EANS-Interim Report: Fortune Management Inc. / Zwischenmitteilung

Intermediate report of the management pursuant to section 37x of the WpHG transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

Continuing business

The Fortune Management Group proceeded its efforts to a further reduce of existing subsidiaries which are not necessary for the operational business. Compared to the interim financial report as of June 30, 2009 no change in the group structure is noted.
Furthermore the residual operational segment of Fortune Management Group, the investment in Fortune Super Equity Management LLC, situated in United Arab Emirates, continued to develope slowly. Due to this uncertain development the Fortune Management Group decided to tackle additional cost-reducing plans which mainly include a further reduction of existing employees.
Material events of the third quarter
Fortune Management Inc. was sued last year by the HLSP Holdings Corp., in liquidation, for damages at an amount of TEUR 40.000. In the first half of 2009 the complaint has been dismissed by the responsible court in Delaware (USA). HLSP Holdings Corp. filed a notice of appeal against this decision. An oral hearing to that appeal was held on November 3, 2009 at the Supreme Court of Delaware. The company is convinced that the appeal will not have any success and will defend by all legal means.

additional (optional) statements:
FORTUNE Management Inc.
Thomas Luber
Phone +49 69 9441 8069
IR@fortune-management.com
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug

end of announcement euro adhoc

issuer: Fortune Management Inc.
Bahnhofstr. 10
CH-6301 Zug
phone: +41 (41) 7271040
FAX: +41 (41) 7271041
mail: office@fortune-management.com
WWW: http://www.fortune-management.com
sector: Financial & Business Services
ISIN: USU026281027
indexes:
stockmarkets: free trade: Berlin, Stuttgart, Düsseldorf, regulated dealing/general standard: Frankfurt
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS | OTB0012