28.09.2006 – 07:37

ESCADA AG

euro adhoc: ESCADA AG
quarterly or semiannual financial statement
ESCADA’s positive trend at sales and earnings continues in third quarter 2005/2006

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

28.09.2006

Aschheim/Munich, September 28, 2006 - The positive business
performance of the first six months continued also during the third
quarter 2005/2006 at ESCADA AG (reporting date: October 31, 2006).
For the first nine months the women´s luxury fashion manufacturer
records Group sales of 490.0 million Euro, a plus of 5.9% on the same
period of last year (462.6 million Euro). Sales for the third quarter
come to 157.9 million Euro, which is 5.3% more than over the same
quarter of last year (150.0 million Euro).

ESCADA Group’s operative earnings before interest, tax, depreciation
and amortization (EBITDA) continues to grow stronger than sales.
EBITDA for the first nine months climbs to 50.5 million Euro, an
increase of 10.8 % (same period of last year: 45.6 million Euro).
EBITDA for the ESCADA brand grows by 10.0 % to 36.3 million Euro
(same period of last year: 33.0 million Euro). Despite the start-up
costs for the expansion of its own retail and positive extraordinary
effects in the same period of the previous fiscal year 2004/2005, the
PRIMERA Group still manages to lift EBITDA slightly from 14.0 million
Euro to 14.2 million Euro.  Third quarter EBITDA for the ESCADA Group
totals 13.6 million Euro (previous year: 12.0 million Euro, a plus of
+13.3 %).

The Group’s profit before taxes and one-time expenses for the nine
months comes to 22.3 million Euro, which is 11.5% higher than the
same period of last year (20.0 million Euro). Taking into account
one-time valuation adjustments in the balance sheet in the second
quarter - above all for inventories - profit before taxes stands at
10.8 million Euro.

The Board of Management takes business performance of the first nine
months to be an affirmation of its targets for the full fiscal year
2005/2006. The Board of Management estimates sales to grow in the mid
single-digit percentage region and reckons EBITDA to increase by
around 10%. Group profit after taxes is expected to record a positive
figure.

end of announcement                               euro adhoc 28.09.2006 07:05:00

Further inquiry note:

Viona Brandt
Tel.: +49 (0)89 9944 1336
E-Mail: viona.brandt@de.escada.com

Branche: Clothing
ISIN: DE0005692107
WKN: 569210
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / official dealing