euro adhoc: SinnerSchrader AG / Earnings Forecast / SinnerSchrader adjusts forecast for 2006/2007 financial year / Restructuring costs push down income while revenue goals remain steady / New customer

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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02.07.2007

Ad hoc notification in accordance with Article 15 of the German
Securities Trading Act

Hamburg, 2 July 2007

After the conclusion of the third quarter (1 March to 31 May 2007),
SinnerSchrader has adjusted its income forecast for the 2006/2007
financial year. The re-integration of the previously independent
operative units under the agency brand of SinnerSchrader led to costs
between EUR 0.2 and 0.3 million in the third quarter. It will
probably not be possible to compensate for these costs by the end of
the financial year.

The operating result (EBITA) in the third quarter will therefore be
lower than planned and slightly less than in the previous year. Even
if the target revenues of EUR 18.2 million are achieved,
SinnerSchrader will, based on the latest forecast, fall between EUR
0.2 and 0.3 million short of its goal of EUR 1.2 million for the
financial year as a whole.

SinnerSchrader's new structure has met with a positive response on
the side of the market and customers. Incoming orders in the third
quarter were 17 per cent higher than in the previous quarter and 13
per cent higher than in the previous year. Furthermore, in June, the
Scandinavian shoe brand Ecco asked SinnerSchrader to develop and
implement its worldwide Internet strategy.

SinnerSchrader will publish its final figures for the third quarter
on 12 July 2007.

Contact:
SinnerSchrader Aktiengesellschaft

Martin Recke, Corporate Communication,
T +49. 40. 39 88 55-181

Kirsten Schütt, Investor Relations,
T +49. 40. 39 88 55-150

E-mail: ir@sinnerschrader.de, Fax: +49. 40. 39 88 55-100

end of announcement euro adhoc 02.07.2007 20:24:06
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ots Originaltext: SinnerSchrader Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Kirsten Schütt
Investor Relations
Telefon: +49 (40) 398855-150
E-Mail: k.schuett@sinnerschrader.de

Branche: Software
ISIN: DE0005141907
WKN: 514190
Index: CDAX, 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