Fortune Management Inc.

euro adhoc: Fortune Management Inc.
Financial Figures/Balance Sheet
Fortune Management┬ĺs net income for 2006 rise 92.8%, totaling EUR 22.8 million

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Zug, Switzerland, 17 April 2007 - The Fortune Management Group (General Standard, ISIN USU026281027, USU026281365, USU026281779; SIN: A0BLYY, A0ETG9, A0JC62) succeeded in increasing its net income in the past fiscal year by 92.8% to EUR 22,803,000 (fiscal 2005: EUR 11,830,000). The undiluted result per share came to EUR 0.23 EUR after EUR 0.16 EUR in the previous year.

Sales rose in particular due to the first-time consolidation of the bio-diesel activities to EUR 47,425,000 (2005: EUR 2,876,000). Gross profit came to EUR 863,000 (2005: EUR 2,624,000). Despite distinctly higher general administrative expenses (2005: EUR 7,250,000 as opposed to EUR 29,203,000 in 2006), an operating result of EUR 20,681,000 (2005: EUR 11,305,000) was posted due to other income amounting to EUR 50,199,000 (2005: EUR 19,861,000. Other income is made up primarily of the required fair value assessment of the first-time consolidation of the bio-diesel activities in fiscal 2006 according to IFRS 3 (Business Combinations),.

Total assets per 31 December, 2006 rose to EUR 365,667,000 (31 December 2005: EUR 85,714.000); the equity ratio amounted to 24.5% (31 December 2005: 60.3%). Liquid funds of the Fortune Management Group climbed to EUR 31,002,000 (31 December 2005: EUR 18,475,000).

In fiscal 2006, the Fortune Management Group laid the foundation for a continued positive business performance.

End of ad hoc release

Profile of FORTUNE Management Inc.: FORTUNE Management Inc., Zug/Switzerland, is a publicly listed private equity firm. Its two business divisions are Private Equity Management and Principal Investments. Private Equity Management achieves consistent revenues from the management of specialised funds, whereas Principal Investments comprises direct investments (e.g. in bio-diesel manufacturer GATE or in the Swiss asset managers Fortune Wealth Management Group AG) with a view to capital gains. FORTUNE Management Inc. has subsidiaries in Zug, Zurich, Geneva, Luxemburg, Rotterdam, Santiago de Chile, W├╝rzburg and Vienna, as well as a branch in Dubai. The company┬ĺs shares (ISIN: USU 026281027) are listed in the General Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on the DIFX in Dubai.

Contact: FORTUNE Management Inc. Mark K├╝bler Phone +41 41 727 10 40 Bahnhofstrasse 10 P.O. Box 324 CH-6301 Zug

NewMark Finanzkommunikation GmbH Hubertus V├Ąth Phone: +49 69 94 41 80 Robert-Mayer-Stra├če 48-50 60486 Frankfurt am Main

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ots Originaltext: Fortune Management Inc.
Im Internet recherchierbar:

Further inquiry note:
Michael Staab
New Mark Finanzkommunikation
Tel.: +49(0)69 94418097

Branche: Financial & Business Services
ISIN:      USU026281027
WKN:        A0BLYY
B├Ârsen:  B├Ârse Berlin-Bremen / free trade
              Baden-W├╝rttembergische Wertpapierb├Ârse / free trade
              B├Ârse D├╝sseldorf / free trade
              Frankfurter Wertpapierb├Ârse / regulated dealing/general

Weitere Meldungen: Fortune Management Inc.

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