Gabriel Holding — Interim / Quarterly Report 2011

May 26, 2011

Stock Exchange and Press Release

Gabriel Holding A/S Interim Statement 2010/11 (1 October 2010 – 31 March 2011)

Gabriel Holding A/S – Interim Statement 2010/11

Summary: Improved key figures and continued increase in revenue.

• · Revenue was 125.4 million DKK (115.0 million DKK).
• · The operating profit (EBIT) was 10.4 million DKK (5.2 million DKK).
• · Share of profit after tax in the dye factory Scandye UAB in Lithuania was 1.7 million DKK (1.5 million DKK).
• · Profit before tax was 12.7 million DKK (7.0 million DKK).
• · Return on invested capital (ROIC) was 11% (7%).
• · Profit margin was 8% (5%).
• · The key figures were positively affected by improved processes and the completed outsourcing of dyeing activities to Scandye UAB.
• · An increase is being registered in the activity level and revenue on new markets as well as in new products and services.
• · In the 2009/10 annual report management expected a revenue increase of 5-10% and an improved operating profit (EBIT) for the 2010/11 financial year. After the first half-year management maintains expectations.

This is a translation of the original Danish text. In the event of discrepancies between the Danish and English texts, the Danish version shall prevail.

Please see our website www.gabriel.dk for the full version of the interim statement (in Danish).