Ad-hoc Press Release from Intertainment AG
according to § 15 WpHG

Intertainment increases sales and earnings

Munich, August 31, 2005 – Munich based Intertainment AG generated a profit in the first half of 2005 of Euro 4 million after Euro 2.3 million in the same period of 2004. The earnings before interest and taxes (EBIT) were Euro 5.3 million (p.y.: Euro 3.2 million).

Euro 1.9 million of the profit for the period were generated in the second quarter (p.y.: Euro 0.7 million). The EBIT for the quarter was Euro 2.7 million (p.y.: Euro 0.7 million).

The profit for the period is largely attributable to exchange rate gains on the claims for damages from legal disputes in the USA. Intertainment reported exchange rate income in the first half of 2005 of Euro 7.8 million (p.y.: Euro 2.3 million). Around Euro 4.2 million of these were accountable to the second quarter of 2005. The total volume of damages claims shown on the balance sheet at June 30, 2005 was Euro 65.9 million after Euro 59.1 million at the end of December 2004.

Intertainment's sales in the first half of the year amounted to Euro 0.5 million, of which Euro 0.4 million are attributable to the second quarter. In the first half of 2004 sales were Euro 17.3 million.

At the end of June 2005 Intertainment had liquid assets of Euro 0.4 million after around Euro 1.7 million at the end of December 2004.

End of the Press Release


Contact:
Intertainment AG, Investor Relations, Frauenplatz 7, 80331 Munich, Germany;
Telephone: +49 (0)89 21699-0, Fax: +49 (0)89 21699-11,
Internet: www.intertainment.de, E-Mail: investor@intertainment.de
 

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