Ad-hoc | 16 August 2004 10:33

bmp AG: half-year results 2004

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– bmp AG: half-year results 2004 The bmp Group closed the first half of 2004 with a turnover of TEUR 620 compared with TEUR 46 in the first half of 2003. EBITDA totalled TEUR 0. This cannot be compared with the previous year’s EBITDA of TEUR 6,393 when special effects (purchase of debt and transfer of provisions for pending losses) boosted profits by a good EUR 7.5 million. EBIT amounted to TEUR – 223; consolidated losses totalled TEUR 616 after consolidated profits of TEUR 5,548 in 2003, as expected by the Management Board. Liquidity was around EUR 2.41 million as at 30 June 2004, revealing a slight reduction of EUR 3.04 million on the same period of the previous year. Meanwhile, NAV rose by 40% to EUR 22.42 million in the same period. Overall, the investment portfolio developed positively, so bmp is confident that it can continue increasing the value of the portfolio. As before, the Management Board is anticipating sizeable consolidated profits for the year 2004 as a whole. Contact: Corinna Riewe criewe@bmp.com Alt-Moabit 59-61 10555 Berlin Phone: +49-30-20 30 50 Fax: +49-30-20 30 55 55 end of ad-hoc-announcement (c)DGAP 16.08.2004 ——————————————————————————– WKN: 330420; ISIN: DE0003304200; Index: Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg und Stuttgart 161033 Aug 04