euro adhoc: OnVista AG / Quarterly or Semiannual Financial Statements / Nine months report 2004: OnVista Group growth exceeds plan / Operated at a profit / Annual projections again increased (E)

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8 Nov. 2004 – In the first nine months of 2004, growth in both group sales and performance at OnVista AG (DE0005461602) exceeded the company's plan. Looked at in isolation, the third quarter was also an extremely good one for OnVista. The Executive Board is increasing its annual projections once again. For the year as a whole, the Board now expects group sales to exceed Euro 6.7 mill. and a pre-tax group result of around Euro 1 mill. (forecast from August 2004: sales close to Euro 6 mill., pre-tax result in the high six digit region; forecast from March 2004: sales in excess of Euro 5 mill., double-digit pre-tax yield).

In the first nine months of 2004, group sales amounted to Euro 5.08 mill. (after the merger related deconsolidation of OnVista Technologies GmbH, now only sales from the Media business segment). Compared to the corresponding figures for the same period last year (group sales less Technologies segment: Euro 3.02 mill.), this amounts to an increase of 68%. Compared to group sales reported in the nine months report for 2003 (incl. Technologies segment: Euro 8.23 mill.) this translates into a paper decrease of 38%.

In relation to Q3/04, OnVista recorded group sales totalling Euro 1.83 mill. This represents an increase of 82% over the fair comparative value (Q3/03: Euro 1.01 mill.). From a purely computational perspective, this resulted in a decrease of 31% (Q3/03:
Euro 2.64 mill.).

After a negative pre-tax group result last year (9 mths./03: Euro -2.26 mill.), the OnVista Group generated a positive pre-tax result in the first nine months of 2004 totalling Euro 0.78 mill. This translates into a pre-tax yield of 15%. After tax, the group net income amounted to Euro 0.46 mill. (9 mths./03: Euro -1.32 mill.). EBIT and EBITDA werde positive as well. In the first nine months of 2004, EBIT totalled '000 Euro 28 (9 mths./03: Euro -2.90 mill.), while EBITDA amounted to Euro 0.34 mill. (9 mths./03: Euro -0.79 mill.).

In the seasonally related traditionally weaker third quarter, the key performance figures also improved considerably compared to the previous year. In Q3/04, OnVista recorded a pre-tax group result in the amount of Euro 0.12 mill. (Q3/03: Euro -1.33 mill.) and an after-tax group result of '000 Euro 60 (Q3/03: Euro -0.95 mill.). In Q3/04, EBIT totalled Euro -0.16 mill. (Q3/03: Euro -1.51 mill.), while EBITDA amounted to '000 Euro -56 (Q3/03: Euro -0.80 mill.).

Both business segments made a positive contribution to the group result. In the Media business segment, the segment result rose by 89% to Euro 0.80 mill. (9 mths./03: Euro 0.42 mill.). After recording a deficit last year (9 mths./03: Euro -1.79 mill.), the Technologies business segment generated a segment result of '000 Euro 76.

Nine months result under IFRS; detailed press release in German language: www.onvista-group.de, section 'Presse'; full nine months report soon under: www.onvista-group.de, section 'Investor Relations':
http://www.onvista-group.de/investor_relations/finance_publications.html?LANG=en

Contact: Anja Seipp, Tel. +49 2203/9146-306, ir@onvista.de

Further inquiry note:
Anja Seipp
Tel. +49(0)2203 9146 306
E-Mail: anja.seipp@onvista.de

emitter: OnVista AG Stollwerckstr. 3-5 D-51149 Köln phone: +49(0)2203 9146-0 FAX: +49(0)2203 180 640 mail: info@onvista.de WWW: http://www.onvista-ag.de ISIN: DE0005461602

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sector: Computing & Information Technology language: English

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