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Hypoport AG

Growing against the market trend Hypoport Group: Key figures for the period ending 30 June 2008

Berlin (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/finances/stock market/interim report
15 August 2008 - The global real estate and
financial crisis, soaring energy prices and forecasts of a downswing 
in the economy are unsettling clients. The result is a marked 
reticence to invest in capital goods and, in consequence, less demand
for financing as shown by the most recent figures published by 
Bundesbank. Its innovative business models have enabled Hypoport 
Group to significantly improve its market position and gain 
additional market shares in spite of this environment. According to 
Prof. Dr. Thomas Kretschmar, Co-CEO of Hypoport AG: "In light of the 
current environment, we are extremely satisfied with the development 
of our business".
Key figures
Compared with the first six months 2007, Group revenues increased by 
32 %, amounting to EUR 25.1 million for the first half 2008. As such,
the Group has already virtually matched its result for the entire 
year 2006 (EUR 26.3 million) in the first two quarters alone. The 
considerable increase in sales-related expenditure and ongoing 
investments in new business models, such as EUROPACE for the 
Netherlands and for investors, caused earnings before interest and 
taxes to decline to EUR 1.6 million.
Private clients business unit is growing
The number of customers that contacted Dr. Klein, the internet-based 
subsidiary of the Group, to enquire about financial service products 
increased strongly to 1.5 million in the first half year. These leads
form the basis for the successful online, telephone and branch office
sales of the Group. Hypoport Group witnessed the strongest growth in 
its "other financial service products". These include financial 
investments, loans for new cars or smaller modernisation measures, 
but also insurance policies or current accounts. Associated revenues 
increased by more than 120% compared with the first half 2007.
The Group significantly expanded its advisory capacity again in the 
2nd quarter in order to ensure that all potential customers are 
provided with the highest possible level of qualified advice: 38 
telesales agents and 114 branch offices with 223 advisors, together 
with a network of 1,605 independent financial advisors working in 
agency sales. Dr. Klein was recently awarded top marks for the 
quality of its advice from various institutions, including Stiftung 
Warentest.
EUROPACE platform: successful and neutral
The internet-based EUROPACE marketplace operated by Hypoport Group 
was also able to grow against the general market trend. Transaction 
volumes increased to EUR 3.6 billion in the 2nd quarter (EUR 3.2 
billion year-on-year). The product category instalment loans 
witnessed particularly positive development, more than doubling its 
volume to EUR 0.26 billion in the second quarter compared with the 
same period last year (Q2 2007: EUR 0.11 billion). Ronald Slabke, 
Co-CEO of Hypoport AG, explains the most recent developments: "We 
expect the expansion of the range of services we offer in packaging, 
our Starpool joint venture with DSL Bank, the agency sales of 
Deutsche Postbank and the acquisition of Interhyp AG by the ING Group
to provide further growth momentum to the - now more than ever - 
central and independent marketplace for mortgage financing over the 
coming quarters".
Marked increase in the number of employees
The Group reports a further satisfactory increase in the shape of its
headcount. Over the last 12 months, Hypoport Group has created more 
than 100 new jobs, primarily at its two main offices in Berlin and 
Lübeck. This equated to an increase of 29% to a headcount of 441 
within just one year. Ronald Slabke: "We are delighted that our 
development in a generally weak environment is a clear sign of the 
benefit of highly qualified jobs in Germany. Our company attracts 
high performers. And these are exactly the people we need to continue
our successful progress."
Note:
The interim report for the 2nd quarter can be downloaded from the 
internet at www.hypoport.com in the section "Investor Relations - 
Publications".
end of announcement                               euro adhoc

Further inquiry note:

Karen Niederstadt
Group Communications Director
Telefon: +49(0)30 42086-1930
E-Mail: karen.niederstadt@hypoport.de

Branche: Financial & Business Services
ISIN: DE0005493365
WKN: 549336
Börsen: Börse Frankfurt / regulated dealing/prime standard

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