EANS-Adhoc: Sedo Holding AG / 1st half-year 2010 within expectations/// Pre-tax earnings stable at EUR 2.8 million/// EPS up slightly

--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------

25.08.2010

Montabaur, August 25, 2010. Sedo Holding AG today announced its consolidated
figures for the 1st half-year 2010. Business progressed in line with the
company´s expectations.

As expected, consolidated sales of Sedo Holding AG fell from EUR 72.7 million
last year to EUR 56.6 million in the first six months of 2010. The main reason
for the fall in sales is the changed contractual relationship with a major
Affiliate Marketing customer as of the fourth quarter of 2009. Adjusted for
sales revenues generated with this one major customer, sales increased by
EUR 1.6 million (+3%). Due to a change in the sales mix, however, there was an
increase in gross margin from 19.3% in the 1st half-year 2009 to 24.5% in the
1st half-year 2010. Earnings before taxes (EBT) remained stable at EUR 2.8
million. Earnings per share (EPS) improved slightly from EUR 0.05 in the same
prior-year period to EUR 0.06.

The equity capital of Sedo Holding AG increased from EUR 91.3 million as of
December 31, 2009 to EUR 93.7 million on June 30, 2010. The equity ratio rose
from 74.2% to 77.4%.

Based on current market conditions and the development of business so far, the
Management Board continues to expect a year-on-year decline in sales for 2010
with a stable development of pre-tax earnings.

The first half-year 2010 report will be published on August 26, 2010.

Further inquiry note:
Marcus Schaps
Head of Press and Public Relations
Sedo Holding AG
Elgendorfer Straße 57
56410 Montabaur
Germany

Tel: +49 (0) 2602 96-1076
Fax: +49 (0) 2602 96-1013
E-mail: presse-holding@sedo.com
end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer:   Sedo Holding AG
          Elgendorfer Straße 57
          D-56410 Montabaur
phone:    +49 (0) 2602 96-1823
FAX:      +49 (0) 2602 96-1013
mail:     investorrelations@sedo.com
WWW:      http://www.sedoholding.com
sector:   Online
ISIN:     DE0005490155
indexes:  CDAX, Prime All Share, Technology All Share

stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

print