Ad-hoc | 27 February 2006 20:11

MPC Münchmeyer Petersen Capital AG: MPC Capital AG will again pay out EUR 4.00 per share

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— MPC Capital AG will again pay out EUR 4.00 per share – 2005 result allows for consistent dividend policy – 2005 sales and earnings down on the previous year as expected – Outlook 2006 Hamburg, February 27, 2006 – MDAX-listed financial service provider MPC Münchmeyer Petersen Capital AG generated earnings per share of EUR 4.10 (2004: EUR 4.93) in fiscal 2005. At today’s joint meeting, the Management Board and the Supervisory Board decided to propose to the Annual General Meeting on May 4, 2006 to pay out a dividend of EUR 4.00 per share again. The consolidated financial statements, which were officially approved today, show sales of EUR 191.3 million, down 20% on the previous year‘s EUR 240.2 million as had been expected. At EUR 57.8 million, earnings before interest and taxes (EBIT) were down 20% on the previous year‘s EUR 72.0 million. Consolidated net income for the year declined by 17% from the previous year’s EUR 52.3 million to EUR 43.5 million. As of the balance sheet date, the MPC Capital Group’s total assets amounted to EUR 187.2 million (2004: EUR 176.8 million). The equity ratio stood at 72.8% (2004: 76.5%). The balance sheet shows EUR 136.3 million in equity capital (2004: EUR 135.3 million). Key figures for FY 2005 In EUR thsd. Dec. 31, Dec. 31, +/- 2005 2004 Sales 191,316 240,227 -20% EBIT 57,756 72,008 -20% Net income for the year 43,477 52,293 -17% Earnings per share in EUR 4,10 4,93 -17% Dividend in EUR 4,00 4,00 0% Total assets 187,189 176,779 +6% Equity capital 136,328 135,251 +1% Headcount (average) 215 182 +18% For the current fiscal year, the Management Board expects a placement volume of EUR 950 million to 1 billion (2005: EUR 974 million) and a net income of between EUR 36 and 39 million (2005: EUR 43.5 million). ————————————————————————— Informationen und Erläuterungen des Emittenten zu dieser Ad-Hoc-Mitteilung: The excellent 2005 result is based on EUR 974 million in equity placed (2004: EUR 1.093 billion), which made the Hamburg-based issueing house the German market leader in closed-end investment schemes for the third consecutive year. Business segment in EUR m 2005 2004 +/- Real estate funds 409 494 -17% thereof Real Estate Opportunity 117 0 — Corporate investments 327 410 -20% thereof ship investments 310 397 -22% Life insurance funds 118 142 -17% Structured products 62 0 — Private equity funds 38 20 +90% Investment funds 20 28 -29% TOTAL 974 1.093 -11% *Deviations due to rounding With EUR 409 million in capital raised, real estate funds were once again MPC Capital AG’s strongest product group in 2005 and accounted for 31% of total sales (2004: 44%). EUR 310 million in equity was placed in the ship investments segment, which contributed 42% to total sales (2004: 42%). With EUR 118 million in equity placed, life insurance funds were the third strongest product group and contributed 13% to total sales (2004: 12%). Launched for the first time in 2005, structured products (hedge fund bonds) accounted for 1% of total sales. Sales generated outside Germany represented 11% of total sales, up from approx. 10% in the previous year. Since 1994, some 120,000 customers (2004: 97,000) have invested approx. EUR 4.8 billion in 224 funds with a total investment volume in excess of EUR 12 billion. “Apart from the second best result, 2005 will go down in the history of our company as the year of new product developments. Never before have we launched three products in the market in a single year. The Real Estate Opportunity Fund, the Fortrust Note and the UK life insurance fund reflect the ability and the willingness to innovate of the whole MPC Capital team. We are especially pleased that we have been able to stick to our consistent dividend policy by paying out a dividend of EUR 4.00 per share,” said Dr. Axel Schroeder, Chairman of the Management Board of MPC Capital AG. Outlook on 2006 MPC Capital expects to place equity in the range of EUR 950 million to EUR 1 billion in fiscal 2006. Net income for the year is projected to amount to between EUR 36 million and EUR 39 million, which would represent earnings per share of EUR 3,40 to EUR 3,68. The Management Board plans to stick to its shareholder-friendly dividend policy in the current fiscal year. At the beginning of the fiscal year, the company was able to secure two attractive ship portfolios with equity capital of approx. EUR 320 million. The first portfolio comprises a fleet of nine 1,800 TEU container ships and five 2,800 TEU container ships, which will be delivered between autumn 2006 and April 2008. The second portfolio includes 14 modern second-hand reefer vessels. Both investments are scheduled to be launched in the market in the second quarter. These portfolios as well as the ships contracted in 2003 and 2004 and the first tanker project are expected to result in strong placements in 2006, all the more so as demand for attractive high-yield ship investments remains high. The development in the international real estate markets and the strict adherence to high quality criteria are currently making it difficult to launch high-yield investments in traditional international real estate funds. The contribution made by these funds to the 2006 placement volume will depend on the opportunities arising in the course of the year. At present, MPC Capital expects equity placed in traditional real estate funds to decline noticeably, whereas the Real Estate Opportunity Funds are expected to grow. MPC Capital will continue to offer life insurance funds based on German and UK policies in 2006. The company currently plans to launch one such fund each. The diversification of the product portfolio in the past years shows that MPC Capital is willing and able to innovate and reduces the company’s exposure to individual segments. This diversification strategy went hand in hand with two fundamental product structures. On the one hand, there are the physical asset oriented capital investments such as traditional real estate funds, ship investments or life insurance funds, whose potential is mainly based on MPC Capital’s ability to identify and secure attractive products. On the other hand, the company has developed fund-of-fund structures which help to ensure continuous product availability of certain capital investments; the product segments Private Equity, Structured Products as well as the asset structure fund and the Real Estate Opportunity Fund fall into this category. In the current fiscal year, MPC Capital will lay the organisational and sales foundation to sharpen the different products’ external profile and increase the market penetration, especially of the continuously available products. The start-up costs resulting from the investment in the company’s future development will weigh on the net income expected for the current year. However, MPC Capital is convinced that this will allow the company to tap attractive potential for the future, clearly increasing the percentage of recurrent sales. “MPC Capital has an excellent basis for fiscal 2006. Thanks to attractive ship investment projects, the pipeline has the largest volume since the company’s foundation. The strength of a highly diversified product portfolio allows us to offer our investors a range of high-quality product – irrespective of market developments in individual segments. 2006 will again see us operate opportunistically in the traditional business segments, stay focused on the long-term performance of the investments and our brand and follow up on new product-specific and organisational ideas. As we will maintain our shareholder-friendly dividend policy, we expect to pay out an attractive dividend also for 2006,” said Dr. Axel Schroeder. MPC Münchmeyer Petersen Capital AG Andreas Schwarzwälder Investor Relations Phone: +49 40 38022-347 Fax: +49 40 38022-878 e-mail: ir@mpc-capital.com (c)DGAP 27.02.2006 ————————————————————————— language: English emitter: MPC Münchmeyer Petersen Capital AG Palmaille 67 22767 Hamburg Deutschland phone: +49 (0)40 380 22 347 fax: +49 (0)40 380 22 878 email: ir@mpc-capital.com WWW: www.mpc-capital.com ISIN: DE0005187603 WKN: 518760 indexes: stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————