MPC Münchmeyer Petersen Capital AG

Earnings Release • Aug 1, 2007

News Details

Corporate | 1 August 2007 07:29

MPC Münchmeyer Petersen Capital AG:

MPC Münchmeyer Petersen Capital AG / Half Year Results

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MPC Capital AG reports continued placement activity for H1 2007

• Sales slightly up on previous year
• Net profit climbs 22%
• More concrete guidance for 2007

Hamburg, August 1, 2007 – MPC Münchmeyer Petersen Capital AG, the
SDAX-listed asset manager, maintained the level of placements of the first
three months also in the second quarter thanks to ongoing product
availability. Between April and June 2007, the company raised EUR 225
million in equity (Q1: EUR 228 million). At EUR 453 million, equity placed
from January to June 2007 was down 8% on the same period of the previous
year (EUR 493 million), which was attributable to the excellent second
quarter of 2006. First-half sales were up 2% on the previous year’s EUR
91.7 million to EUR 93.5 million. Earnings before interest and tax (EBIT)
climbed 19% from EUR 21.9 million to EUR 26.0 million. At EUR 20.3 million
consolidated net profit for the period after minority interests was up 22%
on the previous year‘s EUR 16.6 million. This is equivalent to earnings per
share of EUR 1.92 (EUR 1.57 in the previous year). In the first six months
of 2007, the MPC Capital Group employed an average of 298 people (previous
year: 252).

The Management Board has issued more concrete guidance for the current
fiscal year. In view of the high product availability for the second half
of the year, especially for ship investments, life insurance funds and
opportunity funds, and the ongoing good demand for attractive capital
investments, the Management Board projects a placement volume of up to EUR
1.1 billion for the current fiscal year (formerly EUR 920 million to EUR
1.14 billion). Accordingly, the Management Board expects a net income of up
to EUR 45 million (formerly approx. EUR 40 million). The Board intends to
maintain its shareholder-friendly dividend policy.

'Besides continued placement activity, MPC Capital has initiated a number
of important steps for the future. We have refined existing product lines,
launched new product ideas such as an exploration oil drilling rig and
prepared the entry into investments for institutional investors. While
these activities will not take full effect on our operations before 2008,
investors can expect our large product portfolio to generate stable margins
and a very good result at the upper end of our guidance already in 2007.
Thanks to our shareholder-friendly dividend policy, our shareholders will
get a direct benefit,' said Dr. Axel Schroeder, CEO of MPC Capital AG.

The first half at a glance

In TEUR 1.1.–30.06.07 1.1.–30.00.06+/-
Sales 93,481 91,719 + 2%
EBIT 26,006 21,875 + 19%
Consolidated net profit for the periodafter 20,300 16,593 + 22%
minority interests
Earnings per share in EUR 1.92 1.57 + 22%
Employees (average) 298 252 + 18%

Placed capital in the first half

Business segment in EUR m* 1.1.–30.06.07 1.1.–30.06.06 +/–
Real estate funds 125 134 – 7%
thereof Real Estate Opportunity 92 60 + 53%
Corporate investments 202 202 +/- 0%
Thereof ship investments 197 193 + 2%
Life insurance funds 49 62 – 21%
Structured products 39 74 – 47%
Private equity funds 12 18 – 33%
Investment funds 25 2 + 1,150%
TOTAL 453 493 – 8%

*Deviations due to rounding of figures.

Since 1994, 155,000 customers (YE 2006: 140,000) have invested EUR 6.22
billion in 272 funds representing a total investment volume of EUR 15.53
billion.

The interim report on the six-month period ended June 30,2007 is available
for download in the Investor Relations section at
www.mpc-capital.com.

Inquiries:
Andreas Schwarzwälder
Investor Relations
Telefon: +49 40/380 22-4347
Fax: +49 40/380 22-4878,
E-Mail: ir@mpc-capital.com

DGAP 01.08.2007

Language: English
Issuer: MPC Münchmeyer Petersen Capital AG
Palmaille 67
22767 Hamburg
Deutschland
Phone: +49 (0)40 380 22 4347
Fax: +49 (0)40 380 22 4878
E-mail: ir@mpc-capital.com
Internet: www.mpc-capital.com
ISIN: DE0005187603
WKN: 518760
Indices: S-DAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Hannover, Düsseldorf, München,
Stuttgart

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