24.06.2004 – 08:32

Jetter AG

euro adhoc: Jetter AG
Annual Reports
After a strong fourth quarter, Jetter begins new fiscal year with record orderbook (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

Ludwigsburg, 24 June 2004. Jetter AG (ISIN DE0006264005) today
publish their business report for the full fiscal year ended 31 March
2004. In the fourth quarter, the group realised sales of KEUR 3,768,
12 % more than in the preceding quarter. It should be stressed that
EBITDA (earnings before interest, tax, depreciation and amortisation)
for the quarter at KEUR 285 is decidedly positive for the first time
in three years (previous quarter: KEUR -436). EBIT was KEUR -43 for
the quarter and KEUR -2,324 for the year. The consolidated loss for
the year of KEUR -1,759 is 74 % lower than in the previous year (KEUR
-6,861).

Management interprets this development as the confirmation of the
announced positive trend-reversal through increasing acceptance of
the JetWeb technology. This view is supported by the highest order
intake in the company’s history during the first quarter of the new
fiscal year, amounting to 5.7 Mio. EUR, which could announce a phase
of sustainable growth. A significant part of these orders concern an
important new JetWeb customer. The current quarter, though, will be
marked by expenses for the new orders, which are to be shipped and
invoiced only after 1 July. The orderbook today amounts to 5.3 Mio.
EUR, 87 % more than on 31 March. The complete report in electronic
format can be downloaded from the company’s website
(http://www.jetter.de) or from the Deutsche Börse site
(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 24.06.2004

Further inquiry note:

Günter Eckert
Tel.: +49-7141-2550-514

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