Burgenland Holding AG

Earnings Release • Aug 8, 2013

Interim Report

Q1–3 2012/13 October 1st, 2012 – June 30th, 2013

Energising the Burgenland Burgenland Holding AG

Burgenland Holding AG holds 49% of the share capital of Energie Burgenland AG, which resulted retroactively as of September 30th, 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

Following the steady rise of the stock markets, with some indices recording all-time highs by mid-May, there have since been – partly significant – corrections and increased volatilities.

In recent weeks, the markets were unsettled by statements made by the Fed with regard to an impending reduction of support measures on the one hand. On the other, the difficult bail-out of Cyprus and the government crisis in Portugal contributed to this development. In early May, the European Central Bank lowered its benchmark interest rate by 25 basis points to 0.5%.

Given the still very challenging situation, the stock markets performed very well overall in the first three quarters of 2012/13. The leading German DAX index rose 10.3% from October 2012 to June 2013, with Vienna's leading ATX index managing an increase of 6.4%.

The shares of Burgenland Holding AG closed the third quarter of the 2012/13 business year at a price of EUR 40.75, which corresponds to a market capitalisation of EUR 122m and an increase in the share price of 19.9% compared to the last trading day of September 2012.

Thus, the shares of Burgenland Holding AG once again bucked the trend of the Dow Jones Euro Stoxx Utilities industry index, which lost 9.5% due to the persistent economic uncertainty and low electricity prices.

The trading volume at the Vienna Stock Exchange during the reporting period amounted to EUR 0.20m. As of June 30th, 2013, the weighting of the shares of Burgenland Holding AG in Vienna's WBI index was 0.16%.

Stock performance		2012/13 Q1–3	2011/12 Q1–3
Average daily volume	Number	29	25
Total share volume	EURm	0.20	0.16
Highest price	EUR	41.90	41.00
Lowest price	EUR	32.50	29.03
Share price at the end of June	EUR	40.75	32.00
Market capitalisation at the end of June	EURm	122	96
WBI weighting at the end of June	%	0.16	0.14

Burgenland Holding AG Q1–3 2012/13

Highlights

• Increase in investment income by 29.2% due to increased dividend payout by Energie Burgenland AG
• Result for the period 30.2% above last year's level
• Outlook: profit for the 2012/13 business year expected to be higher than last year's

Burgenland Holding AG – Key figures		2012/13 Q1–3	2011/12	Change in %
Investment income	EURm	8.4	6.51)	29.2
Result for the period	EURm	8.2	6.31)	30.2
Equity	EURm	78.2	76.42)	2.4
Balance sheet total	EURm	78.2	76.62)	2.1

1) Q1–3 2011/12.

2) As of September 30th, 2012.

Income situation

In the first three quarters of 2012/13, investment income amounted to EUR 8.4m, an increase of 29.2% compared to the corresponding period last year. This development was mostly due to the significant increase in the dividend payout of Energie Burgenland AG for the 2011/12 business year.

The result for the period increased by 30.2% in the reporting period, to EUR 8.2m. Apart from the rise in investment income, the main reasons for the increase were a decrease in other operating expenses compared to last year as well as lower interest rates.

Balance sheet and capital structure

As of June 30th, 2013, the balance sheet total amounted to EUR 78.2m, thus 2.4% above the corresponding figure at the most recent balance sheet date of September 30th, 2012. This is due to the fact that the dividends from Energie Burgenland AG had already been received as of that date. As of the reporting date of June 30th, 2013, the equity ratio stood at almost 100%.

Outlook

Due to the fact that the dividends from Energie Burgenland AG from its net profits for the 2011/12 business year have already been accounted for, no major changes in the result are to be expected for the 2012/13 business year after the first three quarters of 2012/13.

Burgenland Holding AG

Corporate calendar1)

Annual results 2012/13	December 12th, 2013
Results Q1 2013/14	February 6th, 2014
Annual General Meeting	March 21st, 2014
Ex-dividend day	March 27th, 2014
Dividend payment	April 4th, 2014
Results HY1 2013/14	May 28th, 2014
Results Q1–3 2013/14	August 7th, 2014
Annual results 2013/14	December 11th, 2014

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 200-24186 Fax: +43 2236 200-2030 E-mail: investor.relations@buho.at