EANS-News: Hypoport AG starts the year on a high

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Berlin, 9 May 2011 (euro adhoc) - Hypoport achieved impressive year-on-year
improvements in its revenue and earnings in the first quarter of 2011. Its
revenue jumped by 46.3 per cent to EUR17.7 million (Q1 2010: EUR12.1 million).
All business units increased their revenue. This led to an EBITDA of EUR2.3
million (Q1 2010: - EUR28 thousand).

This revenue growth enabled the Company to raise its gross profit by 45.3 per
cent to EUR10.4 million (Q1 2010: EUR7.1 million). "This strong first-quarter
performance is particularly encouraging because our business does not usually
pick up until later in the year", explained Ronald Slabke, Chief Executive
Officer of Hypoport AG. The Hypoport Group continued to invest heavily in its
cutting-edge B2B financial marketplaces EUROPACE, GENOPACE and FINMAS in the
first three months of 2011 in order to extend its market lead across all
business units. "Given their ever more regulated environment and the severe
competitive pressures under which they operate, it is evident that financial
product distributors and banks are increasingly becoming aware of and exploiting
the networking and automation potential offered by EUROPACE, GENOPACE and
FINMAS", added Slabke. The Company's Private Clients business unit more than
doubled the volume of business it transacted in life insurance, general
insurance and private health insurance. In addition, Hypoport continued to
expand its branch network as part of its distribution of financial products
under the Dr. Klein brand. It now has 577 finance specialists who advise the Dr.
Klein clients acquired over the internet. This represents a year-on-year
increase of 120 professionals. The growth generated in the Corporate Real Estate
Clients business unit enabled Dr. Klein to further consolidate its position as
market leader.

Slabke was confident about the outlook for the rest of 2011: "Assuming that
market conditions remain stable, we expect to achieve double-digit revenue
growth and a net profit in line with last year's record figure".

Further inquiry note:
Michaela Reimann
Group Communications Manager
Telefon: +49 (0) 30 42086 1936
E-Mail: [email protected]
end of announcement euro adhoc
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company:     Hypoport AG
             Klosterstraße 71
             D-10179 Berlin
phone:       +49(0)30 42086-0
FAX:         +49(0)30 42086-1999
mail:        [email protected]
WWW:         http://www.hypoport.de
sector:      Financial & Business Services
ISIN:        DE0005493365
indexes:     CDAX, Prime All Share

stockmarkets: regulated dealing/prime standard: Frankfurt
language: English

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