LAIQON AG — Earnings Release 2008

Dec 30, 2008

News Details

Corporate | 30 December 2008 11:45

Lloyd Fonds AG expects a negative result in the low single-digit million range for 2008

Lloyd Fonds Aktiengesellschaft / Profit Warning

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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• Burdens resulting from impairments tests of equity-holding valuations
• Valuation adjustments optimize the risk structure of Lloyd Fonds AG

Hamburg, December 30, 2008. Contrary to previous expectations, the
Hamburg-based investment fund initiator Lloyd Fonds AG will close the
current fiscal year with a net annual loss in the low single-digit million
range. To take account of all risks, including those faced in the
private-equity segment and in interest and foreign-exchange transactions,
as early as in the soon-to-end fiscal year, the valuations used within the
context of the annual financial statements will be aligned with preliminary
impairment tests. This move is a continuation of the conservative
accounting policy hitherto pursued by Lloyd Fonds. Low fourth-quarter
equity placement figures resulting from the financial-market crisis also
contributed to the Company's negative consolidated result.

As far back as November, the Company had announced an extensive bundle of
measures to be implemented in response to the financial and economic
crisis. Relevant activities include a reduction of about 15 percent in
existing jobs in all business segments and at all corporate levels and a
comprehensive restructuring of organizational entities and processes.

Contact:
Dr. Goetz Schlegtendal
Lloyd Fonds AG
Amelungstraße 8-10
20354 Hamburg
Tel: +49-40-325678-0
Fax: +49-40-325678-99
Mail: ir@lloydfonds.de

30.12.2008 Financial News transmitted by DGAP

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
Internet: www.lloydfonds.de
ISIN: DE0006174873
WKN: 617487
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

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