HELMA Eigenheimbau AG — Board/Management Information 2009

Sep 28, 2009

News Details

Corporate | 28 September 2009 14:00

HELMA Eigenheimbau AG: Property development subsidiary accesses additional revenue and earnings potentials through the purchase of attractive real estate areas

HELMA Eigenheimbau AG / Miscellaneous

28.09.2009

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HELMA Eigenheimbau AG: Property development subsidiary accesses additional
revenue and earnings potentials through the purchase of attractive real
estate areas

*HELMA Wohnungsbau GmbH & Co. KG faces significant business expansion
*Management Board agreement with Karl-Heinz Maerzke prematurely extended up
to March 2015
*Thorsten Meier new sales director from October 2009

Lehrte, September 28, 2009 - HELMA Wohnungsbau GmbH & Co. KG, a subsidiary
of HELMA Eigenheimbau AG, has concluded purchase agreements and purchase
options relating to attractive real estate areas in Berlin with a net
construction and property area totalling around 50,000 m2. The investment
volume amounts to around EUR 7.45 million, including development and
ancillary costs. The major share of the purchase price instalments and
development costs will fall due during the course of the 2010 financial
year.

In line with its tried and tested business model, HELMA Wohnungsbau GmbH &
Co. KG will offer the individual areas of real estate, including HELMA
homes, as complete units for purchase. Since construction of the relevant
homes will not commence until after the sale, customers' individual wishes
can be taken fully into consideration. A total of over one hundred
individual HELMA homes will be built on the new areas over the next two to
three years. This alone gives rise to additional sales potentials totalling
around EUR 25 million (land und homes) for the 2010-2012 financial years.
HELMA Wohnungsbau GmbH & Co. KG generated annual revenue of around EUR 5.0
million in the recent past. In the 2010 financial year, the revenue level
will rise to already around EUR 10 million, and to up to EUR 15 million in
the medium term. As a result, considerable future revenue and earnings
enhancements for the HELMA Group will accompany the expansion of the
high-margin property development business.

MANAGEMENT BOARD AGREEMENT WITH KARL-HEINZ MAERZKE PREMATURELY EXTENDED
UNTIL MARCH 2015:

At its meeting today, the Supervisory Board of HELMA Eigenheimbau AG
prematurely extended the contract of the Management Board Chairman and
company founder Karl-Heinz Maerzke (57) by a further five years until March
31, 2015. Mr Maerzke founded the company around 30 years ago, and has
successfully developed it in the subsequent period to its current position
as one of the largest providers of individual solid construction houses in
Germany. The extension of this agreement secures the important continuity
of the company's management for the long term.

THORSTEN MEIER NEW SALES DIRECTOR FROM OCTOBER 2009:

The senior management of HELMA Eigenheimbau AG was expanded as of October
1, 2009 to include Mr Thorsten Meier (45). Mr Meier has been active in
various sales management positions at Kampa AG over the last ten years, and
will assume the role of sales director on October 1, 2009. Together with Mr
Detlef Roos (40), who, as sales director of HELMA, has successfully helped
to manage HELMA's expansion in recent years, this will provide the HELMA
Group with two experienced managers in the future to realise its continued
growth objectives in the sales area.

ABOUT HELMA EIGENHEIMBAU AG:

HELMA Eigenheimbau AG is a customer-oriented, full-service construction
service provider. The company's focus lies in the development, planning,
sale, and construction management of turnkey or partly finished detached
and semi-detached houses in solid construction or element solid
construction. The tailored planning and individualisation that the company
offers at no extra cost, as well as its in-depth expertise in the field of
energy-efficient construction, are perceived by the market as a
particularly unique selling point of HELMA Eigenheimbau AG. As a property
developer, the HELMA Wohnungsbau GmbH & Co. KG subsidiary complements the
service range of the HELMA Group.

FINANCIAL CALENDAR:

30 September 2009: 2009 half-year report
8 October 2009: 2009 Q3 sales figures

INVESTOR RELATIONS CONTACT:

Gerrit Janssen
Chief Financial Officer
Tel.: +49 (0)5132 8850 113
E-Mail: ir@helma.de

28.09.2009 Financial News transmitted by DGAP

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Language: English
Company: HELMA Eigenheimbau AG
Zum Meersefeld 4
31275 Lehrte
Deutschland
Phone: +49 (0)5132/8850-0
Fax: +49 (0)5132/8850-111
E-mail: info@helma.de
Internet: www.helma.de
ISIN: DE000A0EQ578
WKN: A0EQ57
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart; Entry
Standard in Frankfurt

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