Ernst Russ AG

Earnings Release • Aug 28, 2009

News Details

Ad-hoc | 28 August 2009 19:58

HCI Capital AG – Half-yearly result weaker in 2009 than in 2008 – Successes in restructuring talks

HCI Capital AG / Half Year Results/Restructure of Company

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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HCI Capital AG will report in its half-yearly financial statements for 2009
a significantly lower consolidated first-half result after taxes than in
2008.
Due mainly to market-related value adjustments on a number of investments
and receivables the consolidated result after taxes for the first half of
2009 is approximately EUR -36.1 million. In the first half of 2008 the
consolidated result after taxes was about EUR -18.5 million.
At the same time HCI Capital AG has today succeeded in renewing important
financing agreements and in negotiating with its principal creditors a
comprehensive, multi-stage restructuring concept. The objective is an
exemption of the HCI Group from all of its major contingent liabilities to
banks. It is subject, among other things, to all of the banks affected
agreeing to the terms.

HCI Capital AG is publishing its half-yearly financial report 2009 in full
today as announced.

Contact:
HCI Capital AG
Dr. Olaf Streuer
Leiter Investor Relations
Tel: +49 40 88 88 1 125
olaf.streuer@hci-capital.de

28.08.2009 Financial News transmitted by DGAP

Language: English
Issuer: HCI Capital AG
Bleichenbrücke 10
20354 Hamburg
Deutschland
Phone: +49 (0)40 88881-0
Fax: +49 (0)40 88881-199
E-mail: ir@hci-capital.de
Internet: www.hci-capital.de
ISIN: DE000A0D9Y97
WKN: A0D9Y9
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, München, Hannover, Düsseldorf,
Stuttgart

End of News DGAP News-Service

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