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DEAG Deutsche Entertainment AG

ots Ad hoc-Service: DEAG AG <DE0005513907>

Berlin (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
EBITDA increased by 190% from DM13.4 million to DM38.8 million -
EPS more than doubled, record sales (+ 200%) total DM506 million in
2000 - DM680 million sales (+34%) forecast for 2001, again profits
expected to double - Berlin, March 29th 2001 - At todays
balance-sheet press conference in Berlin the management board of DEAG
will be presenting the financial statements for 2000. They show
earnings per share on the basis of diluted shares in the review
period to have more than doubled from DM0.36 in 1999 to DM0.73 in
2000. Sales increased by nearly 200% to DM506 million in 2000 (1999:
DM169.9 million). DEAG has thus exceeded by more than 80% the DM0.39
EPS forecast by a consensus of analysts and shown that strong growth
can be combined with a continuous increase in profits. EBITDA
increased by 190% from DM13.4 million in 1999 to DM38.8 million in
2000. Cash flow improved by roughly 70% to DM7.3 million. DEAG
expects for 2001, based on first-quarter sales growth of at least
300%, correspondingly above-average results. This year, DEAG
forecasts sales of DM680 million, EPS up 250% to DM1.96 and EBITDA of
at least DM45 million.

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