EANS-News: Hypoport AG starts the year on a high

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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quarterly report

Berlin, 9 May 2011 (euro adhoc) - Hypoport achieved impressive
year-on-year improvements in its revenue and earnings in the first
quarter of 2011. Its revenue jumped by 46.3 per cent to EUR17.7
million (Q1 2010: EUR12.1 million). All business units increased
their revenue. This led to an EBITDA of EUR2.3 million (Q1 2010: -
EUR28 thousand).

This revenue growth enabled the Company to raise its gross profit by
45.3 per cent to EUR10.4 million (Q1 2010: EUR7.1 million). "This
strong first-quarter performance is particularly encouraging because
our business does not usually pick up until later in the year",
explained Ronald Slabke, Chief Executive Officer of Hypoport AG. The
Hypoport Group continued to invest heavily in its cutting-edge B2B
financial marketplaces EUROPACE, GENOPACE and FINMAS in the first
three months of 2011 in order to extend its market lead across all
business units. "Given their ever more regulated environment and the
severe competitive pressures under which they operate, it is evident
that financial product distributors and banks are increasingly
becoming aware of and exploiting the networking and automation
potential offered by EUROPACE, GENOPACE and FINMAS", added Slabke.
The Company's Private Clients business unit more than doubled the
volume of business it transacted in life insurance, general insurance
and private health insurance. In addition, Hypoport continued to
expand its branch network as part of its distribution of financial
products under the Dr. Klein brand. It now has 577 finance
specialists who advise the Dr. Klein clients acquired over the
internet. This represents a year-on-year increase of 120
professionals. The growth generated in the Corporate Real Estate
Clients business unit enabled Dr. Klein to further consolidate its
position as market leader.

Slabke was confident about the outlook for the rest of 2011:
"Assuming that market conditions remain stable, we expect to achieve
double-digit revenue growth and a net profit in line with last year's
record figure".

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