Intertainment AG

ots Ad hoc-Service: Intertainment AG 950 Intertainment AG increases turnover to DM 171.7 m Provisions for risk due to litigation depress results

Ad hoc-announcement. The sender is solely responsible for the contents of this announcement. -----------------------------------------------------

    Munich (ots Ad hoc-Service) -      

    In 2000 the media company, Intertainment AG based in Ismaning near
Munich, which operates in the film license business and in
merchandising, consistently pursued its growth strategy. The group's
business figures developed as follows:      

                                                 2000                          1999
                                         DM m        Euro m          DM m      Euro m  
Gross annual receipts    171.7         87.8            56.1        28.7    +206%
EBIT                                 31.6         16.2            25.6        13.1    +23%
Results of ordinary
activities                        20.9         10.7            27.4        14.0    -24%
Profit for the year         10.9          5.6            13.1         6.7    -17%

      In 2000 gross annual receipts rose from DM 56.1 m/28.7 Euro m to
DM 171.7 m/87.8  Euro m. Also in 2000 the EBIT grew from DM 25.6
m/13.1 Euro m to DM 31.6 m/16.2  Euro m. The results of ordinary
activities fell to DM 20.9 m/10.7 Euro m. In the previous year this
result had been DM 27.4 m/14 Euro m. The profit for the year fell
from DM 13.1 m/6.7 Euro m to DM 10.9 m/5.6 Euro m.
    The clearly disproportionate development of the EBIT in relation
to turnover and  the development of the results of ordinary
activities as well as the profit for  the year, to the sum of DM 20.8
m/10.6 Euro m, are due to provisions for risk in connection with the
litigation against Franchise Pictures and Imperial Bank. The result
per share for the group was DM 1.02/0.52 Euro (DM 1.38/0.71 Euro in
the previous year). As at 31 December 2000 Intertainment's liquid
funds amounted  to DM 142.5 m/72.9 Euro m.
    WKN: 622360; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr
in Berlin, Bremen, Düsseldorf, Hamburg, München und Stuttgart

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