• 02.03.2007, 10:06:13
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  • OTE0003

euro adhoc: Jungheinrich AG / Financial Figures/Balance Sheet / Jungheinrich improves operating income/Board of Management proposes dividend increase/new company structure planned (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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02.03.2007

Hamburg-Jungheinrich AG (ISIN: DE0006219934) continued its course for growth
in the financial year that just ended and got off to a good start in 2007.
Group net sales for 2006 amounted to 1,748 million euros-6 per cent up on the
year-earlier level (1,645 million euros). Last year, operating income (EBIT)
advanced by 10 per cent to 118 million euros (prior year: 107 million). The
EBIT return on sales totalled 6.8 per cent (prior year: 6.5 per cent).

In light of Jungheinrich AG's positive business performance, the Board of
Management of Jungheinrich AG will recommend to the Supervisory Board that a
proposal to increase the dividend be submitted at the Annual General Meeting
on June 5, 2007. It will be suggested to increase the dividend from 0.45
euros to 0.48 euros per ordinary share and from 0.51 euros to 0.54 euros per
preferred share.

Jungheinrich will disclose detailed information on its 2006 financial year at
its balance sheet press conference on April 11, 2007, in Hamburg, Germany.

The Board of Management plans to realign the company's structure, which has
developed over time. It aims to establish a structure that is tailored to
promoting growth and competitiveness, enabling higher levels of transparency
and flexibility. The objective is to reorganize the Group according to
company law and establish a clear separation between Jungheinrich AG as
active management holding company with corporate functions, i.e. sales (sales
and after-sales service), engineering, finance, the service centre and real
estate on the one hand and the operating units on the other. Units previously
belonging to Jungheinrich AG are thus to be spun out into new, autonomous
limited partnerships with a stock corporation as fully liable partner
obligated to prepare a balance sheet as defined in the German Commercial
Code, bearing the abbreviated company designation "AG & Co. KG." A measure of
this type is planned for German sales and export sales as well as the plant
and the spare parts logistics unit in Norderstedt, Germany. The realignment
will not place affected employees at a financial disadvantage.

The new structure is scheduled to be presented to the Supervisory Board on
March 27, 2007, for approval and to the Annual General Meeting on June 5,
2007, for adoption of the corresponding resolution. It is slated for
implementation in the current fiscal year.

Further inquiry note:
Markus Piazza
Leiter Unternehmenskommunikation
Tel. +49 (0)40 6948 1550
E-Mail: Markus.Piazza@jungheinrich.de

end of announcement euro adhoc 02.03.2007 09:30:00
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emitter: Jungheinrich AG
Friedrich-Ebert-Damm 129
D-22047 Hamburg
phone: +49(0)40 6948 0
FAX: +49(0)40 6948 1777
mail: info@Jungheinrich.com
WWW: http://www.jungheinrich.com
ISIN: DE0006219934
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free
trade: Börse Berlin-Bremen, Baden-Württembergische
Wertpapierbörse, Börse Düsseldorf, Niedersächsische Börse zu
Hannover, official dealing: Hamburger Wertpapierbörse
sector: Machine Manufacturing
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

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