EANS-Adhoc: freenet AG / freenet Group announces preliminary figures

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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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annual report

09.02.2010

Büdelsdorf, 09 February 2010 - Preliminary figures indicate that
freenet AG generated Group revenue of 3,650.7 million euros in 2009,
compared with 2,776.5 million euros in 2008. The Group´s gross profit
for the past financial year came to 774.6 million euros, vs. 563.6
million euros the previous year.

Earnings before interest, taxes and depreciation/amortisation
(EBITDA) came to 327.2 million euros compared with 172.1 million
euros in 2008. The 2009 EBITDA figure includes negative one-off
items in the amount of 66.2 million euros, of which 55.2 million
euros pertain to the Mobile Communications segment. In 2008, the
one-off items were incurred only in the Mobile Communications
segment, and burdened EBITDA by 82.9 million euros.

The recurring EBITDA - adjusted for one-off items - for the past
financial year was 393.4 million euros, compared with 255.0 million
euros in 2008. The Mobile Communications segment accounted for 377.7
million euros of this figure (past financial year 206.9 million
euros).

The Group result was 256.5 million euros vs. 111.6 million euros in
2008.

The Executive Board has decided to propose to the Supervisory Board
the payment of a dividend in the amount of 0.20 euros per individual
share certificate from retained earnings.

The DSL business and the STRATO Group, both sold during the financial
year under review, and debitel Nederland B.V., which had already been
sold in 2008, are shown in the Group figures as discontinued
operations in accordance with IFRS 5. The discontinued operations
contributed 239.9 million euros (-15.9 million euros in 2008) to the
Group result, while the continued operations generated a Group result
of 16.6 million euros (127.5 million euros in 2008) - one-off tax
income was incurred in the past financial year in connection with the
acquisition of the debitel Group.

The following should be noted in connection with the previous year
comparison figures with respect to the consolidated financial
statements published in 2008: firstly, the debitel Group, which was
acquired in early July 2008, was not yet consolidated in freenet´s
financial statements for the first half of 2008. Secondly, the
comparable figures were adjusted in accordance with IFRS 5 to reflect
the sale of the STRATO Group. In addition, there were retrospective
reclassifications to be made within the income statement items
relating to continued operations for 2008 due to the completed sale
of the broadband business.

All figures are based on preliminary calculations prior to the final
consolidation and completion of audit. Therefore, there may be
deviations from the final financial figures, to be presented on 16
March.

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

Further inquiry note:

freenet AG

Investor Relations

Tel.: +49 (0)40 51306-778

E-Mail: ir@freenet.ag

Branche: Telecommunications
ISIN: DE000A0Z2ZZ5
WKN: A0Z2ZZ
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