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ots Ad hoc-Service: Jenoptik AG <DE0006229107> Jenoptik Group once again raises its forecast for the 2000 net income

Jena (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Consolidated net income, at 47 million Euros, reaches a new record
high in the first half of 2000. Order backlog exceeds the two billion
Euro mark for the very first time. Order intake also reaches record
new levels.
The Jenoptik Group (security code no. 622910) is continuing on its
successful course in the 2000 business year. "We are raising our
forecast net income once again", announced Jenoptik chairman Lothar
Späth. According to him the consolidated net income for the 2000
business year will not be 50 percent but 150 percent up on the figure
for 1999. This figure includes the income from the sale of own shares
in the sum of 32 million Euros. Excluding this sale the Jenoptik
Group will clearly achieve the 50 percent increase in net income in
operational terms. At 47 million Euros (in the previous year: -22
million Euros) in the first half of 2000 the technology group
recorded a record net income.
The Jenoptik Group also posted record levels of order intake and
order backlog. The order intake rose by 20 percent to 1,339 million
Euros (in the previous year: 1,114 million Euros). On a comparable
basis new orders actually increased by 43 percent. The Jenoptik Group
broke through the two billion Euro barrier for the order backlog for
the very first time. The order backlog rose by 39 percent to 2,145
million Euros (in the previous year: 1,548 million Euros). On a
comparable basis it climbed even further higher to 47.1 percent.
Sales of the Jenoptik Groups at 463.7 million Euros are down on
the comparable figure for the previous year (in the previous year:
655.6 million Euros). The fall can be attributed to the settlement of
three major projects in the Clean Systems business division in the
previous business year as at 30th June 1999. In terms of the internal
figures the Clean Systems Business Area is precisely on target and,
as announced, will exceed the previous year's sales. Consequently the
sales figure for the first half of 2000 can not be extrapolated for
the whole year. According to the words of Späth nothing has changed
in the excellent progress achieved by the Jenoptik Group in the
current business year. "The dynamic of the markets in which we
operate continues uninterrupted."
Jenoptik Group raises its forecast for the net income.
This is the reason why Jenoptik is once again raising its forecast
for the net income for the current 2000 business year. Sales are
anticipated to rise by 15 percent on a comparable basis. Späth stated
that sales in the Clean Systems business division will increase in
the 2000 business year by 15 percent compared with the previous year
and the operating result will also be significantly higher. With the
acquisition of the remaining shares in Life Science Meissner+Wurst
GmbH the strategic position in the area of biotechnology and
pharmaceuticals has been considerably improved. M+W Zander will be
further expanding its engineering capacities as a result of its
excellent level of new orders.
The Clean Systems business division again records a high order
intake in the third quarter. In August this year, M+W Zander has been
awarded, together with its Israeli joint venture Meissner Baran a
major order for the construction of a chip fab from the Israeli
semiconductor manufacturer Tower Semiconductor Ltd. The order is
worth more than 200 million Euros. With this order, Clean Systems
reports an order intake of two billion Euros.
The Photonics business division will be commissioning the new
optics production building into operation in Jena in September 2000.
This will double the production capacities in the optics area which
in turn is likely to have a positive effect on sales and the result
in this current year. With the new building the conditions have been
created which are required for further growth in order to meet the
rapidly increasing demand in the optics area said Späth. The 2000
business year will be a record year for the Photonics business
division in every respect. There will in fact be a slightly stronger
increase in sales than previously anticipated and they should pass
the previously forecast 200 to 210 million Euro figure.
In the Asset Management business division DEWB finally established
itself in the 2000 business year as one of the successful VC
companies in Germany. This position will be further consolidated and
expanded in the coming months. DEWB's impressive performance will
enable it to achieve a higher contribution to profits in 2000 than it
did in 1999.

Contact:

Steffen Schneider Communication and Investor Relations Deutsche
Effecten- und Wechsel-Beteiligungsgesellschaft AG Telephone: ++49 -
3641 - 652290 Telefax: ++49 - 3641 - 652157
Steffen.Schneider@dewb-vc.com

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