Ad-hoc | 27 November 2003 08:30

plenum continues stable business development

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– – Revenues stable quarter-on-quarter as expected – Consolidated net profit Wiesbaden, Nov. 27, 2003 In Q3, plenum AG again generated revenues of around EUR 10.1 million. At EUR 30.8 million (previous year EUR 36.6 million), revenues are in line with expectations after nine months . The success of the restructuring measures introduced last year and systematically implemented in 2003 is evident in the positive result. Although plenum recorded a consolidated loss of EUR -10.7 million in 2002 as a whole, it generated a consolidated profit of around EUR 0.3 million after the first nine months of 2003 (previous year: EUR 0.7 million). Q3 contributed around EUR 0.1 million of this. Earnings per share after nine months amounted to EUR 0.03 (previous year: EUR 0.08) for 9,577,068 no-par value shares. Our goal for fiscal year 2003 was to stabilize business under the difficult market conditions forecast and, in particular, to generate a positive result. The Managing Board is forecasting that with revenues of around EUR 40 million and a consolidated net profit, plenum will meet this goal for 2003 as a whole. The outlook for fiscal year 2004 is currently marked by a light positive economic sentiment in virtually all customer markets. This has led to a noticeable increase in customer inquiries and the number of tenders submitted in the last few months. plenum has already recorded the first sales successes that will contribute to revenues in 2004. The full quarterly report will be available at 12.00h online at www.plenum.de. end of ad-hoc-announcement (c)DGAP 27.11.2003 ——————————————————————————– WKN: 690100; ISIN: DE0006901002; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 270830 Nov 03