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GESCO AG

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

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

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