euro adhoc: Einhell Germany AG / Earnings Forecast / Earnings Forecast 2008

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

Company Information/Earnings Forecast 2008

28.10.2008

" Ad hoc announcement according to § 15 WpHG"

Earnings Forecast 2008

Einhell Germany AG announces the following:

The Einhell Group is expecting a turnover of Euro 370 - 380 million
as per year end. The profitability before tax will be at around 5 %.
The forecasted figures are slightly below previous year's level. The
order volume for year end did not reach the today's expectations.
Tendencies of recession especially in Western Europe show already a
clear retention in end consumer's behaviour to buy goods. With regard
to this at the moment a general reserved ordering activity can be
seen at Einhell's customers. Due to the present market situation a
soon ease of this situation can not be expected. Einhell's new
launched red and blue product lines are accepted quite well by the
market. But sales to end consumers are difficult to be forecasted.
Also for the year 2009 reliable forecasts can not be made. To meet
this general situation Einhell is already planning cost reductions
for 2009. Einhell Group has a very healthy and solid financing
structure and a traditionally very good equity ratio of around 50%.
That's why the Board sees no difficulties to handle the financing of
the current business as well as a business volume which might be
growing again in the future. Because of this reason the board keeps
without any changes to the so far very successful and long-term-based
international expansion strategy.

Landau a. d. Isar, October 28th 2008

Einhell Germany AG
The Board of Directors

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: Einhell Germany AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Silvia Vaitl

Sekretariat Vorstand

Telefon: +49 (0)9951-942 290

Fax: +49 (0)9951-942 293

E-Mail: silvia.vaitl@einhell.com

Branche: Wholesale
ISIN: DE0005654909
WKN: 565490
Index: CDAX
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