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Leonardo Venture GmbH & Co. KGaA

Positive trends in business at Leonardo Venture in 2007

Mannheim (euro adhoc) -

Mannheim-based early-stage financier growing into a new dimension
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
investments/Venture Capital
Leonardo Venture GmbH & Co. KGaA was well on
track during fiscal year 2007: Per IFRS, the Mannheim-based 
early-stage financier realised a profit for the year of EUR 
3,443,345. This result can be attributed to the pleasing development 
of the portfolio companies, above all VRmagic. In preparation for a 
later IPO, all the shares of VRmagic GmbH were brought into VRmagic 
Holding AG in January 2008. Whilst this transaction falls into the 
result for 2007 per IFRS standards, it will be accounted for in the 
accounting per the German Commercial Code (HGB) only in the first 
quarter of 2008. The company is thus reporting a loss for 2007 per 
HGB of EUR 3,482,430.
The other key indicators are also evidence of the growth path taken 
and are in line with the preliminary figures already published in 
March. The equity of Leonardo Venture increased as a result of the 
capital increase carried out in October to EUR 42,216,667 (per IFRS).
The equity ratio is thus around 99%. With the new holding in Weise 
Water Systems GmbH and funding of the existing portfolio companies, 
the participation volume now amounts to EUR 23,212,218.
Leonardo Venture plans to keep growing in 2008 too. "We have the 
capacities we need for our future growth," explains Prof. Dr. Udo 
Wupperfeld, founder of Leonardo Venture. "In the medium term, we plan
to expand our portfolio to about 15 companies." His colleague, Prof. 
Dr. Hans-Georg Köglmayr adds: "So we are expecting a higher number of
exits, which will make our results less dependent on the developments
in the individual portfolio companies."
end of announcement                               euro adhoc

Further inquiry note:

Peter Alex
Telefon: +49 (0) 621 833 7555
E-Mail: alex@leonardoventure.de

Branche: Financial & Business Services
ISIN: DE0005878763
WKN: 587876
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade

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