EANS-Adhoc: Earnings per share improve by 14 % / exchange rate fluctations hamper growth

ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

24.04.2009

Gross sales, which include the transit costs of the online marketing-companies, were up 13 per cent to EUR 19.020 million. Net sales amounted to EUR 7.483 million, outperforming last year´s figure by 4 per cent. If the exchange rate GBP / EUR had remained constant, growth would have been 22 per cent and 13 per cent respectively.

Operating income (EBITA) declined by 10 per cent to EUR 1.105 million (previous year: EUR 1.223 million), the EBITA-margin was 15 per cent. At constant currency, EBITA would have grown by 1 per cent.
With a financial income of EUR 0.270 million, net income was EUR 0.993 million, resulting into earnings per share of EUR 0.08.

Liquid funds and securities amounted to EUR 27.163 million, corresponding to a current cash portion of EUR 2.25 per share.

It is expected that Syzygy Group will continue to grow in the current financial year.

| | | | |Q1-2008 |YoY pro | | |Q1-2009|Q1-2008|YoY |pro forma|forma | |Gross sales |19,020 |16,807 |13% |15,590 |22% | |in EUR´000 | | | | | | |Net sales in|7,483 |7,200 |4% |6,618 |13% | |EUR´000 | | | | | | |EBITA in |1,105 |1,223 |-10 % |1,096 |1% | |EUR´000 | | | | | | |EBITA-margin|15% |17% |-2pp |17% |-2pp | |Net income |993 |1,022 |-3% |923 |8% | |in EUR´000 | | | | | | |EPS in EUR |0.08 |0.07 |14% |0.06 |33% |

The quarterly report will be issued on April 30, 2009 and can be downloaded at http://www.syzygy.net in the Investor Relations section.

end of announcement euro adhoc

emitter: Syzygy AG Im Atzelnest 3 D-61352 Bad Homburg phone: +49(0)6172 9488-100 FAX: +49(0)6172 9488-272 mail: ir@syzygy.net WWW: http://www.syzygy.net sector: Online ISIN: DE0005104806 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 Hannover, Börse München language: English

Rückfragen & Kontakt:

Katrin Schreyer
Telefon: +49/6172-9488251
E-Mail: k.schreyer@syzygy.net

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