Vivacon AG

euro adhoc: Vivacon AG
Financial Figures/Balance Sheet
VIVACON AG increased net income to EUR 24.6m (+252%) in 2005

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20.02.2006

Cologne, 20. February 2006. VIVACON AG (ISIN DE0006048911) sold apartments with a total value of EUR 367.9m in FY 2005. This is an increase of 228% in comparison to 112.1m in the year before. As most of the transaction volume was realised as "share deals", volume differs significantly from revenues. In FY 2005 revenues reached EUR 85.3m (FY 2004: EUR 101.9m).

EBIT increased to EUR 40.4m (+172%) after EUR 14.8m in the year before and net income rose to EUR 24.6m (+252%) from EUR 7.0m in FY 2004. EPS grew to EUR 1.41 (+205%) from EUR 0.46 in the previous before.

The equity ratio increased from 29.1% in the previous year to 32.5% at 31th December 2005 and emphasises the group’s solid financial structure.

In total VIVACON AG sold 8,470 apartments in 2005. This is an increase of 346% in comparison to 1,899 apartments in 2004. Order backlog increased to EUR 54.0m from EUR 33.2m (+63%) in the previous year, which is a solid base for the current fiscal year.

The announced figures are subject to final confirmation by the auditors and supervisory board.

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ots Originaltext: Vivacon AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Lars Schriewer
+49 (0) 221 93761-26
lars.schriewer@vivacon.de

Branche: Real Estate
ISIN:      DE0006048911
WKN:        604891
Index:    CDAX, SDAX, Prime All Share, Classic All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / official dealing



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