EANS-News: Hypoport AG demonstrates the superior quality of its business model

The Hypoport Group's business model showed exactly what it is capable
of in the second quarter of 2010. The normalisation of market
conditions enabled all business units to play to their full
strengths, thereby generating significant revenue and earnings
growth. The bottom line was boosted by the strong distribution
network in business with private clients, the record volume of
transactions processed on the EUROPACE platform, and big-ticket deals
closed with corporate real estate clients.

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quarterly report

Subtitle: The Hypoport Group's business model showed exactly what it
is capable of in the second quarter of 2010. The normalisation of
market conditions enabled all business units to play to their full
strengths, thereby generating significant revenue and earnings
growth. The bottom line was boosted by the strong distribution
network in business with private clients, the record volume of
transactions processed on the EUROPACE platform, and big-ticket deals
closed with corporate real estate clients.

Berlin, 13 August 2010 (euro adhoc) - Following a lacklustre start to
the year, Hypoport AG has delivered a highly impressive set of
financial results for the second quarter of 2010, posting first-half
revenue of EUR28 million (H1 2009: EUR25.1 million). Earnings before
interest, tax, depreciation and amortisation (EBITDA) over the same
period came to EUR3.3 million (H1 2009: EUR2.99 million). This
translates into growth of 11 per cent in both revenue and EBITDA.

All business units contributed to this encouraging performance in
what was generally a more upbeat market environment. In the Private
Clients business, the significant expansion of the distribution
network of independent advisers and franchisees paid dividends for
the first time. The strong brand equity of the 'Dr. Klein' franchise
provided valuable support to this trend in branch-based sales.
Revenue advanced accordingly by 10.7 per cent to EUR16.5 million (H1
2009: EUR14.9 million). The Financial Service Providers business unit
also contributed to this revenue growth by generating a record volume
of transactions worth around EUR4 billion. One particularly
impressive achievement was the stellar growth in building finance
products, whose revenue soared from EUR69 thousand in the first half
of 2009 to EUR539 million in the corresponding period of 2010. This
business also benefited from the normalisation of the mortgage
finance market. In addition, the independence of the EUROPACE
transactions platform from individual product suppliers is
increasingly proving to be a unique selling proposition and is
further enhancing its success. The Corporate Real Estate Clients
business unit raised its revenue by 11.8 per cent to EUR3.8 million
(H1 2009: EUR3.4 million) and continued to benefit from its extensive
regional presence in the second quarter. This positive trend was
reinforced by individual big-ticket deals. The diversity of the
Hypoport Group's operations provided a certain protection in the
first quarter of 2010, mitigating the adverse effects of what was a
challenging market environment. "The more benign climate prevailing
in the second quarter clearly illustrated what our business model is
capable of once market conditions return to normal", commented Ronald
Slabke, the chief executive officer of Hypoport AG.

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

Further inquiry note:

Michaela Reimann

Group Communications Manager

Telefon: +49 (0) 30 42086 1936

E-Mail: michaela.reimann@hypoport.de

Branche: Financial & Business Services
ISIN: DE0005493365
WKN: 549336
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard