Fortune Management Inc.

euro adhoc: Fortune Management Inc.
Fortune sells Telephone Management Systems Ltd. to Management

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Zug/Switzerland, January 3,  2006 - Fortune Management Inc. (General Standard, ISIN USU026281027, SIN: A0BLYY) sold all of its shares in Telephone Management Systems Ltd. ("TMS") to the Austrian HCS Hotel Communication Systems GmbH, Ellmau ("HCS") effective from December 31, 2005. Mr. Ullrich Beckmann, Executive Chairman of TMS, is the shareholder of HCS. HCS intends to transfer a part of the acquired shares to the existing TMS-Management.

With this transaction, Fortune completes its process to focus on asset management and private equity.

End of ad hoc release

Profile of the Fortune Management Inc.: FORTUNE Management Inc, Zug/Switzerland, pursues two parallel consolidation strategies: In the Asset Management division the acquisition of independent asset management companies operating in Switzerland and abroad is in the centre of the interest; in the Private Equity segment Fortune focuses on the acquisition or establishment of private equity managers and funds on a global scale. Both operations work from the same platform. FORTUNE has subsidiaries in Zug, Zurich, Geneva and Dubai. The company targets the acquisition of a majority share in the asset management or private equity companies. With the integration into the group, the acquired companies of both segments are relieved from as much administrative work ("middle office") as possible. They continue to operate in the market under their established trade name. Neither the customer nor the custodian bank relationships of the asset managers are altered.  The realized economies of scale result in improved cost ratios. In the Asset Management division the support in the areas of research as well as portfolio management aims to enhance the risk-adequate return for the asset managers’ clients. In the Private Equity segment the companies achieve an increase in volume and a broadening of their base.

The shares (ISIN: USU 026281027) of the company are listed at the Geregelter Markt [Regulated Market] (General Standard) of the Frankfurt Stock Exchange.

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ots Originaltext: Fortune Management Inc.
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Further inquiry note:
For further information:
Fortune Management Inc.
Christian Hillermann
Investor Relations Manager

Tel.: +49 40 / 23608-897
Fax:  +49 40 / 23608-500

Branche: Financial & Business Services
ISIN:      USU026281027
WKN:        A0BLYY
Index:    Prime All Share, HDAX, CDAX
Börsen:  Börse Berlin-Bremen / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Frankfurter Wertpapierbörse / regulated dealing/general

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