Baader Bank AG — Earnings Release 2007

Oct 15, 2007

News Details

Ad-hoc | 15 October 2007 13:17

Baader Wertpapierhandelsbank AG: Provisional consolidated net profit for Q3 2007 in accordance with IFRSs

Baader Wertpapierhandelsbank AG / Quarter Results

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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Baader Wertpapierhandelsbank AG:

Provisional consolidated net profit for Q3 2007 in accordance with IFRSs

Unterschleissheim (Germany), 15 October 2007

In the first nine months of 2007, Baader Wertpapierhandelsbank AG generated
net profit after taxes of EUR 21.0 million compared with EUR 18.1 million
in the same period of the previous year. Its profit from ordinary
activities climbed from EUR 24.5 million to EUR 28.4 million year-on-year.

Profit from ordinary activities in Q3 2007 totalled EUR 9.5 million. Among
other things this is due to higher trading activities that arose as a
result of the mortgage bank crisis in the USA and the related increase in
volatility (degree of fluctuation) on the markets. This trend had a
positive effect especially on Baader's net fee and commission income.
Furthermore, the price gains realised from the disposal of
available-for-sale financial instruments contributed to the profit growth.

Based on the business performance to date in October, the Board of
Directors expects that a profit will be generated again in Q4 2007.

Equity amounted to EUR 157.9 million as at 30 September 2007 (31 December
2006: EUR 152.6 million). Earnings per share in the reporting period were
EUR 0.46 (previous period: EUR 0.40). The Group had 292 employees as at 30
September 2007 (30 September 2006: 257 employees).

                     Jan 1 – Sep 30   Jan 1 – Sep 30      Q3      Q3

Figures in EUR million 2007 2006 2007 2006
Net fee and commission
income 36.7 26.2 11.5 6.6
Net trading income 41.9 38.2 12.1 7.5
Administrative expenses -57.7 -47.5 -19.1 -13.8
Profit from operations 27.5 23.4 9.3 1.1
Income from ordinary
activities 28.4 24.5 9.5 1.3
Net profit 21.0 18.1 7.1 1.1

The Executive Board

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Baader Wertpapierhandelsbank AG
Thomas Spengler
Weihenstephaner Strasse 4
85716 Unterschleissheim
Tel. +49 (0) 89 5150-1035
Fax +49 (0) 89 5150-2424
Thomas.Spengler@Baaderbank.de
www.Baaderbank.de

15.10.2007 Financial News transmitted by DGAP

Language: English
Issuer: Baader Wertpapierhandelsbank AG
Weihenstephaner Str. 4
85716 Unterschleissheim
Deutschland
Phone: +49 (0)89/ 5150-0
Fax: +49 (0)89/ 5150-1111
E-mail: Info@Baaderbank.de
Internet: www.Baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Amtlicher Markt in Berlin, Frankfurt (Prime Standard),
Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf

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