17.08.2006 – 07:12

Air Berlin PLC

euro adhoc: Air Berlin PLC & Co Luftverkehrs KG
Mergers - Acquisitions - Takeovers
Air Berlin takeover of dba - earnings surge in the second quarter - The networks of both companies complement each other perfectly - dba to operate independently under

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

17.08.2006

Frankfurt, 17th August - Air Berlin PLC has acquired 100 per cent of
the shares in dba Luftfahrtgesellschaft Munich. On the occasion of
the dba acquisition, Air Berlin PLC is to publish its report for the
second quarter of 2006 earlier than scheduled, on Thursday. In the
period between April to June of this year, Air Berlin PLC achieved a
turnover of 401 million euros. In the comparable period of 2005, the
equivalent figure was 330 million euros. On a cumulated basis, the
turnover in the first half-year increased from 545.8 million euros
(2005) to 625 million euros (2006). In the second quarter, EBIT was
44.8 million euros after 8.8 million euros in the comparable period
of the previous year. In a six-month comparison, the operating loss
which is traditionally generated in air travel in the first quarter,
narrowed from 28.2 million euros to 12.9 million euros. The net
result in the second quarter of the current year was 30.1 million
euros. In the comparable period of the previous year, the figure was
-4.2 million euros. On a cumulative basis in the first half-year of
2006 a minus of 1 million euros was generated (2005: -43.1 million
euros). Here it should be taken into account that the final IPO costs
of 13.7 million euros are included in the second quarter. The
acquisition of dba will not result in any additional charges for the
Air Berlin result so that the management continues to expect a
considerable profit for the 2006 financial year.

Consolidated Statements of Income

                            1.1.-30.6.06 1.1.-30.6.05 1.4.-30.6.06 1.4.-30.6.05
                                in TEUR      in TEUR      in TEUR   in TEUR
Revenue                       624.989     545.805      400.987       329.825
Other operating income          3.639       2.940          672         1.581
Operating expenses           -641.572    -576.911     -356.815      -322.594
Result from operating
activities                    -12.944     -28.166       44.844         8.812
Financial expenses            -25.168      -9.903      -19.668        -5.314
Financial income                2.805         758        1.847           379
Foreign exchange gains, net    14.222     -11.938        9.332        -6.577
Net financing costs            -8.141     -21.083       -8.489       -11.512
Share of profit of associates     484           2         -168             0
Loss before tax               -20.601     -49.247       36.187        -2.700
Income tax benefit             19.641       6.148       -6.090        -1.484
Loss for the period              -960     -43.099       30.097        -4.184
Air Berlin will publish more information on the closing for the half-year from
10:00 h (CEST) in the internet at www.airberlin.com Investor Relations

end of announcement                               euro adhoc 17.08.2006 06:38:02

Further inquiry note:

Ingolf T. Hegner
Head of Investor Relations
+49 (0)30 3434 1532
ihegner@airberlin.com

Branche: Air Transport
ISIN: GB00B128C026
WKN: AB1000
Index: CDAX
Börsen: Frankfurter Wertpapierbörse / official dealing