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SÜSS MicroTec SE

Quarterly Report May 7, 2009

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Quarterly Report

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Quarterly Report 2009 1 January – 31 March

Key Figures

in 3 million Q1/09 Q1/08 Change
Statement of income
Order entry 20.0 43.8 -54.5%
Order backlog as of 03/31 63.4 83.8 -24.3%
Sales 26.9 35.3 -23.7%
Sales margin -4.0% 2.8% -6.8%-points
Gross profit 10.9 14.6 -25.4%
Gross margin 40.4% 41.4% -1%-points
Costs of sales 16.0 20.7 -22.5%
EBITDA 0.5 2.7 -81.5%
EBITDA margin 1.8% 7.6% -5.8%-points
EBIT -0.8 1.6 -151.9%
EBIT margin -3.2% 4.6% -7.8%-points
Earnings after tax -1.1 1.0 -207.3%
Basic earnings per share -0.06 0.06 -200.0%
Balance sheet
Equity 91.1 102.3 -11.0%
Equity ratio 62.0% 62.0%
Return on equity -1.2% 1.0% -2.2%-points
Balance sheet total 146.9 165.2 -11.1%
Net Cash 11.6 10.2 +13.7 %
Free cash flow 1.9* 2.6* -28.2%
Further key figures
Investments 1.9 3.0 -37.1%
Investment ratio 6.9% 8.4% -1.5%-points
Depreciation 1.3 1.0 30.3%
Employees as of 03/31 642 718 -10.6%

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* before considering of purchased available-for-sale securities

Contents

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Foreword

Foreword by the Management Board

Highlights

Highlights 2009

Investor Relations

  • Investor Relations
  • The SUSS MicroTec Share
  • Shareholder Structure as of March 31, 2009
  • Shareholder Ownership of Officers and Related Persons as of March 31, 2009

Business Performance

  • Overview
  • Sales and Orders Position by Regions
  • Lithography Division
  • Substrate Bonder Division
  • Test Systems Division
  • Others Division

Financial Statements (IFRS)

  • Consolidated Statement of Income
  • Consolidated Balance Sheet
  • Consolidated Statement of Cash Flows
  • Statement of Comprehensive Income
  • Consolidated Statement of Shareholders' Equity
  • Segment Reporting
  • Selected Explanatory Notes

Service

  • Legal Structure of the Group
  • Corporate Calendar 2009 Imprint
  • Contact

Foreword by the Management Board

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Dear Shareholders, Ladies and Gentlemen,

Order entry in the first quarter of 2009 reflects the drop in investments on the part of the semiconductor industry as a result of the global financial and economic crisis. At EUR 20.0 million, the order entry of the first three months fell approximately 54 percent or EUR 23.8 million short of the corresponding figure from the previous year of EUR 43.8 million. The decrease is primarily attributable to the globally weak demand from production customers, while research and development customers placed the usual level of orders.

SUSS MicroTec Group sales in the first quarter of 2009 amounted to EUR 26.9 million and, thus, missed the comparable figure from the previous year of EUR 35.3 million by approximately 24 percent. The order backlog as of March 31, 2009 amounted to EUR 63.4 million (March 31, 2008: EUR 83.8 million) after EUR 69.7 million as of the end of the fiscal year on December 31, 2008.

EBITDA (earnings before interest, taxes, depreciation, and amortization) in the first quarter of 2009 at EUR 0.5 million were slightly positive, but approximately EUR 2.2 million lower than in the same quarter of the previous year (Q1 2008: EUR 2.7 million). This puts us one critical step closer to reaching our goal of positive EBITDA for the full year. Against the backdrop of significantly lower sales than in the previous year's quarter, earnings before interest and taxes (EBIT) were in slightly negative territory at EUR -0.8 million (Q1 2008: EUR 1.6 million). Earnings after taxes (EAT) at EUR -1.1 million reached a level reduced by approximately EUR 2.1 million compared to the same quarter of the previous year (Q1 2008: EUR 1.0 million).

