euro adhoc: Einhell Germany AG / Earnings Forecast / Earnings outlook 2008

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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6-month report

29.08.2008

"Ad hoc announcement in accordance with §15 WpHG"

Earnings outlook 2008

The Einhell Germany AG announces the following:

The first half of the financial year 2008 for the Einhell Group was
marked by the difficult situation on the domestic market and in
Western Europe.

In the first half-year 2008, the Einhell Group achieved revenues of
EUR200.9 million, which represents a slight fall of EUR5.1 million or
2.5% in comparison with the previous year.

Earned profits from operations are amounting to EUR11.6 million
(previous year EUR12.8 million). Thus pre-tax yield in the first
half-year 2008 was 5.8% (previous year 6.2%).

Group net profit after minority interests in the first half of the
financial year 2008 amounted to EUR7.8 million (previous year EUR8.8
million). Earnings per share are calculated at EUR2.1 per share
(previous year EUR2.3 per share).

Therefore, despite a slight fall in revenues and profits, the Einhell
Group demonstrates that its earning power is sound.

In light of the current situation, The Board of Directors expects
that planned Group target revenues for 2008 of EUR400 - EUR420
million will not be met.

This is due mainly to the forecast revenue falls for compressors
until 31 December 2008 of about EUR20 million. The EU has voted for a
anti-dumping duty of max. 77 % for Chinese compressors.

Group revenues to 31 December 2008 will probably be at the same
levels as the previous year and it is expected that there will be a
pre-tax yield of 5 - 6 %.

Landau a. d. Isar, 29 August 2008

Einhell Germany AG
The Board of Directors

end of announcement euro adhoc
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ots Originaltext: Einhell Germany AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Melanie Köppl

Finanzbuchhaltung, Investor Relations

Telefon: +49 (0)9951-942 178

Fax: +49 (0)9951-942 293

E-Mail: melanie.koeppl@einhell.com

Branche: Wholesale
ISIN: DE0005654933
WKN: 565493
Index: CDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade