Value Management & Research AG

ots Ad hoc-Service: Value Managem. & Research Value Management & Research posts record net earnings of DM 30.4 million in the first six months

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Schwalbach (ots Ad hoc-Service) - Value Management & Research group achieved a net profit of DM 30.4 million in the first half of 2000. The half-year result corresponds to net earnings per share of EURO 2.30 in comparison to EURO 0.66 in the first half of 1999 or EURO 1.57 for the entire year of 1999. This is equivalent to an increase in earnings per share of 248 % when compared to the corresponding period of the previous year. The strongly enhanced earnings mainly result from the group's private equity business and the Corporate Finance division, which successfully completed several financing and advisory mandates. Based on the positive half year result the company is confident that it will achieve or exceed EURO 2.70 earnings per share this year. The Management Board For any further questions, please contact: Patricia Köhler, IR 06196-88 00-444 End ----------------------------------------------------- Internet: Original-Content von: Value Management & Research AG, übermittelt durch news aktuell

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