rising 11.2%.

This was supported by the favourable economic development in Europe and the US, which is also suggested by the persistently positive tendency of many leading indicators. The economic recovery in Europe can be noticed not only in the core countries, but applies to most of the peripheral countries, as well; this also becomes visible in the successful return to the capital market of Ireland, Spain, Portugal and, most recently, Greece. The two leading central banks, the FED and the ECB, are currently pursuing different approaches. While the FED, contingent on the US economy recovering further according to expectations, will end its bond purchase scheme and is considering raising its benchmark interest rate in the next few quarters, the European Central Bank is maintaining its expansive policy.

In a market situation that remains difficult for an energy company, the share of Burgenland Holding AG rose 10.7% in the reporting period and stood at 43.40 euros as of 30 June 2014. This corresponds to a market capitalisation of EUR 130m. Daily trading volume averaged 32 shares during the reporting period. As of 30 June 2014, the weighting of the share in Vienna's WBI index was unchanged at 0.15 %.

Vienna's leading ATX index edged up 0.7% in the reporting period from 1 October 2013 to 30 June 2014 as the Dow Jones Euro Stoxx Utilities industry index, relevant for Burgenland Holding AG, rose 23.6%.

Stock performance		2013/14 Q1-3	2012/13 Q1-3
Average daily volume	Number	32	29
Total share volume	EURm	0.25	0.20
Highest price	EUR	49.59	41.90
Lowest price	EUR	37.01	32.50
Share price at the end of June	EUR	43.40	40.75
Market capitalisation at the end of June	EURm	130	122
WBI weighting at the end of June	%	0.15	0.16

Burgenland Holding AG Q1-3 2013/14

Highlights

• Investment income stable at high level
• Result for the period of EUR 8.2m also unchanged from last year
• Outlook 2013/14: Profit for the year expected to remain stable at last year's levels.

Burgenland Holding AG – Key figures		2013/14 Q1-3	2012/13	Change in %
Balance sheet total	EURm	78.3	78.11)	0.3
Equity	EURm	78.3	78.11)	0.3
Investment income	EURm	8.4	8.42)	-
Result for the period	EURm	8.2	8.22)	-

1) As of 30 September 2013

2) Q1-3 2012/13

Income situation

At EUR 8.4m, investment income for the first three quarters of 2013/14 was at last year's levels. This is due to the unchanged dividend payout of Energie Burgenland AG for the 2012/13 and CEESEG AG for the 2013 business year.

Balance sheet and capital structure

The 25th Annual General Meeting on 21 March 2014, resolved the distribution of a dividend of EUR 2.70 per share (last year: EUR 2.15 per share) for the 2012/13 business year; this corresponds to a payout of EUR 8.1m.

As of 30 June 2014, the balance sheet total amounted to EUR 78.3m, thus slightly above the corresponding figure as of the balance sheet date of 30 September 2013. This development can be attributed to the largest part 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 100% as of 30 June 2014.

Outlook

Due to the fact that the dividend payout of Energie Burgenland AG from its net profits for 2012/13 has already been accounted for, no major changes are expected for the 2013/14 business year after the first three quarters of 2013/14.

Burgenland Holding AG

Corporate calendar1)

Annual results 2013/14	11 December 2014
Results Q1 2014/15	05 February 2015
Annual General Meeting	20 March 2015
Ex-dividend day	27 March 2015
Dividend payment	02 April 2015
Results HY1 2014/15	28 May 2015
Results Q1–3 2014/15	06 August 2015
Annual results 2014/15	10 December 2015

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 Alexander Sipek

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