3U HOLDING AG: Management Board announces new forecast and corporate actions

• Management Board announces new forecast for the fiscal years 2011 and 2012

• Capital reduction will be registered with the commercial register following AGM

• Management and Supervisory Board decide on a new share buyback

Marburg, May 26, 2011 – 3U HOLDING AG (ISIN DE0005167902) will provide information on their annual general meeting concerning the last financial year and present an updated outlook for fiscal years 2011 and 2012.

In the annual report 2010 the Management Board of 3U HOLDING AG expected sales of about EUR 100 to 110 million, EBITDA of EUR 12.0 to 14.0 million and earnings of about EUR 4.0 to 5.5 million in fiscal year 2011. For 2012, the Board anticipated sales of between EUR 105 and 120 million, EBITDA between EUR 13.0 and 15.0 million and earnings of between EUR 4.5 to 6.0 million.

With the sale of LambdaNet these forecasts have become obsolete. The new forecast for the current year includes the sales and profit contribution of LambdaNet for the months January to May, but not those from June to December 2011. For the year 2012, lower sales than in 2011 are expected because in the coming year no sales of LambdaNet are consolidated.

That said, the Management Board of 3U HOLDING AG expects sales of about EUR 85 and EUR 95 million, EBITDA of EUR 5 to 7 million and earnings of about EUR 26 to EUR 28 million in fiscal year 2011. It has to be taken into account that the sale of LambdaNet contributes with approximately EUR 25 million to earnings.

For 2012, the Board anticipates sales of between EUR 62 and 77 million, EBITDA between EUR 1 and 3 million and earnings of between EUR 0.5 to 1.5 million.

In addition, the Management Board with the approval of the Supervisory Board decided to submit 4,359,740 own shares (which corresponds to 10.00 % of the nominal capital) for withdrawal at the trade register. The Company obtained those shares within the latest share buyback via the stock exchange and through a compromise settlement. With the withdrawal increases the company value attributable to each share and it also opens up the possibility for further share buybacks.

3U HOLDING AG will use this opportunity in the interest of shareholders and start another share buyback program on the exchange short term.

The speech and presentation of the Management Board will be released after today’s AGM on the 3U website.


Peter Alex

Head of Investor Relations


Frauenbergstraße 31–33

35039 Marburg

Tel.: +49 6421 999-1200

Fax: +49 6421 999-1222

E-Mail: ir@3u.net