EANS-Adhoc: Sixt Aktiengesellschaft / Sixt reports stable demand in Q1 2009 - earnings dominated by adjustment effects

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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quarterly report/1st quarterly report 2009

26.05.2009

Ad hoc disclosure in accordance with section 15 WpHG
(Wertpapierhandelsgesetz - German Securities Trading Act) Sixt AG,
Zugspitzstr. 1, 82049 Pullach, Germany WKN: 723132, ISIN:
DE0007231326 WKN: 723133, ISIN: DE0007231334 Frankfurt Stock
Exchange, Prime Standard Segment

Sixt reports stable demand in Q1 2009 - earnings dominated by
adjustment effects

Pullach, 26 May 2009 - Sixt AG recorded a high level of stable demand
in its rental and leasing business in the first quarter of this year.
Total consolidated revenue amounted to EUR 376.7 million, down 7.2%
on the figure for the prior-year quarter. At EUR 176.8 million, the
rental revenue generated by Germany's largest car rental company
(excluding other revenue from rental business) was on a level with
the first quarter of 2008 (-0.1%). Other revenue from rental business
fell by 48.8% to EUR 38.4 million. The Vehicle Rental Business Unit
recorded total revenue of EUR 215.2 million (-14.6%), while the
Leasing Business Unit increased its revenue by 2.9% in the first
quarter of 2009 to EUR 101.8 million.

As expected and announced, the Group's earnings were dominated by
adjustments and one-time effects, primarily as a result of the
reduction in the rental fleet due to the significantly weakened
economy. Adjusted for these effects, earnings before taxes (EBT) were
EUR -4.2 million. EBT in accordance with IFRSs amounted to EUR -34.6
million. The Group reported a loss for the quarter of EUR 26.5
million.

On the basis of the satisfactory trend in operating demand in the
first quarter and the expected reduction in Sixt's cost base from the
second quarter onwards due to its smaller rental fleet, the Managing
Board is continuing to forecast clearly positive EBT for full-year
2009.

Contact:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 - (0) 54 04 - 91 92 0

end of announcement euro adhoc
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ots Originaltext: Sixt Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Andrea Zemann

Referentin Finanz- und Rechnungswesen

Tel: +49 (0)89 74444-5104

andrea.zemann@sixt.de

Branche: Automotive Equipment
ISIN: DE0007231326
WKN: 723132
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / regulated dealing