At the moment, we are highly satisfied with the development of our net liquidity. As of March 31, 2009, the SUSS MicroTec Group had liquid assets and securities of EUR 24.4 million. The net liquidity improved further against the backdrop of the cost reduction measures implemented throughout the Group and, as of the end of

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Michael Knopp, Christian Schubert, Frank Averdung

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2008: EUR 10.2 million). As a comparison, this figure on December 31, 2008 totaled EUR 9.4 million. Another pleasing trend in this context is that the domestic credit line initially granted to us through March 31, 2009 has now been successfully extended by one year, through March 31, 2010. With this, Deutsche Bank AG was also won over as a third and new member of the consortium, whereby the scope of the credit line, used first and foremost for down payment guarantees, was increased to EUR 9 million.

Furthermore, on March 26, 2009, Dr. Richter informed

us of his decision to resign as the Chairman of the Supervisory Board early following this year's shareholders' meeting. The reason for his decision is to avoid any potential conflicts of interest that could arise in the future from his function as Chief Executive Officer of Thin Materials AG and Chairman of the Supervisory Board of SUSS MicroTec AG. The two companies cooperate in the area of thin wafer handling, and SUSS MicroTec cannot rule out additional synergy in this field.

We very much regret Dr. Richter's early resignation and at this point would like to sincerely thank him for his excellent collaboration based on mutual trust in the past, and by all means difficult, fiscal year.

We have seen a slight revival of customer activities and demand thus far in the second quarter of the 2009 fiscal year. Nevertheless, we believe it is premature to interpret these first positive signs as a general trend reversal.

Garching, Germany, May 2009

Frank Averdung Michael Knopp Christian Schubert Chief Executive Officer Chief Financial Officer Member of the Board

Highlights

SUSS MicroTec Introduces Second Generation of 300mm Coat/Develop Cluster to Market

SUSS MicroTec introduced the second generation of the ACS300, a modular system for coating, baking, and developing wafers up to 300mm at the SEMICON Korea 2009 exhibition. The ACS300 Gen2 has been tailored specifically to the requirements of advanced packaging and 3D integration with regard to the system structure and process modules. Thanks to its ability to process extremely thick photo resist layers, the new coating system

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is particularly recommended for applications such as solder bumping, gold bumping, and redistribution layers. In addition to significantly lower fitting costs compared to its predecessor, the ACS300Plus, the new Cluster has greater efficiency and a smaller surface area, thus allowing it to also contribute significantly to the reduction of operating costs for the customer. Two systems have already been installed with the customer and a third is scheduled to be delivered in Q2.

MST.factory Depends on SUSS MicroTec Wafer Bonder

The competence center for micro and nanotechnology, MST.factory, Dortmund, Germany, has expanded its infrastructure with a CB8 High Performance Wafer Bonder from SUSS MicroTec. The semi-automatic 200mm Bonder is used in the

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7 Service Financial Report Business Performance Investor Relations Highlights Foreword
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process development for complex wafer bonding procedures, particularly for the MEMS (microsystems technology) production. The processes developed using CB8 can, thus, be transferred immediately to the fully automated CBC200 Wafer Bond Cluster from SUSS MicroTec. This secures the transition from the laboratory or small-scale production to large-scale production for the customer. Given its business-relevant infrastructure, MST.factory offers small and mediumsized companies as well as start-ups an outstanding research environment in the field of micro and nanostructuring and, at the same time, operates as a multiplier for SUSS MicroTec.

SEMATECH and University at Albany Rely on SUSS MicroTec Test Systems

SEMATECH, an international consortium composed of leading chip manufacturers and research institutes like the College of Nanoscale Science and Engineering (CNSE) at the University at Albany, has ordered two test systems for device characterization of 300 mm wafers with ProbeShield technology from SUSS MicroTec and one cyrogenic probe system for use in very low temperature measurements. All of the systems are expected to be installed in

CNSE's state-of-the-art Albany NanoTech research complex. The UAlbany NanoCollege, as a leading research and development institution, is working on enabling the scaling of CMOS transistors in 16 nm technologies and beyond. SUSS MicroTec's test system helps CNSE Albany NanoTech to acquire its core expertise and supports researchers in recognizing and optimizing the desired basic properties of modern material and technologies.

