31.05.2006 – 18:20

Pongs und Zahn AG

Pongs & Zahn Aktiengesellschaft:

Quarterly Report I / 2006

  ots-CorporateNews transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

In the first three months of the current financial year Pongs & Zahn
Aktiengesellschaft achieved sales at the consolidated Group level
totalling EUR 19,362,000 (2005, Pongs & Zahn AG: EUR 13,454,000), 95
percent of which were accounted for by the plastics segment. The
increase over the first three months of 2005 was based firstly on the
continued expansion of the plastics trading business with major
international customers, and secondly on the initial consolidation of
Group companies in this segment. As earnings for the period the Pongs
& Zahn Group is showing a profit for the first three months of 2006
of EUR 294,000 (2005, Pongs & Zahn AG: EUR 74,000). Because of the
exercising of option rights the basic capital of our company as of
31st March 2006 has risen since the closing date for the accounts on
31st December 2005 by EUR 990,000, and now stands at EUR 35,640,000.
The Group’s equity ratio in the first three months of 2006 thus
amounted to approximately 55 percent.

Note: Pongs & Zahn Aktiengesellschaft is reporting for the first time
in this Quarterly Report as of 31st March 2006 under the
International Financial Reporting Standards (IFRS) in the form
applicable in the EU. This means that the figures are no longer
comparable with those for earlier reporting periods. The following
companies, in addition to Pongs & Zahn AG, are included in the Group
consolidated accounts: PONACHEM Compound GmbH, Hamburg (90 %
share-ownership), VALUE PLAST AG, Munich (100 % share-ownership).

Berlin, May 31st, 2006

Chief Executive Officer

end of announcement                               euro adhoc 31.05.2006 18:20:00

Further inquiry note:

Martin Bretag
Investor Relations
Telefon: +49 (0) -89710-114
E-Mail: bretag@pongsundzahn.de

Branche: Synthetics & Plastics
ISIN: DE0006954001
WKN: 695400
Index: CDAX, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade
Börse Düsseldorf / official dealing