euro adhoc: Sixt Aktiengesellschaft / quarterly or semiannual financial statement / Sixt increases consolidated profit by almost 10% and generates double-digit revenue growth again in Q1 2008

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quaterly report/1st Quater 2008

29.05.2008

Ad hoc disclosure in accordance with section 15 WpHG 05/2008
(Wertpapierhandelsgesetz - German Securities Trading Act)

Sixt AG, Zugspitzstr. 1, 82049 Pullach, Germany
WKN: 723132, ISIN: DE0007231326
WKN: 723133, ISIN: DE0007231334
Frankfurt Stock Exchange, Prime Standard Segment

Sixt increases consolidated profit by almost 10% and generates
double-digit revenue growth again in Q1 2008

Pullach, 29 May 2008 - In the first three months of 2008, Sixt AG
once again generated double-digit growth in consolidated operating
revenue.

Revenue from the rental and leasing business increased by 13.4% to
EUR 350.9 million (Q1 2007: EUR 309.4 million). Foreign business
continued its dynamic development, boosting operating revenue by
24.6% to EUR 73.5 million compared with EUR 59.1 million in the
previous year. This lifted the international share of total
operating revenue from 19.1% to 21.0%. Total consolidated revenue
rose by 11.9%, from EUR 362.5 million in the previous year to EUR
405.9 million.

Consolidated profit for the quarter increased by 9.4% to EUR 24.8
million (Q1 2007: EUR 22.7 million). Basic earnings per share
increased to EUR 0.99 (previous year: EUR 0.91; +8.8%).

For the first three months, the Group reported a slight 3.0%
decline in consolidated profit before taxes (EBT) to EUR 35.4
million. This development, which was in line with the Company's
expectations, was mainly due to the different timing of Easter
week compared with the previous year (Easter week fell in Q2 in
2007), which resulted in weaker rental business in March, and to
fair value measurement losses on the interest rate derivatives
used. While a net gain of EUR 0.8 million from interest rate
hedging transactions was reported in the prior-year quarter, the
reporting period saw a net loss of EUR 1.4 million.

Both business units, Vehicle Rental and Leasing, recorded an
improvement in operating revenue in the first quarter of 2008. The
Vehicle Rental Business Unit generated revenue of EUR 252.1
million (Q1 2007: EUR 222.0 million; +13.6%). The Vehicle Rental
Business Unit's EBT fell by 6.7% from EUR 31.2 million in Q1
2007 to EUR 29.2 million in the period from January to March
2008. The decline in earnings is mainly due to the different
timing of the Easter week described earlier and the fair value
measurement loss on the interest rate derivatives used compared
with the previous year's positive figure.

The Leasing Business Unit increased its revenue by 13.1% to EUR 98.8
million in the first quarter of 2008 (Q1 2007: EUR 87.4 million).
EBT was up 5.4% on the previous year to EUR 3.3 million (Q1 2007:
EUR 3.1 million) despite increased financing costs.

The Managing Board remains optimistic about financial year 2008 and
expects a

further year-on-year increase in consolidated operating revenue and
consolidated profit. This forecast assumes that the macroeconomic situation in
Europe remains stable, that the planned price increases can be implemented, and
that no unforeseen negative events for the Group occur. Further details of the
full-year targets will be provided at a later date.

Contact:

Media Relations / Investor Relations:
Irina Pchelova
CNC Communications & Network Consulting AG
Tel.: +49 (0) 89 599 458 143
Mob: +49 175 572 4998
Irina.Pchelova@cnc-communications.com

end of announcement euro adhoc
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ots Originaltext: Sixt Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Kirsten Struve

Tel.: +49(0)89 74444-4260

E-Mail: kirsten.struve@sixt.de

Branche: Automotive Equipment
ISIN: DE0007231326
WKN: 723132
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / regulated dealing