euro adhoc: Fortune Management Inc. / Financial Figures/Balance Sheet / Fortune Management’s net income for 2006 rise 92.8%, totaling EUR 22.8 million

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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17.04.2007

Zug, Switzerland, 17 April 2007 - The Fortune Management Group
(General Standard, ISIN USU026281027, USU026281365, USU026281779;
SIN: A0BLYY, A0ETG9, A0JC62) succeeded in increasing its net income
in the past fiscal year by 92.8% to EUR 22,803,000 (fiscal 2005: EUR
11,830,000). The undiluted result per share came to EUR 0.23 EUR
after EUR 0.16 EUR in the previous year.

Sales rose in particular due to the first-time consolidation of the
bio-diesel activities to EUR 47,425,000 (2005: EUR 2,876,000). Gross
profit came to EUR 863,000 (2005: EUR 2,624,000). Despite distinctly
higher general administrative expenses (2005: EUR 7,250,000 as
opposed to EUR 29,203,000 in 2006), an operating result of EUR
20,681,000 (2005: EUR 11,305,000) was posted due to other income
amounting to EUR 50,199,000 (2005: EUR 19,861,000. Other income is
made up primarily of the required fair value assessment of the
first-time consolidation of the bio-diesel activities in fiscal 2006
according to IFRS 3 (Business Combinations),.

Total assets per 31 December, 2006 rose to EUR 365,667,000 (31
December 2005: EUR 85,714.000); the equity ratio amounted to 24.5%
(31 December 2005: 60.3%). Liquid funds of the Fortune Management
Group climbed to EUR 31,002,000 (31 December 2005: EUR 18,475,000).

In fiscal 2006, the Fortune Management Group laid the foundation for
a continued positive business performance.

End of ad hoc release

Profile of FORTUNE Management Inc.: FORTUNE Management Inc.,
Zug/Switzerland, is a publicly listed private equity firm. Its two
business divisions are Private Equity Management and Principal
Investments. Private Equity Management achieves consistent revenues
from the management of specialised funds, whereas Principal
Investments comprises direct investments (e.g. in bio-diesel
manufacturer GATE or in the Swiss asset managers Fortune Wealth
Management Group AG) with a view to capital gains. FORTUNE Management
Inc. has subsidiaries in Zug, Zurich, Geneva, Luxemburg, Rotterdam,
Santiago de Chile, Würzburg and Vienna, as well as a branch in Dubai.
The company’s shares (ISIN: USU 026281027) are listed in the General
Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on
the DIFX in Dubai.

Contact:
FORTUNE Management Inc.
Mark Kübler
Phone +41 41 727 10 40
IR@fortune-management.com
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug

NewMark Finanzkommunikation GmbH
Hubertus Väth
Phone: +49 69 94 41 80
hubertus.vaeth@newmark.de
Robert-Mayer-Straße 48-50
60486 Frankfurt am Main

end of announcement euro adhoc 17.04.2007 10:44:45
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ots Originaltext: Fortune Management Inc.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Michael Staab
New Mark Finanzkommunikation
Tel.: +49(0)69 94418097
E-Mail: michael.staab@newmark.de

Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Frankfurter Wertpapierbörse / regulated dealing/general
standard


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