EANS-News: GESCO Annual General Meeting: Executive Board confirms positive outlook

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Annual & Special Corporate Meetings

Wuppertal (euro adhoc) - Wuppertal, 2 September 2010 - Today´s Annual
General Meeting of GESCO AG has approved a dividend of EUR 1.30 per
share for the past financial year 2009/2010. The year of the
recession was clearly profitable for the Group which achieved Group
net income after minority interest of EUR 8.9 million.

During the Annual General Meeting, the Executive Board confirmed
plans for the current 2010/2011 financial year (1 April 2010-31 March
2011) which had been published in June 2010. The Group is
anticipating Group sales between EUR 290 and 320 million and Group
net income after minority interest of EUR 9 to 11 million. Already in
its report for the first quarter on 12 August, 2010, GESCO AG had
pointed out the surge in incoming orders and a continuation of this
positive development in the second quarter.

Points on the agenda of today's Annual General Meeting included
authorisation to buy back own shares, approving the new system of
Executive Board remuneration and electing new members to the
Supervisory Board. All agenda points were adopted as proposed with
vast majority. Mr. Willi Back, Mr. Klaus Möllerfriedrich and Mr.
Rolf-Peter Rosenthal were confirmed as members of the Supervisory
Board.

About GESCO AG GESCO AG is a financial holding for a group of
industrial SMEs. It acquires successful, established niche providers,
mainly in the form of a business succession agreement, with the
objective of retaining long-term involvement in the companies while
developing their business. GESCO AG is listed on the Prime Standard
and SDAX and offers private and institutional investors the
opportunity of accessing SMEs.

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

Further inquiry note:

Oliver Vollbrecht

Leiter Investor Relations

T.: +49(0)202 24820 18

info@gesco.de

Branche: Economy, Business & Finance
ISIN: DE0005875900
WKN: 587590
Index: SDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade