Sporttotal AG

Earnings Release • Nov 19, 2007

News Details

Ad-hoc | 19 November 2007 18:42

Breakeven result not possible for 2007 due to external influences

WIGE MEDIA AG / Profit Warning

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

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WIGE MEDIA AG, ISIN: DE0006347701

• Breakeven result not possible for 2007 due to external influences

Cologne, 19 November 2007: WIGE MEDIA AG (SCN: 634770) has revised its
forecast for 2007 as a whole of breaking even before taxes (EBT). As a
result of evident, external factors, sales losses of around €3.5 million
are now anticipated for the fourth quarter. Accordingly, in this year of
transition to the new strategic orientation, the fourth quarter will not
continue the operational successes of the first two quarters of 2007. The
reasons behind these developments are external factors that lie beyond the
sphere of influence of WIGE MEDIA AG. These include the cancellation of an
international racing series by the event's organiser and uncertainty
regarding transmission rights to major winter sports events. The expansion
of our subsidiary SAMIPA MEDIA S.A. in Monaco is also progressing more
slowly than planned. In line with this, sales and earnings performance are
falling short of expectations. Appropriate organisational and human
resources measures have been taken.

Owing to the corresponding lead times required in the acquisition of new
projects, it will not be possible to make up this sales decline. In
addition, the Group's current fixed cost structure with the production
capacity reserved for the productions mentioned above will bring pressure
to bear on earnings in the fourth quarter of the current financial year
following the cancellation of those projects. The Executive Board is now
forecasting a low, seven-figure loss (euro) for the year as a whole.

Despite the extraordinary earnings losses, the measures taken as part of
the reorientation of WIGE MEDIA AG will still be systematically implemented
in future and supplemented by further packages of measures by the end of
2008.

The Executive Board

About WIGE MEDIA AG:

WIGE MEDIA AG is a globally active media service company and provides
services and solutions along the value chain for TV and film productions.
The business segments of the leading full service provider for sports and
event productions include Outside Broadcasts, TV & Film Production, Post
Production, TV Marketing, Rental Services, Data and Results Services,
Events & Incentives and last but not least comprehensive Media Consultancy
Services. Thanks to this extensive portfolio of services, the Company,
founded in 1978, can guarantee its unique position in Germany and Europe.
The Company has been headquartered in Cologne and listed on the stock
market since 2000.

WIGE MEDIA AG

Am Coloneum 2
50829 Köln
www.wige.de

Tel: +49 [0] 221_7 88 77_ 140
Fax: +49 [0] 221_7 88 77_ 189
info@wige.de

Agency contact:

GFEI mbH
Hamburger Allee 26-28
60486 Frankfurt am Main

Tel : +49 [0] 69_74 30 37_00
Fax: +49 [0] 69_74 30 37_22
wige-media@gfei.de

19.11.2007 Financial News transmitted by DGAP

Language: English
Issuer: WIGE MEDIA AG
Am Coloneum 2
50829 Köln
Deutschland
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail: info@wige.de
Internet: www.wige.de
ISIN: DE0006347701
WKN: 634770
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart

End of News DGAP News-Service

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