euro adhoc: P&I Personal & Informatik AG / Dividend Announcements/Distribution / P&I AG proposes dividend distribution and confirms preliminary results for business year 2005/2006

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

31.05.2006

At today's meeting, the supervisory board and the executive
management of P&I AG decided to propose a dividend distribution to
the annual general meeting on August 29th 2006 for the first time.
The dividend is to amount to 3.00 euros per share and will consist of
two components: a non-recurrent special dividend from the
distributable capital reserves in the amount of 18.8 million euros
and approx. 50 percent of the profit carried forward and the net
earnings of P&I AG for the financial year 2005/2006 in the amount of
4.3 million euros. On the basis of 7,700,000 issued shares, this
means there will be a distributable amount of 23.1 million euros.

Furthermore, the company has confirmed the results for the business
year 2005/2006, which it had already announced provisionally on May
16th 2006:

The P&I concern posted the amount of 9.8 million euros (previous
year: 5.2 million euros) as earnings before taxes and interest (EBIT)
and increased the EBIT margin from 11.6 percent in the previous year
to 19.6 percent. Total consolidated turnover increased by 5 million
euros to 50 million euros. With respect to earnings after taxes
(EAT), the P&I concern reported an improvement of its results from
3.4 million euros to 7.5 million euros. Profit per share amounted to
96 cents and was thus 119 percent higher than the previous year's
result in the amount of 44 cents. The results will be presented in
detail in conjunction with the financial statement press conference
on June 22nd 2006.

end of announcement euro adhoc 31.05.2006 20:15:50
--------------------------------------------------------------------------------

ots Originaltext: P&I Personal & Informatik AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Andreas Granderath
Telefon: +49(0)611 7147 267
E-Mail: agranderath@pi-ag.com

Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade