Ad-hoc | 20 November 2000 14:09

Ad hoc-Service: Hunzinger Information AG Engl

Ad hoc-announcement edited and sent by DGAP. The sender is responsible for the content of this announcement. —————————————————————————— Hunzinger Information AG – Q3 2000 – Consolidated total operating revenues at last year’s level, consolidated revenues down – One-off expenses for strategic reorientation depressed earnings – Positive growth in all divisions – “infas” and action press continue their upwards trend Frankfurt am Main, November 20, 2000 – Hunzinger Information AG, a Neuer Markt-listed company, reported consolidated total operating revenues of DM 34.7 million (previous year: DM 34.6 million) and consolidated revenues of DM 30.8 million (previous year: DM 33.2 million) at the end of the third quarter. The Public Relations and Political Communication division recorded a strong increase in revenues in Q3 – up from DM 11.6 million to DM 18.1 million – after the dip in the first half of the year. The Public Opinion, Market and Social Research division, which includes “infas” Institut für angewandte Sozialwissenschaften GmbH (Bonn/Bad Godesberg), recorded exceptionally positive growth with total operating revenues of DM 7.8 million, 42% up on the same period of the previous year. This means that at the end of Q3, this division has already almost equaled its total operating revenues for the whole of 1999 (DM 8 million). action press gmbh & co. kg (Hamburg) – one of the leading agencies for digital press photos and photo reports – contributed DM 9.1 million to consolidated revenues. This company’s growth rate of 10% is directly in line with forecasts. In spite of the positive growth in all of its divisions, the Group recorded a consolidated net loss (IAS) of DM 2.9 million (previous year: plus DM 2,25 Mio.) at the end of the third quarter (prior to the extraordinary write-down of action press’s image portfolio for tax purposes). The contributing factors are one-off expenses incurred by the holding company as a result of the reorganization of the group structure announced at the end of 1999, the group’s strategic reorientation to become a systems supplier for transporting text and images via the Internet, investment in its network of Eastern European branch offices and consulting costs in advance of planned acquisitions. The PR division booked DM 0.9 million in losses on bad debts in Q3, primarily caused by new economy clients acquired in 1999. The company will probably not be able to offset its around DM 6 million of booked business in the current fourth quarter, with the result that it will not be able to reach its target revenues of DM 53.6 million forecast for 2000 – this will, however, have a positive effect in 2001. As a result, the company will not be able to fully compensate for the consolidated net loss in the third quarter. Hunzinger Information AG had a total of 141 permanent employees and around 700 freelance employees (including 600 press photographers) during the period under review. A joint venture between BGAG Beteiligungsgesellschaft der Gewerkschaften AG and Deutscher Beamtenbund (DBB) holds 10% of Hunzinger Information AG’s shares, as does Gold-Zack AG, an M-DAX-listed company. The founder of the company holds a further 42.8% of the shares, with 37.2% of the shares in free float. HUNZINGER INFORMATION AKTIENGESELLSCHAFT – The Managing Board – Moritz Hunzinger Menno Smid (Dipl.-Soziologe) Dr. Ingo A. Schwarz (Dipl.-Informatiker) Hunzinger Information Aktiengesellschaft 60322 Frankfurt am Main, Holzhausenstrasse 21 Germany Telefon +49/(0)69/152003-20, Telefax +49/(0)69/152003-33 www.hunzinger.de, info@hunzinger.de, German securities code (WKN) 609 710 (HUZG.F) End of Message