LAIQON AG — Earnings Release 2006

Feb 5, 2007

News Details

Corporate | 5 February 2007 08:00

Lloyd Fonds AG: Lloyd Fonds with substantial improvement in earnings in 2006

Lloyd Fonds Aktiengesellschaft / Preliminary Results/Miscellaneous

Corporate news transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

• Increase of 10% in net profit to EUR 19 million
• 5% rise in equity placements to EUR 301 million
• Proposed dividend of EUR 1.25, equal to a dividend yield of 7.8%

Hamburg, February 5, 2007. According to preliminary figures, listed company
Lloyd Fonds AG, one of the top initiators of closed-end funds and
structured investments in Germany, increased its net profit to EUR 19
million in 2006, up 10% on the previous year. Sales and EBIT rose by EUR 1
million to EUR 72 million and EUR 24 million, respectively. The share of
non-issuing revenue including recurring income came to EUR 15 million.
Equity placements grew by EUR 15 million to EUR 301 million. The final
figures for 2006 will be released in tandem with the annual report on April
17, 2007.

'All in all, we are satisfied with the Company’s performance in 2006,' says
Dr. Torsten Teichert, CEO of Lloyd Fonds AG. 'After all, 2006 marked a
turning point for closed-end investment funds as tax-allowable loss
allocations were no longer available for the first time. The fundamental
strength of the overall market for closed-end funds is clearly demonstrated
by the fact that equity placements contracted by only 5% despite the
massive structural change. Lloyd Fonds was able to continue growing, thus
bucking market trends, and reinforce its market position. We have entered
2007 with a great deal of optimism. Our product pipeline is well filled and
we are resolutely pursuing our corporate strategy.'

Diversification strategy successfully continued
In 2006, Lloyd Fonds successfully stepped up planned efforts to diversify
its fund products and sources of income. Thus, working in conjunction with
a partner, it arranged the world’s first open-end ship fund, in connection
with which Lloyd Fonds has assumed responsibility for managing the ships.
In the closed-end segment, Lloyd Fonds entered two new areas with the
establishment of real estate funds and its first private equity fund.

In 2006 as a whole, closed-end ship funds accounted for just under 71% of
total equipment placements (previous year: 85%). The share of the traded UK
endowment policy segment widened from 13% in 2005 to 24% in 2006. The
number of fund subscribers rose by 11,431 to 30,301, equivalent to an
increase of around 60%. In this way, Lloyd Fonds’ equity under management
has climbed to over EUR 1.1 billion in tandem with a rise in investment
volumes to more than EUR 3 billion (as at December 31, 2006).

13.6% increase in dividend to EUR 1.25
At the annual general meeting scheduled for June 4, 2007, Lloyd Fonds will
be asking its shareholders to approve a dividend of EUR 1.25 per share for
fiscal 2006, up from EUR 1.10 in the previous year. On the basis of the
current stock price, this translates into a dividend yield of 7.8%, one of
the highest in Germany.

Strong optimism for 2007
Turning to 2007, Lloyd Fonds anticipates a substantial increase of around
40 percent in equity placements to some EUR 420 million. This will include
a fleet fund with equity of over USD 180 million (approx. EUR 140 million),
which will be placed at the end of the first quarter of 2007 in conjunction
with a large German bank. This year, the Company plans to offer funds in a
total of six asset classes: ships, real estate, aircraft, traded endowment
policies, private equity and regenerative energies. Lloyd Fonds expects a
further increase in net profit to at least EUR 20 million despite
expectations of a substantially lower share of profits of associates. Says
Dr. Teichert: 'We will continue growing in all segments, improve our
operating earnings and simultaneously see a further increase in our
recurring income as part of our non-issuing revenue. Our aim is to be one
of the Top 5 fund arrangers by 2008 at the latest.'

Dr. Goetz Schlegtendal
Lloyd Fonds AG
Amelungstr. 8-10
20354 Hamburg
Germany
Phone: +49 (40) 325678-148
ir@lloydfonds.de

DGAP 05.02.2007

Language: English
Issuer: Lloyd Fonds Aktiengesellschaft
Amelungstr. 8-10
20354 Hamburg Deutschland
Phone: +49 (0)40 32 56 78-0
Fax: +49 (0)40 32 56 78-99
E-mail: info@lloydfonds.de
WWW: www.lloydfonds.de
ISIN: DE0006174873
WKN: 617487
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart

End of News DGAP News-Service

---