euro adhoc: ESCADA AG / quarterly or semiannual financial statement / ESCADA’s positive trend at sales and earnings continues in third quarter 2005/2006 (E)

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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28.09.2006

Aschheim/Munich, September 28, 2006 - The positive business performance of the
first six months continued also during the third quarter 2005/2006 at ESCADA AG
(reporting date: October 31, 2006). For the first nine months the women´s luxury
fashion manufacturer records Group sales of 490.0 million Euro, a plus of 5.9%
on the same period of last year (462.6 million Euro). Sales for the third
quarter come to 157.9 million Euro, which is 5.3% more than over the same
quarter of last year (150.0 million Euro).

ESCADA Group’s operative earnings before interest, tax, depreciation and
amortization (EBITDA) continues to grow stronger than sales. EBITDA for the
first nine months climbs to 50.5 million Euro, an increase of 10.8 % (same
period of last year: 45.6 million Euro). EBITDA for the ESCADA brand grows by
10.0 % to 36.3 million Euro (same period of last year: 33.0 million Euro).
Despite the start-up costs for the expansion of its own retail and positive
extraordinary effects in the same period of the previous fiscal year 2004/2005,
the PRIMERA Group still manages to lift EBITDA slightly from 14.0 million Euro
to 14.2 million Euro.
Third quarter EBITDA for the ESCADA Group totals 13.6 million Euro (previous
year: 12.0 million Euro, a plus of +13.3 %).

The Group’s profit before taxes and one-time expenses for the nine months comes
to 22.3 million Euro, which is 11.5% higher than the same period of last year
(20.0 million Euro). Taking into account one-time valuation adjustments in the
balance sheet in the second quarter - above all for inventories - profit before
taxes stands at 10.8 million Euro.

The Board of Management takes business performance of the first nine months to
be an affirmation of its targets for the full fiscal year 2005/2006. The Board
of Management estimates sales to grow in the mid single-digit percentage region
and reckons EBITDA to increase by around 10%. Group profit after taxes is
expected to record a positive figure.

Further inquiry note:
Viona Brandt
Tel.: +49 (0)89 9944 1336
E-Mail: viona.brandt@de.escada.com

end of announcement euro adhoc 28.09.2006 07:05:00
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emitter: ESCADA AG
Margaretha-Ley-Ring 1
D-85609 Aschheim/München
phone: +49 (0)89 9944 1336
FAX: +49 (0)89 9944 1500
mail: viona.brandt@de.escada.com
WWW: http://www.escada.com
ISIN: DE0005692107, XS0215685115, DE000A0FAQF2
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free
trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
Baden-Württembergische Wertpapierbörse, Börse Düsseldorf, official
dealing: Bayerische Börse
sector: Clothing
language: English

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