U.C.A. AG

Earnings Release • May 7, 2001

News Details

Ad-hoc | 7 May 2001 20:46

Ad hoc-Service: U.C.A. AG english

Ad hoc announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Voluntary notification analogous to Section 15 of the German Securities Trading Act as per self-obligation in the Prädikatsmarkt stock exchange – Sales returns in the 1st quarter of 2001 total 2.20 Million Euro (in accordance with IAS) – EBT equals 0.65 million Euro as at 31 March 2001 – Revalidated portfolio to be consistently implemented in favor of industries with good prospects Munich, 7 May 2001 Based on the International Accounting Standards (IAS), the sales returns totaled EUR 2.20 million in the first quarter of 2001. Earnings before taxes (EBT) totaled approximately EUR 0.65 million as at 31 March. The positive quarterly earnings can be attributed especially to minor sales of listed holdings as well as the contribution from an M&A consulting project and a positive net interest balance. The sales and earnings figures are significantly below the quarterly figures from the same period of the previous year. This development is primarily due to the volatility of business transactions common to VC companies in a Situation on the capital markets that is still to be regarded as unfavorable. U.C.A. shows confidence for the entire year 2001. Due to its high cash reserves and cost leadership in the quoted VC segment as well as the prospects of one or two substantial transactions from non-quoted holdings with attractive margins, a positive result is expected. The executive board Contact: Investor Relations Daniel Schirok Tel. : + 49 (0) 89 – 99 31 94-36 E-mail: investor.relations@uca.de end of ad hoc announcement (c) DGAP 07.05.2001 ——————————————————————————– WKN: 701200; Index: Listed: Freiverkehr in Berlin, Düsseldorf, Frankfurt, Hamburg, München (Prädikatsmarkt) und Stuttgart 072046 Mai 01