EANS-Adhoc: YOUNIQ AG publishes preliminary consolidated net income for FY 2011

--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Preliminary Group result

24.02.2012

- Strategic decision to realise accelerated disposal of "Renting and
Trading" portfolio impacts consolidated net income by an estimated
one-off EUR 20.9 million net write-down - Adjusted, preliminary
consolidated net income of around EUR 0.9 million achieved through
significantly positive Q4 2011, preliminary consolidated net income
of around EUR -20.0 million due to one-off write-down - Management
expects operative cost savings of up to EUR 1.0 million per year from
optimization of the Group´s structure as well as a reduction in
investments from accelerated disposal of "Renting and Trading"
portfolio up to EUR 1.5 million

Frankfurt am Main, February 24, 2012 - In order to accelerate its
sole focus on its "Student Living" segment, YOUNIQ AG is modifying
its strategy for the planned disposal of historical inventory in its
"Renting and Trading" portfolio. Instead of the sale of individual
apartments, which is inefficient from a time and cost perspective,
this existing inventory will now be sold as part of larger portfolio
transactions. For this reason, the company has modified the valuation
approach for its non-core business "Renting and Trading" portfolio so
that all properties are now valued applying the gross income method
(DCF method). This change in valuation methodology results in a
one-off non-cash adjustment to the valuation of its "Renting and
Trading" portfolio. When taking into account a deferred tax effect,
the adjustment is estimated to amount to EUR 20.9 million, Group
investment properties are therefore valued at an estimated total of
EUR 121.0 million as of December 31, 2011 (September 30, 2011: EUR
128.3 million). The net asset value (NAV) per share of YOUNIQ AG as
of December 31, 2011, is reduced accordingly by an estimated 17.3°%
to EUR 8.50 per share (September 30, 2011: EUR 10.28 per share).

The Management Board expects additional liquidity from the
accelerated disposal of the historical inventory, which will be used
entirely for further investments of around EUR 40 million in the
"Student Housing" core business. This step enables YOUNIQ AG to
further expand its market leading position in the "Student Housing"
area.

In the 2011 financial year, YOUNIQ AG reached its growth targets with
five purchases in the "Student Housing" business area. Due to its
recent purchases, the company achieved significant net income in the
fourth quarter of 2011 (around EUR 2.5 million), as a consequence of
which preliminary adjusted consolidated net income for the full year
amounts to EUR 0.9 million. When taking into account one-off
write-downs, which are non-cash, the Group incurred a preliminary
consolidated net loss of EUR -20.0 million (previous year: EUR 5.0
million).

YOUNIQ AG aims to continue to grow its core business in the 2012
financial year and plans to acquire five further locations in
Germany. The Group structure will also be significantly optimised
through the accelerated disposal of its "Renting and Trading"
portfolio as well as the scheduled discontinuation of its monument
renovation business area at the end of the first quarter of 2012. As
a consequence of these measures, the Management Board anticipates
operating cost savings of up to EUR 1.0 million per year, and a EUR
1.5 million annual reduction in investments required for existing
properties. The additionally released liquidity and improved
profitability will also contribute to further strengthening the core
"Student Housing" business.

The final 2011 results will be announced with the publication of the
annual report on March 30, 2012.

Issuer: YOUNIQ AG Neue Mainzer Strasse 28 60311 Frankfurt am Main,
Germany ISIN: DE000A0B7EZ7 WKN: A0B7EZ Stock exchanges: Regulated
Market in Frankfurt (Prime Standard); Regulated Unofficial Market in
Berlin, Munich, Düsseldorf, Stuttgart

< End of the ad hoc announcement >

Further inquiry note:
Kontakt:
Investor Relations
cometis AG
Ulrich Wiehle / Dirk Ulmer
Tel.: +49 (0)611 - 205855-24
Fax: +49 (0)611 - 205855-66
E-Mail: ulmer@cometis.de

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: YOUNIQ AG
Neue Mainzer Strasse 28
D-60311 Frankfurt am Main
phone: +49(0)69 35101480
FAX: +49(0)69 351014890
mail: ir@youniq.de
WWW: http://www.youniq-group.de
sector: Real Estate
ISIN: DE000A0B7EZ7
indexes:
stockmarkets: free trade: Berlin, Düsseldorf, Stuttgart, regulated dealing/prime
standard: Frankfurt
language: English