JoWooD Productions Software AG

euro adhoc: JoWooD Productions Software AG
Annual & Special Corporate Meetings
JoWooD Productions Software AG postpones its Annual General Meeting planed for April 20th 2005

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


Due to further reconciliation with customers after the announcement of its final results, additional changes concerning the final results for 2004 were necessary.

These corrections delay the planned date of the approval of the annual accounts.

In order to disclose the final annual accounts to the shareholders on time (14 days in advance of the annual general meeting), the annual general meeting planed for April 20th 2005 has to be moved to May 19th 2005.

The Executive Board of JoWooD confirmed the fact that the decision to delay is not related with the ongoing day to day business or any further market activities.

The necessary corrections only affect the year 2004 and have to be considered within the annual accounts 2004.

The final result in details:
Sales                                                 +17.2 Mio EUR
Cost of Sales                                   - 5.4 Mio EUR
Development Costs                       -12.8 Mio EUR
Gross Profit                                     -1.1 Mio EUR
EBIT prior to restructuring           -8.7 Mio EUR
Restructuring Result                         -7.7 Mio EUR
Financial Result                         -1.1 Mio EUR
Amortization of tax assets           -5.7 Mio EUR
Result                                                 -23.1 Mio EUR

Balance sheet total 39.9 Mio. EUR; active deferred taxes 6.6 Mio. EUR; products, finished and unfinished goods 17.4 Mio. EUR; cash and shares 2.6 Mio. EUR; receivables 10.9 Mio. EUR; Equity ratio 43%

end of announcement                                euro adhoc 18.04.2005 11:08:24

Further inquiry note: JoWooD Productions Software AG Dr. Albert Seidl, Vorstand Mag. Oliver Ruetz, Investor Relations Tel.: +43 (0)3614 2966 1016

Branche: Software
ISIN:      AT0000747357
WKN:        074735
Index:    WBI, ATX Prime, ViDX
Börsen:  Berliner Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Frankfurter Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Wiener Börse AG / official dealing

Weitere Meldungen: JoWooD Productions Software AG

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