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Quarterly or Semiannual Financial Statements
Jetter formalises Lumberg Co-operation, improves result (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Ludwigsburg, 13 February 2003 - Jetter AG (Neuer Markt: JTT) today
reports its third business quarter ended 31 December, registering
further results of its cost cutting measures. Although the
traditionally weak third quarter brought no significant change in
sales, operating loss was 8 % less than in the corresponding quarter
of the previous year. Jetter expects another distinct improvement for
the last quarter of the business year, because the cost cutting
measures taken in the late summer of 2002 will yield their full
potential as from January 2003.
In January 2003, the contracts finalising the co-operation with
Lumberg Automation Components GmbH & Co. KG, announced in December,
have already been signed, including the acquisition by Lumberg of a
share in Jetter. The co-operation, which foresees among others a
pooling of the respective sales organisations, will provide Jetter
with a broadened global market access through a completed product
portfolio, especially for JetWeb products, which are meanwhile proven
in various projects.
In the first nine months of the business year, Jetter registered
sales of KEUR 9,897. EBIT for the nine months was a loss of KEUR
-5,566, after one-time restructuring costs of KEUR 850.
The complete interim report in electronic form is available at the
websites of Jetter ( and Deutsche Börse
For additional information please contact:
Jetter AG, Günter Eckert, CFO
Tel.: +49 7141-2550-514   Fax.: +49 7141-2550-555
end of announcement        euro adhoc 13.02.2003

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

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