AvW posts highest profit in company history

- Net profit increased by + 5.9% to EUR 11.205 million

- Balance sheet total increased by + 30.3% to EUR 346.960 million

- Clear commitment to further growth

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Krumpendorf/Wörthersee (euro adhoc) - In the past financial year
2007, AvW Gruppe AG achieved the best result in its entire history.
The net profit rose by 5.9 per cent to EUR 11.205 million (2006: EUR
10.585 million), and the balance sheet total climbed by 30.3 per cent
to EUR 346.960 million (2006: EUR 266.332 million). The extremely
high equity ratio of 91 per cent is also a cause for satisfaction.

EUR mill. 2007 2006 Change in %
Sales revenues 115.372 51.202 + 125.3%
Profit before taxes (POA) 13.628 14.937 - 8.8%
Net profit for the year 11.205 10.585 + 5.9%
Balance sheet profit 18.912 12.142 + 55.7%
Balance sheet total 346.960 266.332 + 30.3%
Equity capital 317.113 251.408 + 26.1%
Equity ratio 91% 94%
D&B credit rating 5A1 5A1
Employees 284 240 + 18.3%

"We have optimally utilised the volatile ups and downs of the stock
markets. We not only significantly increased our profits, but also
massively expanded our portfolio of equity investments," says
Wolfgang Auer von Welsbach, Chairman of the AvW Board of Management.
"This makes AvW one of the largest and fastest growing investment
companies in Europe." Over the past five years, the net profit of the
AvW Group has increased from EUR 0.5 million in 2002 to EUR 11.205 in
2007 (plus 2,141 per cent). In the same period, the balance sheet
total climbed from EUR 74 million to EUR 346.960 million (plus 369
per cent).

Currently, AvW holds more than 30 per cent of the shares of the
Austrian fund company C-Quadrat, and around 27 per cent (and thus the
blocking minority) in the IT company S&T and the industrial
enterprise Binder, both of which are listed on the Vienna Stock
Exchange. In the last few months, AvW also significantly expanded its
investment in a number of German IT and telecommunications companies,
such as Realtech, Cancom, Ecotel, Nextevolution or the GFT Group. All
of AvW´s major investments are published on the company´s website
(www.avw.eu).

During the current financial year, AvW will continue its commitment
to pursuing opportunities for additional growth, with the aim of
achieving further increases in both profits and the balance sheet
total. One of the medium-term goals of AvW is to reach a balance
sheet total of EUR 1 billion. At the same time, further investments
will be made. "In line with our objective of continuing the expansion
of our portfolio of equity investments, an amount in the double-digit
million euro range has again been appropriated for this purpose in
2008," says Mr. Auer von Welsbach.

AvW Group is an Austrian investment company focusing on small caps in
Austria, Germany, Asia and Australia. AvW already ranks among the
largest, most profitable and fastest growing investment companies in
Austria. AvW participating certificates (AVWIga.F, ISIN AT0000703269)
of the AvW Group are listed on the Frankfurt Stock Exchange. More
information about AvW is available on the Internet at www.avw.eu

end of announcement euro adhoc
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ots Originaltext: AvW Management-Beteiligungs AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

AvW Gruppe AG

Mag. Brigitte Burger

Tel.: +43 (0)4229/3621-24

mailto:b.burger@avw.eu

Branche: Economy, Business & Finance
ISIN: AT0000703269
WKN: 763759
Börsen: Börse Frankfurt / free trade