3U Holding AG — Earnings Release 2010

May 26, 2011

News Details

Ad-hoc | 26 May 2011 09:00

3U HOLDING AG: Management Board announces new forecast and corporate actions

3U HOLDING AG / Key word(s): Forecast/Share Buyback

26.05.2011 09:00

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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• Management Board announces new forecast for the fiscal years 2011 and
  2012

• Capital reduction will be registered with the commercial register
  following AGM

• Management and Supervisory Board decide on a new share buyback

3U HOLDING AG (ISIN DE0005167902) will provide information on their annual
general meeting concerning the last financial year and present an updated
outlook for fiscal years 2011 and 2012.

In the annual report 2010 the Management Board of 3U HOLDING AG expected
sales of about EUR 100 to 110 million, EBITDA of EUR 12.0 to 14.0 million
and earnings of about EUR 4.0 to 5.5 million in fiscal year 2011. For 2012,
the Board anticipated sales of between EUR 105 and 120 million, EBITDA
between EUR 13.0 and 15.0 million and earnings of between EUR 4.5 to 6.0
million.

With the sale of LambdaNet these forecasts have become obsolete. The new
forecast for the current year includes the sales and profit contribution of
LambdaNet for the months January to May, but not those from June to
December 2011. For the year 2012, lower sales than in 2011 are expected
because in the coming year no sales of LambdaNet are consolidated.

That said, the Management Board of 3U HOLDING AG expects sales of about EUR
85 and EUR 95 million, EBITDA of EUR 5 to 7 million and earnings of about
EUR 26 to EUR 28 million in fiscal year 2011. It has to be taken into
account that the sale of LambdaNet contributes with approximately EUR 25
million to earnings.

For 2012, the Board anticipates sales of between EUR 62 and 77 million,
EBITDA between EUR 1 and 3 million and earnings of between EUR 0.5 to 1.5
million.

In addition, the Management Board with the approval of the Supervisory
Board decided to submit 4,359,740 own shares (which corresponds to 10.00 %
of the nominal capital) for withdrawal at the trade register. The Company
obtained those shares within the latest share buyback via the stock
exchange and through a compromise settlement. With the withdrawal increases
the company value attributable to each share and it also opens up the
possibility for further share buybacks.

3U HOLDING AG will use this opportunity in the interest of shareholders and
start another share buyback program on the exchange short term.

The speech and presentation of the Management Board will be released after
today's AGM on the 3U website.

Contact:
Peter Alex
Head of Investor Relations

3U HOLDING AG
Frauenbergstraße 31-33
D-35039 Marburg
Tel.: + 49 (0)6421 999-1200
Fax: + 49 (0)6421 999-1222
Email: IR@3U.net
www.3u.net

26.05.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: 3U HOLDING AG
Frauenbergstraße 31-33
35039 Marburg
Deutschland
Phone: +49 (0)6421/999-1200
Fax: +49 (0)6421/999-1222
E-mail: IR@3U.net
Internet: www.3u.net
ISIN: DE0005167902
WKN: 516790
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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