Lobster Network Storage AG
Ad hoc-Service: Lobster Technology Hold.

Ad-hoc announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— Lobster Technology Holding AG (WKN 508290) announces preliminary Q1 results substantially better than plan Lobster Technology Holding AG’s net sales in the first quarter of the fiscal year 2000/01 (ending 30 June 2001) are expected to amount to DMm 5.9, thus around 30% above plan. Project business with storage solutions saw particularly strong performance and grew by over 120% vs. the first quarter of the previous year. Also sales of systems and components to resellers came in around 10% better than plan. Owed to strong sales growth and tight cost measures in place, the company also expects smaller losses than anticipated. Preliminary EBITDA in the Q1 is minus DMm 1.1 thus around DMm 0,2 or 20% better than plan. Compared to the previous fiscal year this represents an improvement of approx. 40%. Net result will be around minus DMm 1.7, thus DMm 0.3 better than the plan number of minus DMm 2.0. The company will release final Q1 results on 27 November 2000. Further information: Morgen Walke Scior Jörg Peter Lurgieallee 5, 60439 Frankfurt Tel: 069-95 154 110, Fax: 069-95 154 201 E mail: j.peter@morgen-walke.de End of Message