EANS-Adhoc: CURANUM AG / Audit of Curanum AG accounting - determination of errors in consolidated financial statements as of December 31, 2005 and December 31, 2006

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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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Accounting and Audits

22.06.2009

BaFin audit of Curanum AG accounting - determination of errors in
consolidated financial statements as of December 31, 2005 and
December 31, 2006

The Federal Financial Supervisory Authority (BaFin) has submitted the
consolidated financial statements and Group management reports of
Curanum AG for the 2005 and 2006 financial years to an audit pursuant
to §§ 37o Paragraph 1, 37p Paragraph 1 Clause 2 Number 1 of the
German Securities Trading Act (WpHG). It determined the existence of
various errors in the accounting:

Briefly summarized, the BaFin determined the existence of the
following errors in the consolidated financial statements as of
December 31, 2005: the goodwill item on the balance sheet for the
Hennef senior care center was overstated by TEUR 716. Interest-rate
swap liabilities, which should have been reported through the income
statement at the fair value amount of TEUR 1,363, were not recognized
as liabilities in the balance sheet (this had already been corrected
in the 2006 consolidated financial statements). In addition, various
disclosures in the notes to the consolidated financial statements
failed to be made, which, as a matter of course, have no impact on
the net assets, financing and earnings positions.

Moreover, briefly summarized, the BaFin determined the existence of
the following error in the consolidated financial statements as of
December 31, 2006: the goodwill item on the balance sheet for the
Hennef senior care center was overstated by a total amount of TEUR
3,419. This results partly, to the tune of TEUR 716, from the
corresponding error already contained in the consolidated financial
statements as of December 31, 2005.

As the result of two rulings of June 18, 2009, both of which Curanum
AG received on June 19, 2009, the BaFin, pursuant to 37q Paragraph 2
Clause 1 of the German Securities Trading Act (WpHG), has issued
instructions that these errors should be publicized. Curanum AG will
satisfy its obligations arising from the rulings, and publish the
errors determined by the BaFin pursuant to § 37q Paragraph 2 of the
German Securities Trading Act (WpHG).

The errors have no impact on the earnings position of the subsequent
consolidated financial statements. According to the error
determination, goodwill must be reduced by an amount of TEUR 3,419 in
the balance sheets of the subsequent consolidated financial
statements, and equity accordingly by an equal amount.

Munich, June 19, 2009

The Management Board

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

Further inquiry note:

Bettina Pöschl

Tel. +49(0)89-242065-69

E-Mail: bettina.poeschl@curanum.de

Branche: Healthcare Providers
ISIN: DE0005240709
WKN: 524070
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
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München / regulated dealing