EANS-Adhoc: bwin Interactive Entertainment AG / Results for Q1 2009

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14.05.2009

Vienna, 14 May 2009

bwin Interactive Entertainment AG - Results for Q1 2009
Key financial indicators (pro forma consolidated)

(EUR million) Q1/09 Q1/08 % YoY Q4/08 % QoQ Gross gaming revenues 117.6 104.6 12.5 117.7 -0.1 Net gaming revenues 102.1 91.9 11.1 101.0 1.1 Total revenues 119.4 102.5 16.5 121.2 -1.5 EBITDA (adjusted*) 36.0 25.8 39.2 19.2 87.8 EBIT 21.9 12.3 78.0 -11.0 n.a. Result after tax 18.9 11.0 72.9 -10.0 n.a.

Development of business in Q1 2009

Substantial growth of revenues and profit;
Increased margins reflect success of efficiency programme;
Rising net cash position underscores stability of bwin Group; Improved live betting interface sets new standards;
Programming of new P5 poker platform now concluded;
New products in games sector

Q1 2009 financials (pro forma consolidated)

Gross gaming revenues: up 12.5% to EUR 117.6 million (Q1 2008: EUR 104.6 million);
Record net gaming revenues: up 11.1% to EUR 102.1 million (Q1 2008: EUR 91.9 million);
Record EBITDA (adjusted*): up 39.2% to EUR 36.0 million (Q1 2008: EUR 25.8 million);
EBITDA margin with respect to net gaming revenues up to 35.2% (Q1 2008: 28.1%); Number of active customers up by 25.6%, consolidating market position; Record result after tax: up 72.9% to EUR 18.9 million (Q1 2008: EUR 11.0 million);
Record net cash position: EUR 70.8 million (Q1 2008: EUR 53.2 million)

Improved outlook for 2009

bwin raises expectations for 2009:
Gross gaming revenues EUR 435 to 450 million;
EBITDA (adjusted) of more than EUR 110 million;
Dividend: planned payout ratio of 30-50% on consolidated profit reported for 2009

* Excluding non-cash expenses in connection with share-based remuneration (IFRS 2).

The complete report on the results on the Q1 2009 can be found online on the bwin investor relations website at www.bwin.org, where it can also be downloaded in pdf format.

end of announcement euro adhoc

emitter: bwin Interactive Entertainment AG
Börsegasse 11/Lift 3/Top floor
A-1010 Wien
phone: +43 (0) 50 858-0
FAX: +43 (0) 50 858-16
mail: investorrelations@bwin.org
WWW: www.bwin.org
sector: Casinos & Gambling
ISIN: AT0000767553
indexes: ATX Prime, ATX
stockmarkets: official dealing: Wien
language: English

Rückfragen & Kontakt:

Investors:
Konrad Sveceny, Investor Relations
bwin Interactive Entertainment AG
Boersegasse 11, 1010 Vienna, Austria
Tel.: +43 (0) 50 858-20017
E-mail:investorrelations@bwin.org
http://www.bwin.org

Press:
Kevin O'Neal, Press Officer
bwin Interactive Entertainment AG
Boersegasse 11, 1010 Vienna, Austria
Tel.: +43 (0) 50 858-24010
E-mail:press@bwin.org
http://www.bwin.org

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