euro adhoc: LS telcom AG / End of financial year 2002/03: Moderate increase in revenue at LS telcom, cash exceeds plan (E)

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

Lichtenau, Nov. 19, 2003. During the financial year 2002/03 ending at Sept. 30, 2003, LS telcom managed to increase sales revenues to EUR 8.4 million, i.e. a 9% increase compared to EUR 7.7 million the year before.
EBIT has increased on the year-before period from EUR -9.1 million to EUR -4.0 million. Net loss resulted in EUR -4.9 million (compared to the year-before EUR -8.0 million), corresponding to a loss per share of EUR 0.91 (year-before loss per share EUR 1.51). Before extra-ordinary expenses and one-time adjustments, the net loss of the company group is EUR -3.0 million.
Per end of financial year 2002/03 LS telcom held cash of EUR 7,6 million. At the same time, the worldwide payroll comprises 125 staff. The current order book of EUR 7.3 million, of which EUR 5.5 million are secured revenues for the financial year 2003/2004, exceeds the year-before noticeably. The company is confident to realise an increase of around 10-15% in sales revenues, and - considering further measures to lower ex-penses and re-structuring - to achieve a neutral result in the financial year 2003/2004.

Further inquiry note:
Harald Ludwig
Tel.: +49(0)7227 9535 705
Tel: +49(0)7227 9535 600
FAX: +49(0)7227 9535 605

Emittent: LS telcom AG Im Gewerbegebiet 31-35 DE-77839 Lichtenau Tel: +49(0)7227 9535 600 FAX: +49(0)7227 9535 605 Email: WWW: ISIN: DE0005754402 WKN: 575440

end of announcement euro adhoc

Indizes: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: regulated dealing Frankfurter Wertpapierbörse; free trade Niedersächsische Börse zu Hannover, Berliner Wertpapierbörse, Bayerische Börse, Hamburger Wertpapierbörse, Bremer Wertpapierbörse (BWB), Börse Düsseldorf, Baden-Württembergische Wertpapierbörse Branche: Telecommunications Services
Sprache: Englisch