Investor Relations

Changes to the Management and Supervisory Boards

Mr. Frank Averdung (54) took over as the Chief Executive Officer of SUSS MicroTec AG with effect on February 1, 2009. After the Supervisory Board appointed Mr. Averdung to the Company's Management Board in November 2008, the former managing director of Carl Zeiss Semiconductor Metrology Systems GmbH has now taken office approximately four months earlier than planned. In his role, the graduate electrical engineer is responsible for the areas of sales, marketing, production, and Group strategy.

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Christian Schubert, who had begun his Management Board membership on October 2, 2008 on an interim basis, will remain in his post on the Management Board of SUSS MicroTec AG until the end of his appointment on May 31, 2009.

On March 26, 2009, Dr. Franz Richter informed the Company that he will leave his post as the Chairman of the Supervisory Board of SUSS MicroTec AG following this year's shareholders' meeting on June 24, 2009. The reasons for his early resignation are possible future conflicts of interest, which could arise from the product-strategic reorientation of the group of companies and his function as the Chief Executive Officer of Thin Materials AG, Eichenau, Germany.

The SUSS MicroTec Share

The SUSS MicroTec share began the 2009 fiscal year with a share price of 3 1.36 and, in the first three months of the year, slightly exceeded the performance of its comparison indexes, the TecDAX and Prime IG Semiconductor. Overall, however, the share price does not reflect the Company's business potential. The currently non-transparent, sector-specific, and macroeconomic situation particularly strained the share price.

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Business Performance
Financial Report
Service
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Price Development of the SUSS MicroTec Share in 2009 40

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Shareholder Structure as of March 31, 2009

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Share Ownership of Officers and Affiliated Individuals as of March 31, 2009

Shares Options
Management Board
Frank Averdung* 27,500 0
Michael Knopp 22,500 30,000
Christian Schubert 0 0
Supervisory Board
Dr. Franz Richter 101,040 0
Dr. Stefan Reineck 6,600 40,000
Jan Teichert 0 0

* Chief Executive Officer since February 1, 2009

Business Performance

Overview

Order entry in the first quarter of 2009 reflects the drop in investments on the part of the semiconductor industry as a result of a global financial and economic crisis. At 3 20.0 million, the order entry of the first three months fell approximately 54% or 3 23.8 million short of the corresponding figure from the previous year of 3 43.8 million. The decrease is primarily attributable to the globally weak demand from production customers, while research and development customers placed the usual level of orders.

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SUSS MicroTec Group sales amounted to 3 26.9 million in the first quarter of 2009 and were, thus, approximately 24% below the comparable figure from the previous year of 3 35.3 million. The order backlog totaled 3 63.4 million as of March 31, 2009 (March 31, 2008: 3 83.8 million).

Earnings before interest and taxes (EBIT) were slightly negative at 3 -0.8 million against the backdrop of the significantly lower sales compared to the same quarter of the previous year (Q1 2008: 3 1.6 million). Earnings after taxes (EAT) totaled 3 -1.1 million and reached a level reduced by approximately 3 -2.1 million compared to the same quarter of the previous year (3 1.0 million). The basic earnings per share (EPS), thus, amount to 3 -0.06 (Q1 2008: 3 0.06).

The operating cash flow was reduced compared to the same period of the previous year from 3 4.6 million to 3 3.8 million. The free cash flow before considering securities purchases totaling 3 3.8 million (Q1 2008: 3 9.0 million) as of the end of the first quarter amounted to 3 1.9 million (Q1 2008: 3 2.6 million).

This gave the SUSS MicroTec Group liquid assets and securities of 3 24.4 million as of March 31, 2009. The net cash position improved further and amounted to 3 11.6 million as of March 31, 2009 (March 31, 2008: 3 10.2 million). As a comparison, this figure amounted to 3 9.4 million on December 31, 2008.

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Sales and Orders Position by Region

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Compared to the previous year, the sales split by region shows strong sales declines in the regions of North America (-44.7%), Japan (-60.6%), and Rest of Asia (-12.8%). Europe proved an exception with sales at 3 12.6 million just exceeding the previous year's quarter of 3 12.5 million.

The analysis of the regional order entry shows strong declines in orders in all regions with North America (-16.2%), Europe (-66.7%), Japan (-47.1%) and Rest of Asia (-61.4%).

Lithography Division

The core division of Lithography posted significant declines for both order entry and sales in the first three months of the 2009 fiscal year. Order entry in the first quarter fell by 3 24.8 million to 3 9.2 million (Q1 2008: 3 34.0 million). The reason for this is particularly the strong drop in investments on the part of production customers in the advanced packaging industry.

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Sales in the Lithography division amounted to 3 17.0 million in the first quarter of 2009 after 3 21.0 million in the previous year's quarter. The division earnings of the first three months fell from 3 3.1 million to 3 1.4 million as a result of the low sales.

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Substrate Bonder Division

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Compared with the previous year's quarter, the Substrate Bonder division improved its order entry by 3 2.8 million to 3 5.9 million (Q1 2008: 3 3.1 million). Sales, in contrast, dropped from 3 6.0 million in the previous year's quarter to 3 4.2 million in the first quarter of 2009. The low sales caused the division earnings to deteriorate from 3 0.8 million in the previous year's period to 3 -0.5 million in the first quarter of 2009.

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Substrate Bonder Division Overview

Test Systems Division

In the first three months of the 2009 fiscal year, the Test Systems division generated sales of 3 4.5 million after 3 5.9 million in the same period of the previous year. As was the case in the lapsed fiscal year, the difficult competitive situation and the margin pressure associated with it appear to be responsible for the weak development in the first quarter of the new fiscal year.

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Against the background of the drop in investments on the part of important major chip manufacturers, the order entry at 3 4.0 million fell short of the corresponding figure from the previous year of 3 5.0 million. Despite of a decline in segment sales the result of the first quarter 2009 has almost been balanced out by the effects of the implemented cost saving measures (Q1 2008: 3 -0.4 million).

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Test Systems Division Overview

in 3 million

Others Division

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The Others division includes the business lines of Photo Masks and Micro-optics as well as the holding functions and the C4NP business line. Order entry and sales in this division showed declining trends from January to March 2009. Order entry fell from the previous quarter by 3 0.9 million to 3 0.8 million (Q1 2008: 3 1.7 million). Sales were reduced in the reporting period by 3 0.3 million to 3 1.3 million (Q1 2008: 3 1.6 million). The Photo Masks business line posted a decline in the first quarter for order entry and sales, of 3 0.7 million to 3 0.4 million (Q1 2008: 3 1.1 million) and of 3 0.3 million to 3 0.8 million respectively (Q1 2008: 3 1.1 million). As for the Micro-optics business line, order entry fell from the previous quarter by 3 0.2 million to 3 0.4 million (Q1 2008: 3 0.6 million). With 3 0.4 million, sales did not come close to the comparable figure from the previous year of 3 0.5 million.

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Financial Report

Consolidated Statement of Income (IFRS)

01/01/2009 –
03/31/2009
in T3 Continuing
operations
Sales 26,930
Cost of sales -16,037
Gross profit 10,893
Selling costs -5.681
Research and development costs -1.545
Administration costs -4.009
Other operating income 1.322
Other operating expenses -1.829
Analysis of net income from operations (EBIT):
EBITDA (Earnings before Interest and Taxes, Depreciation and Amortization) 494
Depreciation and amortization of tangible assets,
intangible assets and investments in subsidiaries
-1,343
Net income from operations (EBIT) -849
Financial income/expense -48
Income before taxes -897
Income taxes -176
Net profit or loss -1,073
Thereof equity holders of SUSS MicroTec -1,058
Thereof minority interests -15
Earnings per share
Basic earnings per share in 3 -0.06
Diluted earnings per share in 3 -0.06

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01/01/2008 – 03/31/2008
Group Discontinued
operations
Continuing
operations
35,289 795 34,494
-20,692 -730 -19,962
14,597 65 14,532
-6,242 -13 -6,229
-1,935 -1 -1,934
-4,869 -39 -4,830
1,148 0 1,148
-1,063 0 -1,063
2,667 12 2,655
-1,031 0 -1,031
1,636 12 1,624
-255 0 -255
1,381 12 1,369
-381 0 -381
1,000 12 988
1,018 12 1,006
-18 0 -18
0.06 0.00 0.06
0.06 0.00 0.06

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Consolidated Balance Sheet (IFRS)

Assets
in T3
03/31/2009 12/31/2008
Non-Current assets 49,836 48,600
Intangible assets 16,266 15,113
Goodwill 17,767 17,767
Tangible assets 5,161 5,421
Other investments 5 5
Current tax assets 572 573
Other assets 702 664
Deferred tax assets 9,363 9,057
Current assets 97,072 104,960
Inventories 54,093 54,596
Accounts receivable 14,570 23,142
Other financial assets 365 848
Securities 7,580 3,759
Current tax assets 221 298
Cash and cash equivalents 16,820 20,603
Other assets 3,423 1,714
Total assets 146,908 153,560

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Liabilities
& shareholders
' equit
y
in T3 03/31/2009 12/31/2008
Equity 91,114 90,617
Total equity attributable to shareholders of SUSS MicroTec AG 90,888 90,370
Subscribed capital 17,019 17,019
Reserves 73,112 74,142
Accumulated other comprehensive income 757 -791
Minority interests 226 247
Non-current liabilities 18,964 18,554
Pension plans and similar commitments 3,003 3,026
Provisions 954 902
Financial debt 9,146 9,199
Other financial liabilities 13 0
Deferred tax liabilities 5,848 5,427
Current liabilities 36,830 44,389
Provisions 2,650 3,161
Tax liabilities 711 801
Financial debt 3,637 5,758
Other financial liabilities 4,493 5,365
Accounts payable 4,740 5,116
Other liabilities 20,599 24,188
Total liabilities and shareholders' equity 146,908 153,560

Consolidated Statement of Cash Flows (IFRS)

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in T3 01/01/2009 –
03/31/2009
01/01/2008 –
03/31/2008
Net profit or loss (after taxes) -1,073 1,000
Amortization of intangible assets 869 655
Depreciation of tangible assets 474 376
Profit or loss on disposal of intangible and tangible assets 19 5
Change of reserves on inventories 694 -1
Change of reserves for bad debts 40 -77
Non-cash stock based compensation 28 145
Non-cash income from the reversal of provisions -76 -6
Non-cash interest expenses from increase of convertible debt 0 4
Other non-cash effective income and expenses 60 438
Change in inventories 610 -4,247
Change in accounts receivable 8,946 3,069
Change in other assets -1,186 -198
Change in pension provisions -23 43
Change in accounts payable -437 -416
Change in other liabilities and other provisions -5,307 3,719
Change of deferred taxes 115 120
Cash flow from operating activities –
continuing and discontinued operations
3,753 4,629
Cash flow from operating activities –
continuing operations
3,753 5,589
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in T3 01/01/2009 –
03/31/2009
01/01/2008 –
03/31/2008
Disbursements for tangible assets -176 -372
Disbursements for intangible assets -1,689 -2,591
Purchases of current available-for-sale securities -3,821 -9,025
Proceeds from disposal of intangible and tangible assets 0 2
Proceeds from non-current assets held for sale 0 960
Cash flow from investing activities –
continuing and discontinued operations
-5,686 -11,026
Cash flow from investing activities –
continuing operations
-5,686 -11,986
Repayment of bank loans -19 -576
Change in current bank liabilities -2,016 2,020
Change in other financial debt -48 -63
Cash flow from financing activities –
continuing and discontinued operations
-2,083 1,381
Cash flow from financing activities –
continuing operations
-2,083 1,381
Adjustments to funds caused by exchange-rate fluctuations 233 -75
Change in cash and cash equivalents -3,783 -5,091
Funds at beginning of the year 20,603 20,092
Funds at end of the period 16,820 15,001
Cash flow from operating activities includes:
Interest paid during the period 38 205
Interest received during period 166 170
Tax paid during the period 163 95
Tax refunds during the period 132 468
22
SUSS MicroTec AG Quarterly Report 2009
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Statement of Comprehensive Income (IFRS)

01/01/2009 –
03/31/2009
in T3 Continuing
operations
Net profit or loss -1,073
Fair value fluctuations of available for sale securities 89
Foreign currency adjustment 1,586
Cash flow hedges -151
Deferred taxes 18
Total income and expenses recognized in equity 1,542
Total income and expenses reported in the reporting period 469
Thereof equity holders of SUSS MicroTec 490
Thereof minority interests -21

