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Abonner Fortune Management Inc.

Fortune Management Inc.

EANS-Adhoc: Fortune Management Inc. publishes its Annual Report for 2008

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
annual report
30.04.2009
April 30, 2009 - As per 31 December 2008 FORTUNE Management Inc. 
(General Standard, ISIN: USU026281027; SIN: A0BLYY) has successfully 
accomplished the reorganization initiated in 2007. Therewith a 
comprehensive debt relief of the Group of over 55% and a complete 
dissolution of the "discontinued operations" could be achieved.
The net result before minority interest was negative with kEUR 
-18.492 (2007: kEUR -148.825), which was ultimately caused by the 
attributable losses of the discontinued operations (kEUR -25.277). 
The result of the continuing operations was positive by kEUR 6.785. 
Since the attributable interest of minorities reached kEUR -18.945 
the attributable result to equity holders is positive by kEUR 453 
(2007: kEUR -101.117).
All discontinued operations are disclosed according IFRS 5, which 
results in a strongly altered representation of the financial 
situation and results.
Today the management assumes that the successful restructuring and 
the solid debt-relief as well as the secured going concern of the 
Fortune Management Group will have a positive effect on the further 
development and activities of the Fortune Management Group.
end of ad-hoc-announcement ==========================================
====================================== Profile of FORTUNE Management 
Inc.: FORTUNE Management Inc., is a publicly listed private equity 
firm. The company’s shares (ISIN: USU 026281027) are listed in the 
General Standard segment of Frankfurt Stock Exchange (symbol: FMI1) 
and on the NASDAQ Dubai.
end of announcement                               euro adhoc

Contact:

Thomas Luber
FORTUNE Management Inc.
Phone +49 69 9441 8069
IR@fortune-management.com
c/o Fortune Services Ltd
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug

Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Frankfurt / regulated dealing/general standard

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