DEAG continues to grow in 2013 and increases the result in a clearly disproportionate manner

Dividend increase planned

Berlin, (PresseBox) - .
- Group result from continued operations increases by 33.3 % to 3.6 EUR million
- Executive Board proposes a 50 % dividend increase to 0.12 EUR
- Sales revenues and result are to continue to grow in 2014

According to preliminary figures for fiscal 2013, DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6) has continued its profitable growth and further extended its good market position. DEAG has succeeded, in line with its strategy, to increase the Group result from continued operations in a clearly disproportionate manner. The positive development was also supported by the acquisitions made in 2013, which have been perfectly integrated into the Group. Moreover, DEAG generated significant contributions to the result from the distribution business. The Executive Board will propose to the General Meeting and the Supervisory Board a 50 % higher dividend in the amount of 0.12 EUR per share for the past fiscal year.

In fiscal 2013 the Group sales revenues before consolidation amounted to 178.4 EUR million, after consolidation Group sales revenues increased by 6.3 % to 165.5 EUR million. With 10.2 EUR million, the EBITDA recorded a plus of 18.6 % (prior year: 8.6 EUR million). The normalized EBIT before amortizations from purchase price allocations of the companies acquired in 2013 in the amount of around 1.4 EUR million, rose by 16.0 % to 8.7 EUR million. The Group result after minority interests from continued operations amounted, despite amortizations in respect of purchase price allocations required in accordance with IFRS, to 3.6 EUR million and hence 33.3 % above prior year (2.7 EUR million). This corresponds to earnings per share of 0.27 EUR from continued operations (prior year: 0.22 EUR).

The expenses in the "Qivive" case (cp. Ad hoc announcement of May 24, 2013 and 6M Report 2013) are taken into account to the full extent as discontinued operations. After the successfully asserted recourse claims against the audit company, further damage claims have been submitted. DEAG is confident that the expenses currently reported in this respect can be further reduced.

All business units made a contribution to the good development in 2013. The activities in the fields of Middle-of-the-Road Music & German Hit Songs as well as Family Entertainment have been particularly profitable. Thanks to the acquisitions, the business grew in fiscal 2013 in the region Western Germany as well as in the fields of Rock/Pop. The disproportionately high-growth was also positively influenced by the further rise in contributions from the distribution business.

After the positive fiscal year 2013 and a good start into the new business year, the Executive Board anticipates another positive business development in 2014. The very well filled event pipeline and the high number of tickets already sold support these expectations. In co-operation with Ticketmaster and the German tabloid Bild, two extraordinary open air concerts of the Rolling Stones were sold out within minutes. The same applied to the approximately 200,000 tickets for the two reunion concerts of the band Böhse Onkelz. A new long-term cooperation with Circus Roncalli and an associated high six-digit ticket volume will contribute to further growth in the field of Family Entertainment. Concerts with Lady Gaga, Beyoncé, open air concerts with Andreas Gabalier, David Garrett, or opera productions like Puccini's La Bohème at the London Royal Albert Hall are some examples illustrating how diversified and demand-oriented the portfolio is structured.

The English version of the annual financial report 2013 will be published on April 17, 2014 under Investor Relations at www.deag.de.

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