Beta Systems announces results for the second quarter and the first half 2006

(PresseBox) ( Berlin, )
The management board of Beta Systems Software AG (BSS, ISIN DE 0005224406) announced after a detailed analysis of the operating business and all balance sheet items for the second quarter and first half 2006 that the exceptional expenditure items, due to the risk assessment carried out in the second quarter and the cost reduction and consolidation measures, are significantly above the previous year’s level.

Beta Systems key financial figures for Q2 2006

- Revenue increased to € 23.5 million (Q2 2005: € 23.4 million)
- Special Items: Exceptional expenses of € 12.3 million for cost reduction and
consolidation measures and the current risk assessment had an effect on the
operating result.

- Operating result (from continued business operations including aforementioned
exceptional expenses) reduced to € -15.4 million (Q2 2005: € -3.5 million)
- Quarterly result decreased to € -9.4 million / -1.08 per share (Q2 2005: € 4.1 million /
€ 0.50 per share)

- Comparable, adjusted operating result reduced to € -3.2 million (Q2 2005: € -2.5
million)

- Comparable, adjusted quarterly result reduced to € -2.1 million / € -0.23 per share
(Q2 2005: € -0.9 million / € -0.11 per share)

Beta Systems key financial figures for first half 2006
- Revenue increased to € 45.3 million (HY 2005: € 43.2 million)

- Special Items: Exceptional expenses of € 13.0 million for cost reduction and
consolidation measures and the current risk assessment had an effect on the
operating result.

- Operating result (from continued business operations including aforementioned
exceptional expenses) reduced to € -19.0 million (HY 2005: € -7.6 million)

- Half-year result reduced to € -10.9 million / € -1.25 per share (HY 2005: € 2.0 million /
€ 0.24 per share)

- Comparable, adjusted operating result increased to € -6.0 million (HY 2005: € -6.6
million)

- Comparable adjusted half-year result reduced to € -3.1 million / € -0.35 per share (HY
2005: € -2.5 million / € -0.30 per share)
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