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Foreword
Highlights
Investor Relations
Business Performance
Financial Report
Service
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01/01/2008 – 03/31/2008
Group Discontinued
operations
Continuing
operations
1,000 12 988
0 0 0
-1,383 0 -1,383
0 0 0
0 0 0
-1,383 0 -1,383
-383 12 -395
-365 12 -377
-18 0 -18

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24 SUSS MicroTec AG Quarterly Report 2009
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Consolidated statement of shareholders' equity (IFRS)

Subscribed
capital
Additional
paid-in capital
Earnings
reserve
17,019 92,212 433
145
17,019 92,357 433
17,019 92,842 433
28
17,019 92,870 433

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Equity Minority
interests
Total equity
attributable to
shareholders of
Suss MicroTec AG
Accumulated
other Com
prehensive
Income
Retained
Earnings
102,568 277 102,291 -2,111 -5,262
145 0 145
1,000 -18 1,018 1,018
-1,383 0 -1,383 -1,383
102,330 259 102,071 -3,494 -4,244
90,617 247 90,370 -791 -19,133
28 0 28
-1,073 -15 -1,058 -1,058
1,542 -6 1,548 1,548
91,114 226 90,888 757 -20,191

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Segment Reporting (IFRS)

Segment information by business segment

Lithography Substrate Bonder Test systems
in T3 Q1/2009 Q1/2008 Q1/2009 Q1/2008 Q1/2009 Q1/2008
External Sales 16,892 21,001 4,224 5,951 4,475 5,858
Internal Sales 0 0 0 0 0 0
Total Sales 16,892 21,001 4,224 5,951 4,475 5,858
Result per segment (EBIT) 1,426 3,071 -501 784 -46 -446
Income before taxes 1,385 2,984 -501 772 -47 -457
Significant non-cash items -558 -409 -207 333 -162 43
Segment assets 59,660 65,111 23,980 23,307 12,862 17,059
– thereof Goodwill 13,599 13,599 0 0 4,168 3,908
Unallocated assets
Total assets
Segment liabilities -17,302 -21,796 -6,199 -6,097 -2,448 -5,099
Unallocated liabilities
Total liabilities
Depreciation and amortisation 590 609 350 197 75 95
– thereof scheduled 590 609 350 197 75 95
– thereof impairment loss 0 0 0 0 0 0
Capital expenditure 348 433 540 1,370 8 49
Average workforce during the period 342 357 112 115 138 159

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Segment information by region

Sales Capital expenditure Assets
in T3 Q1/2009 Q1/2008 Q1/2009 Q1/2008 Q1/2009 Q1/2008
Europe 12,555 12,514 1,305 1,467 69,507 82,961
North America 4,238 7,593 548 1,440 33,853 37,802
Japan 2,626 6,622 11 39 6,405 6,985
Rest of Asia 7,499 8,554 1 3 645 690
Rest of world 12 6 0 14 0 0
Consolidation effects 0 0 0 0 -2,544 -2,070
Total 26,930 35,289 1,865 2,963 107,866 126,368

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Total Consolidation effects Discontinued
Operations
(Device Bonder)
Continuing
operations
Others
Q1/2008 Q1/2009 Q1/2008 Q1/2009 Q1/2008 Q1/2009 Q1/2008 Q1/2009 Q1/2008 Q1/2009
35,289 26,930 795 0 34,494 26,930 1,684 1,339
0 0 -1,318 -1,300 0 0 1,318 1,300 1,318 1,300
35,289 26,930 -1,318 -1,300 795 0 35,812 28,230 3,002 2,639
1,636 -849 12 0 1,624 -849 -1,785 -1,728
1,381 -897 12 0 1,369 -897 -1,930 -1,734
-59 -921 13 0 -72 -921 -39 6
126,368 107,866 802 0 125,566 107,866 20,089 11,364
21,507 17,767 0 0 21,507 17,767 4,000 0
38,802 39,042
165,170 146,908
-37,819 -29,745 -731 0 -37,088 -29,745 -4,096 -3,796
-25,021 -26,049
-62,840 -55,794
1,031 1,343 0 0 1,031 1,343 130 328
1,031 1,343 0 0 1,031 1,343 130 328
0 0 0 0 0 0 0
2,963 1,865 0 0 2,963 1,865 1,111 969
659 2 0 712 659 81 67

