EANS-News: C-QUADRAT Investment AG / Consolidated Net Income 1-9/2011 of C-QUADRAT Investment AG

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quarterly report

Vienna / Frankfurt (euro adhoc) - • Positive result despite difficult
outline conditions • Net profit for the period amounts to EUR 2.5
million • Strong increase in management fees from EUR 25.1 million to
EUR 34.0 million • Personnel expenses reduced from EUR 6.3 million to
EUR 5.6 million

In the interim period 1-9/2011 C-QUADRAT Investment AG (ISIN
AT0000613005) realized a consolidated net profit of EUR 2.5 million
despite facing tougher outline conditions on the capital markets.As
in previous quarters in 2011, a particularly positive trend was the
strong increase in management fees (35 %), from EUR 25.1 million to
EUR 34.0 million.The management fees are the fees charged for the
continuous management of investment funds.They represent the basis of
an asset manager´s revenue structure and are the most important
indicator for the long-term earnings power of the Company.

As well as the higher average assets under management, this strong
rise in management fees is due to a pronounced improvement in margins
through the replacement of institutional assets with retail
assets.The significantly higher management fees in the 2011 financial
year to date represent a crucial improvement in the Company´s
long-term earnings power.

In the half year report for the current financial year, C-QUADRAT
previously indicated that the amount of the performance fees may be
subject to significant fluctuations, which are also dependent on
current stock market events.The weak and volatile stockmarket
environment in 2011 due to Fukushima, the Eurozone´s debt crisis and
the unprecedented influence of political decisions on stock-market
events resulted in a decrease in performance fees to EUR 0.3 million
in the interim period 1-9/2011 (1-9/2010: EUR 10.3 million).C-QUADRAT
earns these fees when the investment funds under its management
achieve a positive performance beyond a high watermark.Accordingly,
performance fees fluctuate strongly from one reporting period to
another.

Personnel expenses have decreased from EUR 6.3 million to EUR 5.6
million in the interim period 1-9/2011.Other administrative expenses
have increased from EUR 3.6 million to EUR 3.8 million. The
consolidated net profit for the period amounts to EUR 2.5 million
(2010: EUR 9.3 million).

C-QUADRAT founder and management board member Alexander Schütz
comments:"We have realized a positive result for the period despite
extremely difficult outline conditions.The increase in recurring
revenues in the form of management fees is particularly pleasing.Our
result in the previous year would have been significantly worse
without the performance fees.This year we have achieved a positive
result even in the absence of performance fees since we have a higher
volume of assets under management and an improved margin structure.By
the end of the year we expect to acquire several major management
mandates."

With immediate effect, the interim report 1-9/2011 of C-QUADRAT
Investment AG is available for downloading at www.c-quadrat.at in the
Investor Relations area.

Further inquiry note:
Mag. Andreas Wimmer
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Vienna
Tel.: +43 1 515 66 316
Mail: a.wimmer@investmentfonds.at
www.c-quadrat.com

end of announcement euro adhoc
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company: C-QUADRAT Investment AG
Stubenring 2
A-1010 Wien
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
mail: c-quadrat@investmentfonds.at
WWW: www.c-quadrat.at
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English