euro adhoc: Einhell Germany AG / Financial Figures/Balance Sheet / Financial Figures / Balance Sheet

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11.12.2008

"Ad hoc announcement according to § 15 WpHG"

Financial figures / financial statement

Einhell Germany AG announces the following: The market environment
has significantly worsen for the Einhell Group. The development of
turnover und profit will be considerably affected by the effect of
the international financial crisis in conjunction with the worldwide
recession. Due to the current November figures as well as the
emerging sales collapse in December the turnover in business year
2008 will be approx. 8 to 10% below the previous year. An exact
forecast for the next month's business development is - based on the
difficult surrounding conditions, in particular through the extreme
rejections in the field of the worldwide currencies - not possible.
The resulting influences on cost of sales and financial result cannot
be reliably evaluated. The present market situation does not lead to
the assumption of a fast relaxation of the market. So a reliable
forecast for the business year 2009 can also not be made at present.
Einhell Group has a very healthy and solid financing structure and a
very good equity ratio. 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, 11 December 2008

Einhell Germany AG
The Board of Directors

end of announcement euro adhoc
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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: DE0005654933
WKN: 565493
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