EANS-News: november Aktiengesellschaft / 1. quarterly report

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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3-month report

Köln, 13.05.2011 (euro adhoc) - november AG Accomplishes Turnaround,
Posting Annual Surplus/Publication of consolidated financial
statement for 1st quarter 2011

• operating turnaround achieved
• operating income TEUR 188
• for the first time positive equity of EUR 258
• liabilities significantly reduced and rearranged long-term
• earnings per share EUR 0.04

The november AG, Cologne (WKN A0Z24E), listed in the Prime Standard
of the German Stock Exchange (Deutsche Börse) is publishing its
quarterly results for the first three months of 2011 today, May 13,
2011.

In the first quarter 2011, with a total turnover of TEUR 907 (first
quarter 1010: TEUR 995), november AG achieved an operating profit of
TEUR 188. This is the first consolidated profit without extraordinary
effects and again a significant improvement as compared to the first
quarter results of 2010 with a negative result of TEUR -137.
Accordingly, the earning per share (EPS) improved to EUR 0.04 (2010:
EUR -0.06).

For the first time since 2006 this consolidated profit for the first
quarter 2011 results in positive equity in the amount of TEUR 258 and
an equity ratio of 0.10%. Thus, within three years, november AG
succeeded in establishing a sound financial basis by reducing the
equity from TEUR -5.654 (2008) to TEUR -3.770 (2009) to TEUR -1.394
(2010) at an equity ratio of -1.06 (2008) to -1.01 (2009) to -0,51%
(2010).

In addition to the balance sheet improvements, also the financial
burdens/ outstanding loans of the Group were significantly reduced by
TEUR 1.665 to TEUR 1.514 (2010: TEUR 3.179). For the most part,
maturity and repayment terms were extended to twelve years, reducing
the short-term loan liabilities to TEUR 369, resulting in an
extremely low monthly impact on liquidity.

This way, november AG accomplished the turnaround and is looking
forward with confidence to future developments.

Almost simultaneously, Camkan Invest S.a.r.l., the largest
shareholder of november AG, has announced another increase of its
package of shares in november AG to more than 25%.

This year´s Annual Shareholders´ Meeting of november AG takes place
on May 17, 2011 in Cologne.

The complete first quarter results 2011 are available now at
www.november.de/investor-relations/berichte/

end of announcement euro adhoc
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company: november Aktiengesellschaft
Hansaring 97
D-50670 Köln
phone: +49(0)221-82005 20-10
FAX: +49(0)221-82005 20-15
mail: info@november.de
WWW: http://www.november.de
sector: Biotechnology
ISIN: DE000A0Z24E9
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Stuttgart, Düsseldorf, Hannover, München
language: English

ots Originaltext: november Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Tel.: +49 (0) 221 820 05 20 10
E-mail: info@november.de

Branche: Biotechnology
ISIN: DE000A0Z24E9
WKN: A0Z24E
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade