Press Release

Annual Shareholders' Meeting: CTS EVENTIM AG pays EUR 11.8 million in dividends

EUR 0.49 per share dividend / Earnings per share at EUR 0.98 for fiscal 2006 / Good performance expected in 2007

Munich, 8 June 2007. The Management Board of CTS EVENTIM AG had good news today for those attending the company's Annual Shareholders' Meeting. The main themes at the meeting were the superb figures for the 2006 business year, the dividend distribution of around EUR 11.8 million, the successful first quarter in 2007 and a new acquisition in Italy on 18 May 2007. To quote CEO Klaus-Peter Schulenberg: "In 2006, CTS achieved its best-ever performance since the IPO in February 2000 and has outstanding prospects for the future. We want our investors to share in that success." As the leading ticket marketer for concerts, theatre and sports events, and as a provider of live entertainment, the company aims to pursue its successful strategies rigorously throughout the current business year and to further improve its earnings figures. 
 
Fiscal 2006 - a record year for revenue and earnings 
Revenue increased in 2006 by 33.9% to EUR 342.9 million (2005: EUR 256.2 million). Group earnings advanced to EUR 23.5 million (2005: EUR 15.9 million, up 48.1%), while earnings per share reached EUR 0.98 (2005: EUR 0.66). EBIT rose 39.5% year-on-year to EUR 45.7 million (2005: EUR 32.7 million), signifying an EBIT margin of 13.3% (2005: 12.8%). EBITDA increased by 38.9% to EUR 52.0 million (2005: EUR 37.5 million). This equates to an EBITDA margin of 15.2%, compared to 14.6% the year before. Cash flow improved from EUR 27.7 million in 2005 to EUR 35.4 million (+27.7%). 
 
Dividend: total distribution of EUR 11.8 million  

CTS EVENTIM AG, the standalone SDAX-listed company (ISIN DE0005470306), can disclose fiscal 2006 balance sheet profits of around EUR 31.9 million, of which EUR 24.0 million are carried forward from 2006 net annual income. At the Annual Shareholders' Meeting, the Management Board and Supervisory Board proposed a dividend of EUR 0.49 per share (2005: EUR 0.34 per share). With 24 million shares outstanding, this means total distribution of EUR 11.8 million, or approximately 50% of net annual income. The proposal was accepted by today's Annual Shareholders' Meeting. The remaining balance sheet profit of EUR 20.1 million will be used to finance further international expansion of the CTS Group in accordance with plans. 
 
Fiscal 2007 - good Q1 and a new acquisition in Italy 
FThe Management Board is optimistic for the current 2007 business year also. In the first quarter, the Group generated EUR 73.5 million in revenues, an EBIT of EUR 10.5 million and an EBITDA of EUR 11.7 million. "This means we are well on target", says Schulenberg. Internet ticketing operations, especially, are running superbly - in the period from January to March, the CTS Group sold 1.5 million tickets online (Q1/2005: 1.0 million). The Group's online portals, particularly www.eventim.de and 
www.getgo.de, logged 40 million visitors in total, an increase of around 50%. The Management Board expects an increase in online ticketing volume of around 50% for the whole of 2007. The pace of international expansion by the CTS Group is also very encouraging. Following takeovers in Switzerland and Russia in 2006, a further acquisition in Italy was announced on 18 May 2007. CTS EVENTIM now holds 43% of the shares in TicketOne S.p.A., a Milan-based ticketing company, combined with the option of full consolidation within the CTS Group. Selling 13 million tickets in 2006, TicketOne S.p.A. is Italy's leading provider of ticketing services. In fiscal 2006, TicketOne generated EUR 16.4 million in revenues and an EBITDA of EUR 2.2 million EUR. Among other achievements, TicketOne successfully organised and handled the ticketing operation for the XX. Winter Olympic Games in Turin in 2006. 

Frank
Frank Brandmaier
Head of Corporate Communications

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