Air Berlin PLC

euro adhoc: Air Berlin PLC & Co Luftverkehrs KG
Mergers - Acquisitions - Takeovers
Air Berlin takeover of dba - earnings surge in the second quarter - The networks of both companies complement each other perfectly - dba to operate independently under

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@


Frankfurt, 17th August - Air Berlin PLC has acquired 100 per cent of the shares in dba Luftfahrtgesellschaft Munich. On the occasion of the dba acquisition, Air Berlin PLC is to publish its report for the second quarter of 2006 earlier than scheduled, on Thursday. In the period between April to June of this year, Air Berlin PLC achieved a turnover of 401 million euros. In the comparable period of 2005, the equivalent figure was 330 million euros. On a cumulated basis, the turnover in the first half-year increased from 545.8 million euros (2005) to 625 million euros (2006). In the second quarter, EBIT was 44.8 million euros after 8.8 million euros in the comparable period of the previous year. In a six-month comparison, the operating loss which is traditionally generated in air travel in the first quarter, narrowed from 28.2 million euros to 12.9 million euros. The net result in the second quarter of the current year was 30.1 million euros. In the comparable period of the previous year, the figure was -4.2 million euros. On a cumulative basis in the first half-year of 2006 a minus of 1 million euros was generated (2005: -43.1 million euros). Here it should be taken into account that the final IPO costs of 13.7 million euros are included in the second quarter. The acquisition of dba will not result in any additional charges for the Air Berlin result so that the management continues to expect a considerable profit for the 2006 financial year.

Consolidated Statements of Income

@@start.t2@@                                            1.1.-30.6.06 1.1.-30.6.05 1.4.-30.6.06 1.4.-30.6.05
                                                  in TEUR         in TEUR         in TEUR    in TEUR
Revenue                                    624.989        545.805         400.987          329.825
Other operating income                3.639          2.940                672              1.581
Operating expenses                 -641.572      -576.911        -356.815         -322.594
Result from operating
activities                                -12.944        -28.166          44.844              8.812
Financial expenses                  -25.168         -9.903         -19.668            -5.314
Financial income                         2.805              758            1.847                 379
Foreign exchange gains, net      14.222        -11.938            9.332            -6.577
Net financing costs                  -8.141        -21.083          -8.489          -11.512
Share of profit of associates        484                 2              -168                    0
Loss before tax                        -20.601        -49.247          36.187            -2.700
Income tax benefit                    19.641          6.148          -6.090            -1.484
Loss for the period                      -960        -43.099          30.097            -4.184
Air Berlin will publish more information on the closing for the half-year from
10:00 h (CEST) in the internet at Investor Relations@@end@@

@@start.t3@@end of announcement                                                 euro adhoc 17.08.2006 06:38:02

ots Originaltext: Air Berlin PLC & Co Luftverkehrs KG
Im Internet recherchierbar:

Further inquiry note:
Ingolf T. Hegner
Head of Investor Relations
+49  (0)30 3434 1532

Branche: Air Transport
ISIN:      GB00B128C026
WKN:        AB1000
Index:    CDAX
Börsen:  Frankfurter Wertpapierbörse / official dealing

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