GESCO AG

euro adhoc: GESCO AG
Earnings Forecast
GESCO AG expects to outperform the budget for financial year 2003/2004 (E)

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Wuppertal, 4 February 2004 - On the basis of the nine-month figures, the Prime Standard-listed holding company GESCO AG is expecting to exceed the target figures announced at the accounts press conference on 26 June 2003. For financial year 2003/2004 as a whole (1 April 2003 to 31 March 2004), the company is anticipating sales slightly above the forecast EUR 166 million and Group net income more than 10% above the target of EUR 3.2 million. The interim report for the first nine months (1 April to 31 December 2003) will be published on 12 February 2004, while the annual financial statements will be presented at the accounts press conference on 24 June 2004.

end of announcement            euro adhoc 04.02.2004
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Further inquiry note: Oliver Vollbrecht Leiter Investor Relations T.: +49(0)202 24820 18 info@gesco.de

Branche: Economy, Business & Finance
ISIN:      DE0005875900
WKN:        587590
Index:    CDAX, Classic All Share, Prime All Share, Prime Standard
Börsen:  Börse Düsseldorf / official dealing
              Frankfurter Wertpapierbörse / official dealing
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade



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