20.08.2003 – 08:33

broadnet mediascape communications AG

euro adhoc: broadnet mediascape communications AG
Quarterly or Semiannual Financial Statements
broadnet mediascape presents half yearly report 2003: Lasting improvement of EBTITDA and growing sales revenue (E)

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

Hamburg, August 20, 2003  In the first half of 2003 broadnet
mediascape posted revenue of TEUR 12,356 compared with TEUR 5,541 in
the corresponding period in the previous year, which is an increase
of 123 %. In the first half of 2003 the Group improved the EBITDA of
minus TEUR 2,715 in the previous year to minus TEUR 359, and
therefore by 86.8 %. The Group’s EBITDA for the second quarter was
minus TEUR 474 after TEUR 116 in the first quarter of 2003. The
positive EBITDA in the first quarter of 2003 was due to a one-off
effect in the other operating income of TEUR 1,023 net from the
agreement with a major supplier on services purchased. There was also
a one-off effect in the other operating income which improved the
result in the second quarter. This was generated from the positive
operative result of the subsidiary company broadnet mediascape dsl
services AG and because of this, the dissolution of negative goodwill
for the second quarter totaling TEUR 479. The EBIT of the broadnet
mediascape communications Group in the first half of 2003 was minus
TEUR 7,640 (previous year: minus TEUR 4,706). As of June 30, the
Group had financial resources amounting to TEUR 29,824 compared with
TEUR 39,770 on December 31, 2002. While, due to one-off payments, the
cash consumption from continuous business activity was still TEUR
7,572 because of one-off payments in the first quarter of 2003, this
sank on a lasting basis to TEUR 1,427 in the second quarter, meaning
a drop from TEUR 2,524 to TEUR 476 per month.

end of announcement        euro adhoc 20.08.2003

Further inquiry note:

Sophie Lindemann
Tel.: +49-40-668610-0

Branche: Telecommunications Equipment
ISIN: DE0005490866
WKN: 549086
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade