Beter Bed Holding N.V. — Interim / Quarterly Report 2007

May 7, 2007

PRESS RELEASE

Uden, The Netherlands, 25 April 2007

BETER BED Q1: REVENUE INCREASES BY 11% AND NET PROFIT RISES BY 44%

Beter Bed Holding N.V. achieved an 11.0% growth in revenues in the first quarter of 2007. This brought total revenue to € 91.9 million, compared to € 82.8 million in the first quarter of 2006. Net profit totalled € 8.9 million in the first quarter. This represents an increase of 43.9% in comparison to the first quarter of 2006 when net profit amounted to € 6.2 million.

Growth in revenues per country in the first quarter of 2007 in comparison to the same period last year amounted to:

Netherlands	+7%
Germany	+12%
Austria	+26%
Switzerland	+21%
Spain	+42%

A total of 42 stores were opened and 13 stores were closed in the first quarter of 2007, resulting in a net total of 29 new stores being opened. This brought the total number of stores at the end of March 2007 to 868. Revenue at comparable stores within the Beter Bed Holding formulas increased by 2.6%. Total revenue rose by 11.0% in the first quarter of 2007. The realised gross profit amounted to 52.2% in the first quarter of 2007, compared to 52.0% in the first quarter of 2006. Operational expenses rose from € 34.0 million in the first quarter of 2006 to € 37.0 million in the first quarter of 2007 due to the increase in the number of stores. Operational expenses did, however, decrease as a percentage of revenue from 41.0% in the first quarter of 2006 to 40.3% in the first quarter of 2007. Operating profit (EBIT) rose by 20.7% to a total of € 10.9 million (11.9% of the revenue) compared to € 9.1 million (11.0% of the revenue) in the first quarter of 2006. The tax burden decreased in connection with the lower rate in the Netherlands and a tax gain totalling € 1 million related to the option series dating from 2003 becoming unconditional. The option series from 2004 and 2005 will become unconditional in the first and third quarters of 2008 respectively and as a result this effect is expected to occur to a greater degree in 2008. Net profit totalled € 8.9 million in the first quarter of 2007, which marks a 43.9% increase in comparison to 2006.

Outlook

Barring unforeseen circumstances, the company expects net profit in the first six months of 2007 to rise by at least 35% in comparison to the net profit earned in the first six months of 2006.

Profile

Beter Bed operates in the European bedroom furnishings market. Its activities include retail trade through a total of approximately 875 stores that operate via the chains Beter Bed (active in the Netherlands), Matratzen Concord (active in the Netherlands, Germany, Austria and Switzerland), El Gigante del Colchón (active in Spain), BeddenReus, Dormaël and Slaapgenoten (all three active in the Netherlands) and MAV (active in Germany). Beter Bed Holding is also active in the field of developing and wholesaling branded products in the bedroom furnishings sector in the Netherlands, Belgium and Germany via its subsidiary DBC International. Beter Bed Holding achieved net revenue of € 320 million in 2006. The company has been listed on the Eurolist of Euronext Amsterdam since December 1996 and forms part of the NextPrime segment. Beter Bed Holding is included in the Amsterdam Small Cap Index.

APPENDIX:

• First quarter results 2007

For more information, please contact: Frans Geelen, Chief Executive Officer Tel. +31 (0)413 338819 / Fax +31 (0)413 338829 / Mob. +31 (0)6 29565517 E-mail: frans.geelen@beterbed.nl / Website: www.beterbedholding.com

BETER BED HOLDING NV

FIRST QUARTER RESULTS 2007

Contents

1. Consolidated balance sheet 5
2. Consolidated profit and loss account 6
3. Consolidated cashflow statement 7
4. Consolidated overview of movements equity 8

1. Consolidated balance sheet

(* EUR 1.000)	31-3-2007	31-3-2006	31-12-2006
Tangible fixed assets	24.845	22.558	24.420
Intangible fixed assets	3.811	3.811	3.811
Stocks	44.264	37.174	40.275
Debtors, prepayments and accrued
income	4.894	3.574	4.907
Cash and cash equivalents	19.032	10.215	9.544
TOTAL ASSETS	96.846	77.332	82.957
Equity attributable to equity holders
of the parent	52.232	39.646	42.701
Provisions	1.134	1.182	1.134
Long-term liabilities	167	1.167	417
Short-term bankloans	1.035	1.043	1.000
Current liabilities	42.278	34.294	37.705
TOTAL LIABILITIES	96.846	77.332	82.957

2. Consolidated profit and loss account

(* EUR 1.000)

	2007-Q1	2006-Q1
Revenue	91.884	82.809
Cost of sales	(43.940)	(39.750)
Gross margin	47.944	43.059
	52,2%	52,0%
Staff costs	17.661	16.458
Depreciation of tangible fixed assets	1.609	1.511
Other operating expenses	17.731	16.022
Total operating expenses	(37.001)	(33.991)
	-40,3%	-41,0%
Operating result (EBIT)	10.943 11,9%	9.068 11,0%
Financial income and expense	(59)	(123)
Profit before tax	10.884	8.945
Income tax expense	(2.012)	(2.778)
Net profit	8.872	6.167
	9,7%	7,4%
Earnings per share €	0,40	0,28
Diluted earnings per share €	0,40	0,28

3. Consolidated cash flow statement

(* EUR 1.000)

	2007-Q1		2006-Q1
Cash flow from/(used in) operating activities
Net group profit	8.872		6.167
Depreciation	1.609		1.511
Movements in:
Stocks	(3.989)		(385)
Debtors	13		(180)
Creditors	4.573		313
Provisions	-		-
Cash flow from/(used in) operating activities		11.078		7.426
Cash flow from/(used in) investing activities
Additions to tangible fixed assets	(2.073)		(1.224)
Disposals of tangible fixed assets	39		44
Cash flow used in investing activities		(2.034)		(1.180)
Cash flow from/(used in) financing activities
Income from the issue of new shares	552		-
Movement in equity because of costs of employee share options	107		68
Exchange gain/(loss) on foreign participating interests	-		(11)
Repayment of long-term liabilities	(250)		(250)
Dividend paid	-		-
Cash flow from/(used in) financing activities		409		(193)
Net cash flow for financial year		9.453		6.053
Cash and cash equivalents at the beginning of the year		8.544		3.119
Cash and cash equivalents at the end of the year		17.997		9.172

4. Consolidated overview of movements equity

(* EUR 1.000)	total	issued share capital	share premium reserve	legal reserve participating interests	revaluation reserve	other reserves	retained earnings
Balance on 1 January 2007	42.701	433	15.596	-	1.548	1.294	23.830
Profit Q1-2007	8.872	-	-	-	-	-	8.872
Share issue	552	3	549	-	-	-	-
Expenses employee options	107	-	-	-	-	107	-
Balance on 31 March 2007	52.232	436	16.145	-	1.548	1.401	32.702

	total	issued share capital	share premium reserve	legal reserve participating interests	revaluation reserve	other reserves	retained earnings
Balance on 1 January 2006	33.422	433	15.596	-	1.463	293	15.637
Profit Q1-2006	6.167	-	-	-	-		6.167
Expenses employee options Movement in legal reserves	68	-	-	-	-	68	-
exchange differences Adjustment to legal reserve	(11)	-	-	(11)	-	-	-
participating interests		- -	-	11	-	(11)	-
Balance on 31 March 2006	39.646	433	15.596	-	1.463	350	21.804