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Hypoport AG

EANS-News: Hypoport AG
EUROPACE shows that the market is recovering

Berlin, 19 April 2010 (euro adhoc) -

The transaction figures from the EUROPACE platform indicate that the 
market for mortgages stabilised towards the end of the quarter. 
Personal loans and building society accounts are also becoming 
increasingly popular.
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
Subtitle: The transaction figures from the EUROPACE platform indicate
that the market for mortgages stabilised towards the end of the 
quarter. Personal loans and building society accounts are also 
becoming increasingly popular.
The total volume of financing
transactions processed in the EUROPACE marketplace amounted to about 
Euro 3.04 billion in the first quarter 2010. As such, the volume has 
remained virtually stable and is a mere 0.16 percent lower by 
quarter-on-quarter comparison. This moderate development is due, 
above all, to the fact that mortgage transactions were still 
declining slightly at the start of the quarter.  Currently, the 
volume of mortgage transactions amounts to Euro 2.473 billion, 
equivalent to a 6 percent decline by quarter-on-quarter comparison. 
According to Thilo Weigand, member of the Management Board and 
responsible for the Financial Service Providers business unit at 
Hypoport AG: "Compared with the slumps witnessed in past quarters, 
this indicates that the market is returning to normal." Both building
society accounts and personal loans continue to show satisfactory 
development. Compared with the previous quarter, personal loans 
increased by 15.38 percent in the first quarter 2010 to their current
volume of Euro 360 million. This equates to a rise of 19.6 percent 
over the figure posted for the same quarter last year. Building 
society accounts increased by 554.8 percent compared with the same 
quarter last year. In a quarter-on-quarter comparison with the fourth
quarter 2009, the latest addition to the EUROPACE platform increased 
its volume by another 107.2 percent to its current level of Euro 203 
million.
About Hypoport AG Hypoport Group is an internet-based all-round 
financial services provider based in Berlin. The Group employs some 
450 people. The company has been listed in the Prime Standard on 
Deutsche Börse since the end of 2007. Its business model consists of 
two reciprocally beneficial pillars - the sale of financial products 
(Dr. Klein & Co. AG) and the provision of a platform for transacting 
financial products via the internet. Hypoport operates the EUROPACE 
B2B financial marketplace, which is the largest German online 
platform for transacting financing products. A fully integrated 
system links more than 40 product providers with several thousand 
financial advisors, thus enabling the quick and direct agreement of 
contracts. The platform's highly automated processes generate 
considerable cost benefits. Nowadays, EUROPACE processes some 400 
financing transactions every day. Hypoport AG publishes the monthly 
house price index (HPX) based on real transaction data. A list of the
banks and service providers that use the platform can be downloaded 
from www.hypoport.de, as can the Annual Report 2008.
end of announcement                               euro adhoc

Further inquiry note:

Michaela Reimann
Group Communications Manager
Telefon: +49 (0) 30 42086 1936
E-Mail: michaela.reimann@hypoport.de

Branche: Financial & Business Services
ISIN: DE0005493365
WKN: 549336
Börsen: Frankfurt / regulated dealing/prime standard

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