Selected Explanatory Notes to the Interim Report of SUSS MicroTec AG as of March 31, 2009

1. General accounting policies

The consolidated financial statements of SUSS MicroTec AG as of December 31, 2008 were prepared in accordance with International Financial Reporting Standards (IFRSs) issued by the International Accounting Standards Board (IASB) and valid as of the balance sheet date. The interim Group financial statements as of March 31, 2009, which have been prepared in accordance with International Accounting Standard (IAS) 34 "Interim Financial Reporting", have been drawn up – with exceptions made under point 4 – using the same accounting methods as in the 2008 Group financial statements.

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All interpretations of the International Financial Reporting Interpretations Committee (IFRIC), which are mandatory as of March 31, 2009 have also been applied.

For additional information on the individual accounting methods applied, please refer to the consolidated financial statements of SUSS MicroTec AG as of December 31, 2008.

The interim financial statements were neither audited by the group's auditors, KPMG AG Wirtschaftsprüfungsgesellschaft, nor did they undergo an auditing review.

2. Changes in the Group structure

The financial statements of SUSS MicroTec AG and all of the major companies for which there is a group control option according to the control principle, irrespective of the level of participating interest, are included in the consolidated financial statements. With respect to the consolidated financial statements as of December 31, 2008, there were no changes within the consolidated group.

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Foreword
Highlights
Investor Relations
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Business Performance
Financial Report
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3. Reportable matters

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In the first quarter, SUSS MicroTec AG increased its balance of available for sale securities in an amount of 3 3.8 million. The securities concerned are corporate and government bonds bearing fixed interest. The securities purchased are all with an investment grade rating. The securities have been measured at fair value. Any fluctuations in the market price are recorded under equity in other comprehensive income and therefore do not affect profit and loss. In the first quarter of the prior year SUSS MicroTec AG purchased available for sale securities in an amount of 3 9.0 million.

In the last quarter of the prior year, SUSS MicroTec AG converted further portions of its intragroup foreign currency loans to Suss MicroTec Inc. into loans with an indefinite term. In accordance with IAS 21, instead of presenting the effects from the measurement as at the balance sheet date in the income statement, the company now presents them in other comprehensive income. Furthermore, SUSS MicroTec AG converted a portion of the existing indeterminate loan to Suss MicroTec Inc. into equity. The debt-/equity-ratio is such as to optimise the tax deductibility of the interest expense at this company.

There were in the interim reporting period no other events or matters affecting assets, debts, equity, period result or cash flow that were unusual in terms of their nature, extent or frequency.

4. Change in presentation

In the prior year, the SUSS MicroTec Group had completed its processing of the remaining orders in the Device Bonder Segment, which had been sold, and is no longer engaged in any activities in this segment. Consequently there is no longer any breakdown of the quarterly figures into continued and discontinued activities of the Group.

In contrast to the presentation in the consolidated financial statements as at December 31, 2008, in the first quarter of the reporting year SUSS MicroTec AG has, for the first time, applied hedge accounting for interest swaps. The interest swaps date from 2007 and were concluded as a hedge for the variable interest promissory notes. Instead of being recognised in the income statement, changes in market value are now shown under other comprehensive income. The change in market value of the interest swaps in the first quarter amounted to minus 3 0.2 million. After consideration of deferred taxes, comprehensive income decreased by 3 0.1 million.

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In order to comply in this interim report with the requirements of IFRS 8 Segment Reporting, which has been mandatory since January 1, 2009, the segment reporting contains for the first time a statement of the pre-tax result per segment. This enables the sum of the segment results to be reconciled with the overall consolidated result before tax.

Due to the adoption of IAS 1 "Presentation of financial Statements" the financial report was enlarged by a Statement of comprehensive income. This statement reconsults the net profit or loss to the total income and expenses reported in the reporting period.

