Vivacon AG

euro adhoc: Vivacon AG
quarterly or semiannual financial statement
VIVACON AG increases EBIT from EUR 1.2m to EUR 12.1m in Q2 2006

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14.08.2006

Ad-hoc-Announcement according to § 15 WpHG

VIVACON AG increases EBIT from EUR 1.2m to EUR 12.1m in Q2 2006

Cologne, 14 August 2006. VIVACON AG (ISIN DE0006048911) has achieved the best Q2 result in the company’s history. Selling volume of notarized residential units rose to EUR 115.2m in Q2 2006 versus EUR 8.5m in the same period of last year. Revenues in Q2 2006 amounted to EUR 41.6m, which is an increase of 389% against EUR 8.5m in Q2 2005. EBIT and net income increased approximately tenfold in Q2 2006 compared to the same quarter last year. EBIT amounted to EUR 12.1m in Q2 2006 compared to EUR 1.2m in the same period of the preceding year. Net income amounted to EUR 6.5m in Q2 2006 against EUR 0.6m in Q2 2005.

Earnings per share in Q2 2006 increased to EUR 0.34 versus EUR 0.03 over last year.

Accordingly, H1 figures read as follows: Selling volume of notarized residential units increased to EUR 127.2m (H1 2005: EUR 10.8m) and revenues amounted to EUR 55.8m following EUR 12.7m in H1 2005. EBIT improved to EUR 10.7m (H1 2005: EUR 6.9m) and net income rose to EUR 4.3m in H1 2006 in comparison to EUR 3.7m in H1 2005. EPS amounted to EUR 0.23 following EUR 0.22 in the same period of last year.

As of 30 June 2006, order backlog grew to EUR 58.7m, an increase of 87% compared to EUR 31.3m at the end of H1 2005.

Traditionally VIVACON AG has wide swings in its quarterly earnings due to the project-based nature of its business with most of the earnings falling into the second half of the year. For 2006, management confirms its communicated guidance for the full year.

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

Further inquiry note:
Lars Schriewer
Direktor Kommunikation
Tel: + 49 221 130 5621 631
Lars.Schriewer@vivacon.de

Sven Annutsch
Leiter Corporate Finance
Tel: + 49 221 130 5621 630
Sven.Annutsch@vivacon.de

Vivacon AG
Bayenthalgürtel 4
50968 Köln
Fax: + 49 221 / 130 5621 950
www.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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