SinnerSchrader defies economic crisis: Revenues rise 35 per cent in first quarter of 2008/2009, earnings up 67 per cent

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Hamburg (euro adhoc) - Despite the economic crisis, SinnerSchrader continues to
develop successfully. In the first quarter of the 2008/2009 financial year (1
September to 30 November 2008), gross revenues rose by 35 per cent compared to
the same quarter last year to reach EUR 7.3 million, while net revenues improved
by 37 per cent, reaching EUR 5.6 million. The operating result (EBITA) rose 67
per cent to EUR 0.5 million.

The operating margin was 7.7 per cent (gross) and 10 per cent (net), an
improvement of 1.5 and 1.8 percentage points compared to the previous year. A
considerable portion of the growth in revenues and earnings was attributed to
the wholly owned subsidiary spot-media AG, which did not yet belong to
SinnerSchrader in the first quarter of the previous year.

The consolidated income of EUR 0.4 million was a good 29 per cent higher than in
the previous year. The consolidated income per share amounted to EUR 0.04 and
was thus EUR 0.01 higher than in the same period last year. As of 30 November
2008, SinnerSchrader had a liquidity reserve of EUR 8.6 million, which was EUR
0.4 million less than on 31 August 2008. The equity ratio was 63 per cent.

Incoming orders in the first quarter were 13.5 per cent higher than the previous
year, meaning that the dynamic growth in orders has slowed down. SinnerSchrader
sees further growth opportunities for the year as a whole. However, due to the
current economic difficulties, the growth rates of the first quarter will not be
able to be applied to the whole fiscal year.

Yesterday, the Management Board and Supervisory Board agreed to extend to 30
June 2009 the share repurchase programme which started in October 2008 and was
initially limited to 31 December 2008.

The complete quarterly report will be made available in the Internet under
www.wkn514190.de/s2ir/de/Finanzberichte.html today at 3 pm.

About SinnerSchrader
SinnerSchrader is a leading interactive agency in Germany. SinnerSchrader
develops interactive customer experiences which radically intensify the
relationship between brands and consumers. SinnerSchrader was founded in 1996,
has been listed on the stock exchange since 1999, and has over 200 employees in
Hamburg and Frankfurt am Main.

Further inquiry note:
SinnerSchrader Aktiengesellschaft

Thomas Dyckhoff, CFO
T. +49. 40. 39 88 55-0

Martin Recke, Corporate Communications
T. +49. 40. 39 88 55-181

E-mail: [email protected]
F. +49. 40. 39 88 55-100

end of announcement euro adhoc
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emitter: SinnerSchrader AG
Völckersstraße 38
D-22765 Hamburg
phone: +49(0)40-398855-0
FAX: +49(0)40-398855-55
mail: [email protected]
WWW: http://www.sinner-schrader.de
sector: Software
ISIN: DE0005141907
indexes: CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse München
language: English

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