New Work SE

Earnings Release • Sep 10, 2008

News Details

Ad-hoc | 10 September 2008 08:28

XING reports over a half a million paying customers

XING AG / Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

Hamburg, Germany, September 10, 2008 – XING AG (ISIN: DE000XNG888),
operator of XING – the leading network for business contacts in Europe –
has exceeded the 500,000 mark of Premium Members and added approximately
140,000 net new payers in the first eight months of this year. This
revelation comes after the half-year results 2008 showed that
the company had tripled its profits and doubled its revenues.

The high rate of customer satisfaction is clear evidence of the
sustainability of this business model. More than 75 percent of all paying
members are still XING Premium Members three years after they register.

Import notice:
Provisional financing figures and proforma figures subject to confirmation

The results and figures published in this notification are unaudited and
have been determined by the company on the basis of provisional financial
statements and the previous financial statements for the specified periods
so that a better comparison can be made and exceptional factors can be
presented; some of the figures have been calculated on a proforma basis.

The provisional financial figures are subject to changes when the financial
statements are audited. Although, in the opinion of XING AG, the proforma
figures reflect the current status of the company and the direction of
development of general business, the proforma figures may not precisely
reflect this status and direction of development.

Cautionary note regarding forward-looking statements:
This notice contains forward-looking statements concerning XING AG, its
subsidiaries, and economic and political conditions that could influence
the performance or operations of XING AG. These forward-looking statements
are based on assumptions made by the management of the Company in
accordance with the information available to it at the time. A variety of
different factors could lead to actual results, trends and conditions that
differ significantly from the forward-looking statements contained in this
notice. The Company does not assume any liability for this eventuality and
cannot guarantee that the information upon which the forward-looking
statements are based is correct and complete, nor is the Company, its
subsidiaries and affiliated companies liable for the future correctness of
the statements outlined in this notice.

Contact:
Patrick Möller
Director Investor Relations
Gaensemarkt 43
20354 Hamburg
Germany
Tel. +49 40 419131-793
Fax +49 40 419131-11
investor-relations@xing.com

10.09.2008 Financial News transmitted by DGAP

Language: English
Issuer: XING AG
Gänsemarkt 43
20354 Hamburg
Deutschland
Phone: +49 (0)40 419 131-10
Fax: +49 (0)40 419 131-11
E-mail: investor-relations@xing.com
Internet: www.xing.com
ISIN: DE000XNG8888
WKN: XNG888
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

---