EANS-Adhoc: Kizoo AG - Q1 Report for Fiscal 2009

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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.
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3-month report

30.04.2009

Karlsruhe, April 30, 2009. Kizoo AG (ISIN: DE000CMBT111), Karlsruhe,
published its results for the first quarter of fiscal 2009 today. The
first three months of the year developed on schedule, with
significantly reduced costs. Against the backdrop of the difficult
general economic situation, investments in the Technology Ventures
business line were deliberately restrictive. The realization of the
discontinued business lines Real Estate and Data Center makes good
progress under the given economic framework conditions. The financial
investments of the company (EUR 194.4 million including United
Internet shares) developed in a stable manner with significantly
lower interest income due to market circumstances. Against the
backdrop of the dividend omission of United Internet, a net loss for
the year of a low single digit million amount is now anticipated.

The operating cost basis of the company continued to be reduced, as
planned. Earnings before interest and taxes (EBIT) amounted on a
Group level during the reporting period to EUR -0.8 million (Q1/08:
EUR -1.4 million). For Q1/09 the earnings before interest, taxes,
depreciation and amortization (EBITDA) amounted to EUR -0.7 million
(Q1/08: EUR -1.1 million) with scheduled depreciations and
amortizations of T EUR 57.

During the first quarter of fiscal 2009 the investment of liquid
assets and other securities generated a positive financial result of
EUR 0.3 million (Q1/08: EUR 1.3 million), so that the result from
continued business lines totaled EUR -0.5 million (Q1/08: EUR -0.2
million). Furthermore, the result from the discontinued business
lines Real Estate and Data Center of EUR -0.1 million (Q1/08: EUR
-1.4 million) needs to be taken into account. This leads to a deficit
of EUR -0.6 million (Q1/08: EUR -1.6 million) for the first quarter
of 2009. The operating cash flow amounted to EUR -0.9 million versus
EUR -1.6 million during the comparative prior year quarter.

Appendix: Table

|In EUR million |Q1/2009 |Q1/2008 |
|General administration costs |(0.7) |(1.4) |
|Research and development costs |(0.1) |0 |
|Operating income from the continued business |(0.8) |(1.4) |
|lines | | |
|Financial result |0.3 |1.3 |
|Result from continued business lines |(0.5) |(0.2) |
|Result from discontinued business lines |(0.1) |(1.4) |
|Net loss for the period |(0.6) |(1.6) |
|Net loss for the period per share (in Euro) |(0.02) |(0.05) |
|Liquid assets and other securities (including |194.4 |434.9 |
|United Internet shares) | | |
|Shareholders' equity |204.5 |446.3 |
|Balance sheet total |215.8 |463.4 |

The full quarterly report is available on
http://www.kizoo.com/en/reports.

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

Further inquiry note:

Kizoo AG, Investor Relations, Silvia Teschner, Tel.: 0721-5160-2701,
silvia.teschner@kizoo.com

Branche: Online
ISIN: DE000CMBT111
WKN: CMBT11
Index: CDAX, Prime 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 Hannover / free trade
Börse München / free trade