25.11.2002 – 08:05

Jetter AG

euro adhoc: Jetter AG
Quarterly or Semiannual Financial Statements
Jetter further improves result from operations (E)

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

Ludwigsburg, 25 November 2002 - Jetter AG (Neuer Markt: JTT) notes
the ongoing success of its cost-savings. The quarter at 30 September,
which is being reported today, had to absorb restructuring costs of
KEUR 850, however. But this is a one-time effect and only partially
cash-relevant and will lead to sustainable savings of considerable
impact. Without these costs, result for the six months would have
been in line with the same period of the previous year. Considering
that in the previous year, Jetter had capitalised about EUR 1 Mio. of
development cost, the improvement in the cost structure can clearly
be seen. Development cost is no longer capitalised in the current
year, because large portions of JetWeb development are meanwhile
finished and the products being marketed. As of 2003, the savings
from the restructuring will further improve the profit situation
significantly.

Due to the economy, sales remain lacklustre and on last year’s level.
In the first six months of the fiscal year, Jetter recorded sales of
KEUR 6,897. EBIT for the six months is KEUR -2,434, including
one-time restructuring costs of KEUR 850.

The complete interim report in electronic form is available at the
websites of Jetter (http://www.jetter.de) and Deutsche Börse
(http://deutsche-boerse.com).

For additional information please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514   Fax.: +49 7141-2550-555
E-Mail:  geckert@jetter.de

end of announcement        euro adhoc 25.11.2002

Further inquiry note:

Günter Eckert

Branche: Semiconductors & active components
ISIN: DE0006264005
WKN: 626400
Index: CDAX Gesamtindex, CDAX Technology, Nemax All Share, Nemax Technology
Börsen: Baden-Württembergische Wertpapierbörse / free trade
Berliner Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Hamburger Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / Neuer Markt