Ernst Russ AG

Earnings Release • Oct 10, 2008

News Details

Ad-hoc | 10 October 2008 20:25

HCI Capital AG: HCI Capital AG adjusts forecast for 2008 placements and earnings

HCI Capital AG / Profit Warning

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 (ISIN DE000A0D9Y97), the SDAX-listed independent issuing
house for closed-end funds, has reduced its
forecast for placements and earnings in the 2008 financial year. In view of
the serious further deterioration of the crisis affecting financial markets
over recent weeks, investors have adopted a very reluctant stance, and
placements have thus slowed down significantly.

Against this background, HCI Capital AG revised its previous sales forecast
of EUR 880 million in placed equity capital, and now envisages placements
to range between EUR 650 million to EUR 750 million. Accordingly, the
forecast result after taxes, which had been projected to break even due to
significant non-recurring charges, is now expected to show a loss between
EUR 9 million and EUR 13 million.

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

10.10.2008 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: hci@hci.de
Internet: www.hci.de
ISIN: DE000A0D9Y97
WKN: A0D9Y9
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Hannover, Stuttgart, München,
Düsseldorf

End of News DGAP News-Service

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