Jetter AG

euro adhoc: Jetter AG
Quarterly or Semiannual Financial Statements / Jetter sales start to liven up (E)

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Jetter sales start to liven up

Ludwigsburg, 13 February 2004. Jetter AG (ISIN DE0006264005) today publishes its nine months’ report at 31 December 2003.

The third fiscal quarter sales of KEUR 3,364 indicate an imminent trend reversal. Notwithstanding the holyday season, sales were on the same level as in the second quarter, and 12% above the previous year period. From April through December 2003, Jetter reached consolidated sales of KEUR 9,784 (1 % less than in the nine months of the previous year). Earnings before Interest, Tax, Depreciation and Amortisation were a loss of KEUR -436 for the quarter. Following cost reductions, the nine months’ loss in EBIT could be drastically reduced to KEUR -2,281 (previous year: KEUR -5,566).

Jetter expects a continuing improvement in sales and earnings for the next fiscal quarters. Although prospected sales of 15-16 Mio. EUR will not be attained, the envisaged stabilisation of liquidity has already been reached. The cash-flow has been flat from 1 July 2003 to 31 January 2004, and is expected to turn positive in the near future.

The complete report in electronic form is available at the websites of Jetter (http://www.jetter.de) and Deutsche Börse (http://deutsche-boerse.com).

For additional information, please contact:

Jetter AG, Günter Eckert, CFO Tel.: +49 7141-2550-514    Fax.: +49 7141-2550-555 Email: geckert@jetter.de

end of announcement            euro adhoc 13.02.2004
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Further inquiry note: Günter Eckert

Branche: Semiconductors & active components
ISIN:      DE0006264005
WKN:        626400
Index:    CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade



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