Hochtief AG — Earnings Release 2007

May 4, 2007

News Details

Ad-hoc | 4 May 2007 11:27

HOCHTIEF Aktiengesellschaft: HOCHTIEF confirms 2007 earnings forecast for the Group despite losses in the HOCHTIEF Europe division

HOCHTIEF Aktiengesellschaft / Quarter Results/Final 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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For the current fiscal year, the HOCHTIEF Construction Services Europe
division expects a negative profit before taxes of up to EUR 120 million
(Q1 2007: a negative of approx. EUR 25 million). This figure is mainly due
to substantial cost increases in the subcontractor and material segments in
the German building construction sector. According to the latest forecast,
however, this loss can be compensated by the in some cases considerable
profit increases in the Group's other divisions. In this regard, the
Executive Board confirms the Group earnings forecast for the current fiscal
year. In the first quarter of 2007, the Group improved profit before taxes
to approximately EUR 66 million (2006: EUR 50.2 million) and increased
consolidated net income to about EUR 9.6 million (2006: EUR 8.6
million).

DGAP 04.05.2007

Language: English
Issuer: HOCHTIEF Aktiengesellschaft
Opernplatz 2
45128 Essen Deutschland
Phone: +49 (0)201 824-1833
Fax: +49 (0)201 824-2750
E-mail: investor-relations@hochtief.de
www: www.hochtief.de
ISIN: DE0006070006
WKN: 607000
Indices: MDAX
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
München, Hamburg, Düsseldorf; Freiverkehr in Hannover,
Stuttgart; Terminbörse EUREX

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