Baader Bank AG — Earnings Release 2007

Jul 16, 2007

News Details

Ad-hoc | 16 July 2007 14:39

Baader Wertpapierhandelsbank AG: Preliminary consolidated earnings for Q2 2007 (IFRS) – Increase in income from ordinary activities by 45% versus Q2 2006

Baader Wertpapierhandelsbank AG / Half Year Results

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

---

Baader Wertpapierhandelsbank AG:

Preliminary consolidated earnings for Q2 2007 (IFRS) – Increase in income
from ordinary activities by 45% versus Q2 2006

Unterschleissheim, 16th July 2007

Due to positive sentiment on the capital markets, in the second quarter of
2007, Baader Wertpapierhandelsbank AG earned an increase in income from
ordinary activities by 45% to EUR 7.1 million after EUR 4.9 million in the
equivalent period of the previous year.

In the second quarter of 2007 Baader Wertpapierhandelsbank AG improved its
net commission income year-on-year by 20% to EUR 11.5 million. Net trading
income increased by 18% to EUR 12.6 million. On the other hand,
administrative expenses moved up by only 11% to EUR 18.2 million.

The income from ordinary activities amounts to EUR18.9 million in the first
half year (previous year: EUR23.2 million). The figures of half year 2006
contained earnings from sales of available-for-sale holdings of EUR4.9
million. Without this special item the result is at a higher level as last
year.

Shareholders’ equity as of June 30, 2007 was EUR157.4 million (December 31,
2006: EUR152.6 million). Earnings per share were EUR0.31 on the reporting
date (previous year: EUR0.38).

The Group employed a total of 289 people (previous year: 250 employees).

Figures in EUR million H1 2007 H1 2006 Q2 2007 Q2 2006
Net fee and commission income 25.2 19.6 11.5 9.6
Net trading income 29.8 30.7 12.6 10.6
Administrative expenses -38.6 -33.7 -18.2 -16.4
Profit from operations 18.2 22.3 6.6 4.3
Income from ordinary
activities 18.9 23.2 7.1 4.9
Net profit 14.0 17.0 5.3 3.7

The Executive Board

*************************

Published by:

Baader Wertpapierhandelsbank AG

Contact: Nico Baader

Weihenstephaner Str. 4

85716 Unterschleissheim

Germany

Phone +49 (0)89/ 5150-1030

Fax +49 (0)89/ 5150-2424

Nico.Baader@Baaderbank.de

www.Baaderbank.de

Published by:
Baader Wertpapierhandelsbank AG
Contact: Nico Baader
Weihenstephaner Str. 4
85716 Unterschleissheim
Germany
Phone +49 (0)89/ 5150-1030
Fax +49 (0)89/ 5150-2424
Nico.Baader@Baaderbank.de
www.Baaderbank.de

DGAP 16.07.2007

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
Indices:
Listed: Amtlicher Markt in Berlin, Frankfurt (Prime Standard),
Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf

End of News DGAP News-Service

---