Pongs und Zahn AG

euro adhoc: PONGS & ZAHN AG
Quarterly or Semiannual Financial Statements
Second quarter result in the blacks (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- With total revenues of Euro 17.3 mill. in current period's second quarter (prior year's 2nd quarter: Euro 21.1 mill.) our company achieved an operating result of TEUR 156 (1st quarter 2002: TEUR - 25). Regarding the first six months of current year this means a decline of total revenues by 3.5%. Nevertheless, the sales value from January to June 2002 equals already 54% of total 2001 revenues which distinctly reflects the downward price-movements of petrochemical products that started with 3rd quarter last year. As far as markets relevant to us are concerned, we expect the remaining months of this year to be characterised by stable demand with slightly increasing prices. The production capacities should be better utilized in average during the whole year than during the first six months. Thus, we forecast a balanced result for our company group in total 2002. Berlin, August 28th, 2002 Chief Executive Officer More information and semi-annual report obtainable at: Pongs & Zahn AG ** Div. IR+PR ** Brigitte Denninger ** Friedrichstraße 90 ** 10117 Berlin Tel.: 030.20253502 ** Fax: 030.20253537 ** E-Mail: office@pongsundzahn.de ** Internet: www.pongsundzahn.de end of announcement euro adhoc 28.08.2002 --------------------------------------------------------------------- Further inquiry note: Brigitte Denninger Tel.: 030-20 25 35 02 Fax: 030-20 25 35 37 Branche: Synthetics & Plastics ISIN: DE0006954001 WKN: 695400 Index: SDAX Börsen: Baden-Württembergische Wertpapierbörse / free trade Bayerische Börse / free trade Berliner Wertpapierbörse / free trade Bremer Wertpapierbörse (BWB) / free trade Hamburger Wertpapierbörse / free trade Börse Düsseldorf / official dealing Frankfurter Wertpapierbörse / official dealing

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