Already in the prior year a slight adjustment has been made in the determination of the segment result, which also contains income and expenses from the translation of foreign currency and from disposals of assets. In total, the results of the segments now correspond to the operating result, i.e. EBIT, of the Group. In the first quarter of the prior year the total difference between former and modified determination of the segment result was attributed to the segment "Others". In the meantime the exact attribution to the individual segment is possible. The presentation of prior year has been adjusted accordingly.

5. Revision of estimates

If estimates were made within the scope of the interim reporting, they shall remain essentially unchanged in methodology within the fiscal year and in the fiscal year comparison.

In contrast to the method of approach at year-end, the income tax expense in each interim reporting period is recorded on the basis of the best estimate of the weighted average annual income tax rate expected for the entire fiscal year.

31
Foreword
Highlights
Investor Relations
Business Performance
Financial Report
Service
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SUSS MicroTec AG currently assumes that the expected tax rate will differ from the income tax rate of about 28%. The main reason for this difference is, that tax losses of foreign affiliates can not be capitalized as deferred tax asset.

Furthermore, there were no changes subject to reporting requirements that have a significant impact on the current interim reporting period.

6. Debenture bonds or equity securities

No issues, buybacks or repayments were effected during the reporting period, either for debenture bonds or for other equity securities.

7. Dividends paid

No dividends were paid out or proposed for disbursement during the reporting period.

8. Significant events after the close of the interim reporting period

In April SUSS MicroTec AG signed loan agreements with three banks to extend the credit line expiring on March 31, 2009. Thanks to the take-up in the syndicate of a third member, the credit line was raised from 6 million 3 to 9 million 3. At present, the necessary contracts on collateral are being drafted. The extended credit line runs until March 31, 2010, and has been approved without covenants. Its primary purpose is to finance downpayment sureties.

There were no further significant events subject to reporting requirements after the close of the interim reporting period.

9. Contingent liabilities and contingent claims

There are no contingent claims. There were no significant changes in contingent liabilities with respect to the reporting time frame of December 31, 2007.

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10.Earnings per share

The undiluted earnings per share are determined by dividing the net income for the period accruing to the shares (after minority interests) by the average number of shares.

To determine the diluted earnings per share, the profit for the period to be attributed to the shareholders (after minority interests), as well as the weighted average of the shares in circulation, must be adjusted for the effects of all potentially diluting shares.

The subscription rights issued for shares in the Company were not taken into consideration in computing the diluted earnings, since their inclusion would lead to a negative dilution effect.

11. Related parties

Dr. Richter, the chairman of the supervisory board of SUSS MicroTec AG, is also the chairman (CEO) of Thin Materials AG, which is domiciled in Eichenau. SUSS MicroTec AG entered into a cooperation agreement with this company in the first quarter. The contract governs the collaboration of the two enterprises in the area of thin wafer processing. In this connection, SUSS MicroTec AG acquired intellectual property (IP) and know-how for 3 0.9 million in the area of thin wafer handling. The capitalised IP will be amortised over five years.

Legal Structure of the Group

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Financial Calendar 2009

SCF – Small Cap Forum, Frankfurt April 28–29, 2009
Quarterly Report 2009 May 7, 2009
Analysts' Conference 2009, Hotel Hessischer Hof, Frankfurt May 7, 2009
Shareholders' Meeting, Haus der Bayerischen Wirtschaft, München June 24, 2009
Interim Report 2009 August 6, 2009
Nine-month Report 2009 November 5, 2009
German Equity Forum, Frankfurt November 9– 11, 2009

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35
Service
Financial Report Business Performance Investor Relations Highlights Foreword
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Imprint

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Published by: SUSS MicroTec AG
Edited by: Investor Relations, Finance
Concept and design: IR-One AG & Co., Hamburg, www.ir-1.com
Printer: Druckerei BluePrint Group, Munich
Translation: EnglishBusiness GbR, Hamburg

Contact

Investor Relations Fon: +49 (0)89-32007-161 e-mail: [email protected]

Forward-looking statements: These reports contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates, and projections, and should be understood as such. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution readers that a number of important factors could cause actual results or outcomes to differ materially from those expressed in any forwardlooking statement.

SUSS MicroTec AG Schleißheimer Strasse 90 85748 Garching, Germany Fon: +49 (0)89-32007-0 e-mail: [email protected]

www.suss.com

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