euro adhoc: Westag & Getalit AG / Annual Reports / Sales up 13.5% on the previous year; Earnings before income tax rise 56.9%

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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19.02.2007

Thanks to clearly improved domestic demand and high export growth,
Westag & Getalit boosted its sales by 13.5% to EUR 196.8 million in
2006 (2005: EUR 173.4 million).

Preliminary earnings before income tax surged by an impressive 56.9%
to EUR 13.5 million (2005: EUR 8.6 million) as a result of the
improved sales performance. While the cost of materials increased due
to higher commodity prices, we achieved a noticeable reduction in
personnel expenses as a percentage of sales.

According to provisional figures, net profit for the year amounts to
EUR 11.2 million (2005: EUR 5.2 million). It includes non-recurrent
special income resulting from the amendment of the German Corporate
Income Tax Act, according to which the existing income tax benefit
will be paid out in ten equal annual instalments. The total claim
must be capitalised in the balance sheet as of December 31, 2006.

The resulting special income in a discounted amount of EUR 3.2
million (which is equivalent to a gross tax benefit of EUR 4.0
million) led to a one-time reduction in our effective tax ratio in
2006 and the recognition of an increased net profit for the year. In
fact, it is only the recognition of an existing tax refund claim in
the balance sheet which has changed. This affects neither our
earnings before income tax nor our liquidity. Adjusted for this
effect, net profit for the year would have amounted to EUR 8.0
million.

All above figures are provisional and are subject to the ongoing
audit of the financial statements. Publication of the final figures
and the dividend proposal is scheduled for March 15, 2007.

end of announcement euro adhoc 19.02.2007 08:41:15
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ots Originaltext: Westag & Getalit AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Felix Huisgen
Tel.: +49 (0)5242 17 5350
E-Mail: huisgen@westag-getalit.de

Branche: Building materials
ISIN: DE0007775207
WKN: 777520
Index: Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade