AMENDED VERSION Air Berlin PLC 2007: earnings burdened by non-recurring expenditures - Off to a good start in the new year

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balance/2007 results

Berlin (euro adhoc) - According to the interim figures, Air Berlin
PLC generated an EBIT of EUR 21.5 million in 2007 (2006: EUR 64.2
million) and earnings after taxes of EUR 11 million (2006: EUR 50.1
million). EBITDAR increased by 48 percent from EUR 256.5 to EUR 379
million. Sales volume amounted to EUR 2.54 billion (2006: EUR 1.58
billion). A detailed statement will be issued by the company at the
Press Conference on the Annual Financial Accounts on 31 March 2008.

As already reported when presenting the figures for the third quarter
of 2007, the delays experienced with the integration of LTU and the
technical problems encountered when merging the EDP systems of Air
Berlin and LTU, resulted in a charge against earnings in the
double-digit million range. Consequently, the company was unable to
off-set the industry-wide weakness in the second quarter.

At the time, the Air Berlin Board had assumed that the charges
asso-ciated with the integration of LTU could be set off with
non-recurring income from the reversal of provisions. However, due to
an updated valuation, the anticipated offsetting could

As Joachim Hunold, Air Berlin´s CEO, stated in Berlin on Wednesday:
"We are right on track with the LTU integration. Although the
preliminary earnings for 2007 did not meet our expectations, we have
reason to be optimistic for 2008. By the end of February, the
capacity utilization rate and the flight revenue per available seat
kilometer (ASK) had increased significantly. We are also pleased with
the current level of bookings."

end of announcement euro adhoc
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ots Originaltext: Air Berlin PLC & Co Luftverkehrs KG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Peter Hauptvogel

Director Communications

Air Berlin Group

Tel: + 49 30 3434 1500

Fax: + 49 30 3434 1509

Mail: abpresse@airberlin.com

Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: SDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade