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 Network Storage AG announces preliminary half year results in line with forecast and expects strong Q3 Berlin, 26.01.2001 +++ Lobster Network Storage AG today released preliminary half year results: net sales for the six month period ended 31.12.2000 amounted to DMm 11.5 and net loss to DMm minus 2.9 excluding special one-time charges of TDM 300, largely attributable to write-offs of minority holdings. Including the latter net loss amounted to DMm minus 3.2. Forecast net sales were DMm 11.2 and net-loss DMm minus 3.0. EBITDA at DMm minus 2.0 also came in straight on plan. Compared to previous year figures EBITDA improved by 44% (last year: DMm minus 3.5) and net result by 60% (last year: DMm minus 7.6 excl. extraordinary gains worth DMm 2.6). In the 2nd quarter of the fiscal year 2000/01 the company saw continued strong demand for its enterprise storage related products and services but many of the projects acquired did not result in immediate customer orders during the same quarter. However, already at the beginning of the new calendar year this weakness disappeared, leading to net sales in the company’s project business in the month of January alone likely to exceed those of the entire 2nd quarter of the current business year. These encouraging interim results reinforce the company’s positive view on the progress made to date and its ability to also meet plan in the 3rd quarter, for which it forecasts net sales of DMm 8.4. and EBITDA at break-even. The company will publish its official half year report on 28.02.2001. Further information: Morgen Walke Scior www.lobster.de Ms. Manuela Scheubel Lurgieallee 5, 60439 Frankfurt Tel: 069-95 154 321, Fax: 069-95 154 303 Email: m.scheubel@morgen-walke.de End of Message