Fourth consecutive record EBITA and dividend proposal of 4.00 Euros per share




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03.03.08

Fourth consecutive record EBITA and dividend proposal of 4.00 Euros per share

To press release overview

According to preliminary data, Axel Springer AG has for the financial year 2007 managed to significantly exceed the previous record EBITA from the previous year. The group has increased EBITA (earnings before interest, taxes and amortisation), adjusted for extraordinary items, from EUR 375 million in the previous year by 12.5 percent to EUR 422 million. Adjusted for income from the Kirch insolvency in the amount of EUR 34 million in 2006 and EUR 13 million in 2007, EBITA increased by 19.9 percent.

The group revenues rose from EUR 2,376 million in 2006 to EUR 2,578 million in 2007. This corresponds to a growth of 8.5 percent. Revenues from the PIN Group AG is not included herein. In the 2007 annual financial statement, the PIN Group will be reported as discontinued activities.

The income from continuing operations, EUR 284 million, continues to remain on a high level (previous year: EUR 295 million). Due to the write-down of the PIN Group AG, the income from discontinued operations amounted to EUR -572 million. This resulted in an annual net income in the Group of EUR -288 million (previous year: net income of EUR 291 million).

In light of the positive operational earnings performance in the core business and in order to return liquidity to the shareholders, the Management Board will propose increasing the dividend from EUR 3.50 to a new record level of EUR 4.00 per share.

The complete annual results and the outlook for 2008 will be presented by Axel Springer AG at the annual press conference on March 12, 2008 in Berlin.

Press Contact Axel Springer SE: Edda Fels
Tel: +49 30 2591 77600


Claudia Thomé
Claudia Thomé
Co-Head of Investor Relations
Axel-Springer-Str. 65
10888 Berlin
Tel: +49 30 2591 77421
Fax: +49 30 2591 77422