euro adhoc: AdLINK Internet Media AG / other / AdLINK Group with weak progress and reduced forecast for 2008

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30.10.2008

AdLINK Group with weak progress and reduced forecast for 2008

Montabaur, October 30, 2008. The Management Board and Supervisory
Board of AdLINK Internet Media AG (AdLINK Group) today announced its
consolidated figures for the first nine months of 2008.

Consolidated sales grew by 2.3% from EUR 159.7 million in the
comparative period of 2007 to EUR 163.4 million. Earnings before
interest, taxes, depreciation and amortization (EBITDA) fell by 38.5%
from EUR 18.2 million (comparable prior-year figure) to EUR 11.2
million. Earnings before taxes (EBT) fell by 43.9% from EUR 13.9
million (comparable prior-year figure) to EUR 7.8 million.

In addition to the problematic development of the Domain Marketing
segment in the 1st half of 2008, the strong fall in demand from
customers in Display Advertising particularly in the 3rd quarter -
due to the global financial crisis and the resulting fears of
recession - had a strong negative impact on the sales and earnings
figures of the AdLINK Group. In addition to falling sales volumes,
this drop in customer demand has also led to fierce competition for
the remaining budgets and thus increased the pressure on prices and
margins. Whereas sales and earnings figures in the Domain and Display
segments were well below expectations, progress in the Affiliate
Marketing segment was as expected.

As a result of the above mentioned negative factors, gross margin
fell from 24.9% in the first nine months of 2007 to 22.1% in the
period under review. In a quarterly comparison, gross margin fell
from 23.6% in the 3rd quarter of 2007 to 18.9% in the 3rd quarter of
2008.

On the basis of current expectations, the Management Board of the
AdLINK Group has adjusted its previous forecast for fiscal year 2008
and now expects sales at approximately the same level as last year
(previously + 10%) and a positive EBT of EUR 10-12 million
(previously around EUR 21 million). As the further impact of the
economic development on business in the traditionally strong 4th
quarter is currently difficult to forecast, the forecast for the
remaining months remains fraught with uncertainty.

|9-month comparison |Jan. - Sept. |Jan. - Sept. |Change |
|in EUR million |2007* |2008 | |
|Sales |159.7 |163.4 |+2.3% |
|EBITDA |18.2 |11.2 |-38.5% |
|EBT |13.9 |7.8 |-43.9% |

* 2007 adjusted for a net positive effect on earnings of EUR 16.8 million in
EBITDA and EUR 7.4 million in EBT from Q2 2007.

|Quarterly comparison |3rd quarter 2007 |3rd quarter 2008|Change |
|in EUR million | | | |
|Sales |55.4 |49.7 |-10.3% |
|EBITDA |5.4 |1.2 |-77.8% |
|EBT |3.9 |-0.2 | |

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

Further inquiry note:

Marcus Schaps

AdLINK Internet Media AG

Elgendorfer Straße 57

56410 Montabaur

Germany

Phone: +49 (0) 2602 96-1319

Fax: +49 (0) 2602 96-1013

mschaps@adlinkgroup.net

Branche: Online
ISIN: DE0005490155
WKN: 549015
Index: TecDAX, Prime All Share, Technologie All Share
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