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euro adhoc: broadnet mediascape communications AG (english)

Hamburg, 25.05.2004 - Disclosure announcement transmitted by euro adhoc.The issuer is responsible for the content of this announcement.

Hamburg, 25.05.2004 - Disclosure announcement transmitted by euro adhoc.The issuer is responsible for the content of this announcement.

broadnet mediascape communications AG broadnet mediascape presentsfirst quarterly report 2004

broadnet mediascape presents first quarterlyreport 2004:EBITDA with TEUR 348 positive; growth in revenues of 7 % to TEUR6,794 compared to TEUR 6,322 in the fourth quarter 2003 Hamburg, May 25, 2004 - broadnet mediascape communications AG (ISINDE0005490866) achieved again a positive EBITDA with TEUR 348 in thefirst quarter 2004 and improved the operating result by 4 % comparedto the fourth quarter 2003. Compared to an EBITDA of TEUR 116 in thefirst quarter 2003 the EBITDA was improved by 200 %. The group`s EBITin the first quarter 2004 amounted to minus TEUR 2,750 after minusTEUR 3,839 in the previous quarter and was improved by 28 %. Thescheduled depreciations resulted to a large degree from wirelessequipment, especially from the takeover of the subsidiary BroadnetDeutschland GmbH. These depreciations will continue to dropconsiderably in the second half of 2004, thus improving the resultsustainable. broadnet mediascape generated revenues of TEUR 6,794 inthe first quarter 2004 compared to revenues of TEUR 6,322 in thefourth quarter 2003. Despite a still difficult economic surroundingthe company was able to improve its revenues by 7 %. At the end ofthe first quarter 2004 broadnet mediascape had liquid funds of TEUR27,843 (First quarter 2003: TEUR 31,472) compared to TEUR 29,849 atthe end of the fourth quarter 2003. The company posted equity of TEUR44,718 (First quarter 2003: TEUR 58,563). At the end of the fourthquarter 2003 the company posted equity of TEUR 47,113. The equityratio was again positively high at 82 % in the first quarter of 2004.broadnet mediascape generated earnings per share of minus EUR 0.16compared to minus EUR 0.20 in the fourth quarter 2003 and compared tominus EUR 0.22 in the first quarter 2003. In the first quarter 2004an average of 15,709,676 shares circulated. The company had 182employees compared to 185 employees at the end of the fourth quarter2003. broadnet mediascape is consistently pursuing its strategy ofstrict cost management and plans to have a positive EBITDA for thefiscal year 2004. Nevertheless, the company will not optimize EBITDAat the expense of growth this fiscal year. Next to the organic growthbroadnet mediascape plans to take advantage of opportunities forinorganic growth provided that it makes strategic sense for thecompany.

Contact: broadnet mediascape communications AG, Manager CorporateCommunications, Britta Cirkel, phone: +49 40 66 86 100b.cirkel@broadnet-mediascape.de

Further inquiry note:Britta CirkelManager Corporate Communications+49(0)40 668610-640Tel: +49 (0)40-668610-0FAX: +49 (0)40-668610-188Email: info@mediascape.de

Ende der Mitteilung

WKN: 549086ISIN: DE0005490866Marktsegment: CDAX, Prime All Share, Prime Standard, Technologie AllShare, regulated dealing Frankfurter Wertpapierbörse; free tradeNiedersächsische Börse zu Hannover, Berliner Wertpapierbörse,Bayerische Hamburger Wertpapierbörse, Börse Düsseldorf,Baden-Württembergische Wertpapierbörse

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