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Delticom AG

Delticom enjoys strong growth despite unfavorable climate

Hannover (euro adhoc) -

- Preliminary revenues in H1 2008 up 19% year-on-year
- More than 340,000 new customers
- Foreign revenues at high level of 65%
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
finances
Hanover, July 31, 2008 - Delticom AG (German
Securities Code (WKN) 514680, ISIN DE0005146807, ticker symbol DEX), 
Europe´s leading Internet tyre dealer, recorded revenues totaling EUR
121.5 million in the first six months of fiscal year 2008 - according
to preliminary figures. This corresponds to an increase of 19.1% 
compared with the prior-year period (EUR 102.0 million). Delticom's 
growth has thus become substantially more dynamic in the second 
quarter after 9.4% in the first quarter.
Despite the sluggish start to the quarter for European tyre retailing
due to the poor weather, Delticom again enjoyed significant growth. 
Only a little or no snow fell at the start of the year in practically
all European countries with a high proportion of winter tyres, with 
the result that European tyre retailers were not able to sell as many
winter tyres as in the previous year. The subsequent business with 
summer tyres also got off to a delayed start, as it was comparatively
cold throughout Europe in March and even into April, with many car 
drivers putting off buying their summer tyres. Temperatures started 
to lift in mid-April, boosting summer tyre sales, and there have been
substantial increases in sales since May.
The consistent international orientation of Delticom's business means
that it is able to compensate for weaker sales in some countries with
excellent growth in other regions. Foreign sales already accounted 
for 65% of revenues in the first half of the year.
The company was able to acquire more than 340,000 new customers in 
the period under review. More than 133,000 repeat purchasers again 
bought products from one of the 93 online shops. At present, this 
means that more than 2.3 million customers have decided to make 
purchases from Delticom's TÜV-certified Internet shops.
CEO Rainer Binder is very pleased with business: "Following 
seamlessly on from the very successful first quarter, we have again 
enjoyed substantial growth in Q2, countering the market trend. As the
market leader we have succeeded in further growing our market share 
throughout Europe."
The driving force behind this positive business growth is the surge 
in eCommerce. More and more people are using the Internet as a matter
of course to specifically find information and to make purchases. In 
Germany, more than EUR 18 billion was turned over in online retail 
with end customers in 2007. Shop operators are also forecasting 
increased revenues for this year. A survey by the specialist 
eCommerce Group in the Bundesverband Digitale Wirtschaft (BVDW - 
Federal Association for Digital Business) shows that Internet 
retailers are forecasting average growth of around 18% for the 
current year. The product group "tyres" also reflects this trend: 
According to the ADAC's "Reifenmonitor 2008" - a representative 
survey of members of the ADAC (German Motorists' Association) - an 
average of 28.1% of 18 to 39-year old car drivers can certainly 
imagine buying their tyres online in future. Of this group, just 6.1%
have actually bought tyres in the Internet. Other studies also point 
towards continued strong growth in European tyre retail in future.
As a result of the growth to date and the available market forecasts,
Delticom's management is forecasting unchanged revenues of EUR 240 - 
260 million and an EBIT margin of between 5% and 6% for the current 
fiscal year.
The portal www.mytyres.co.uk was revamped at the start of July. The 
shop was reworked to make it more transparent and customer friendly, 
allowing consumers to find the right tyres even more quickly, and to 
then conclude their purchase.
Delticom AG will publish its full six-month report for 2008 on August
13, 2008.
Company profile:
Delticom was formed in Hanover in 1999 and has grown to become 
Europe's leading Internet tyre retailer. The company offers its 
private and business customers a wide range of products in its 93 
online shops in 35 countries, including car tyres, motorcycle tyres, 
truck tyres, bus tyres, the respective rims, complete wheels 
(pre-mounted tyres on rims), selected replacement car parts and 
accessories, engine oils and batteries. Delticom´s customers receive 
information on product characteristics and alternatives; they benefit
from a comprehensive range of goods with more than 100 tyre brands 
and more than 25,000 tyre models. The products are supplied, 
depending on the customer's instructions, either directly to the 
customer, to a service partner, i.e., a workshop with which Delticom 
cooperates and which allows tyres to be delivered directly to their 
address to be mounted on the customer's vehicle, or to a different 
delivery address. In addition, Delticom's Wholesale division also 
sells tyres to wholesalers in Germany and abroad.
On the Internet at: www.delti.com
Online tyre store in the UK: www.mytyres.co.uk
end of announcement                               euro adhoc

Contact:

Company

Delticom AG Investor Relations
Melanie Gereke
Brühlstraße 11
30169 Hanover
Tel.: +49 (0)511-936 34-8903
Fax: +49 (0)89-208081147
e-mail: melanie.gereke@delti.com

IR Agency
cometis AG
Henryk Deter
Unter den Eichen 7
65195 Wiesbaden
Tel.: +49 (0)611-205855-13
Fax: +49 (0)611-205855-66
e-mail: deter@cometis.de

Branche: Electronic Commerce
ISIN: DE0005146807
WKN: 514680
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

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