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GESCO AG

euro adhoc: GESCO AG
Earnings Forecast
GESCO AG increases annual forecast

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
31.10.2006
Wuppertal, 31 October 2006 - The partners of Gewerbepark Wilthener
Straße GmbH, Bautzen, in which GESCO AG holds a 40% participation,
have sold the company to ANTAN Real Estate with effect from today.
Based on the one-off earnings from the sale, GESCO AG is increasing
its forecast for group net income for financial year 2006/2007
(01.04.2006 - 31.03.2007) from around EUR 9.8 million to around EUR
11.8 million, equating to an increase in earnings per share from EUR
3.56 to EUR 4.29.
end of announcement                               euro adhoc 31.10.2006 18:21:10

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
Börsen: Baden-Württembergische Wertpapierbörse / regulated dealing
Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

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