Tipp24 AG / Preliminary Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
----------------------------------------------------------------------

Preliminary figures for the second quarter of 2007

EBIT lower than expected due to non-recurring charges – operating business
not burdened

(Hamburg, 24 July 2007) Despite ongoing legal discussions and the lack of
major jackpots, Tipp24 AG succeeded in raising billings – mainly remitted
stakes – by 18.9 percent to EUR 139.6 (117.4) million in the first half of
the year. Revenues grew by 17.1 percent to EUR 18.0 (15.3) million.
Earnings before interest and taxes (EBIT) were down by 21.6 percent to EUR
2.4 (3.0) million.

The fall in EBIT was caused by non-recurring charges totalling EUR 1.9
million, which have no further impact on operating business. Consultancy
charges of EUR 1.5 million for specific projects relating to the
implementation of the Group’s acquisition strategy and incurred mainly in
the previous year were capitalized in accordance with IFRS regulations.
Against the backdrop of ongoing discussions in the regulatory environment,
the respective projects have now been indefinitely postponed and the assets
concerned have been reclassified with an effect on earnings. The
reclassification has no effect on liquidity. There was also an additional
personnel charge of EUR 350 thousand in the second quarter.

Due to a positive one-off tax effect in the prior-year period and the above
mentioned non-recurring charges, consolidated net profit fell by 54.2
percent to EUR 1.9 (4.2) million.

About Tipp24 AG: Tipp24 was established in 1999 and is now the market
leader for lottery products in the Internet on the basis of billings. The
company has succeeded in achieving impressive growth rates right from the
start. Almost all state lottery products are supplied. It only takes a few
mouse clicks to buy a lottery ticket – round the clock, quickly and
anonymously. The ticket receipt is kept safely, winners are notified about
their prizes automatically by text message and e-mail and prizes are
credited automatically. Subsidiaries of Tipp24 (www.tipp24.de) are
Ventura24 in Spain (www.ventura24.es) and Puntogioco24
(www.puntogioco24.it) in Italy.

Press contact:
Tipp24 AG       
Andrea Fratini       
Head of Media and Public Relations   
Tel.: +49 40 32 55 33-660  
Fax: +49 40 32 55 33-5600   
E-mail: presse@tipp24.de    
Internet: www.tipp24.de/presse/


DGAP 24.07.2007 
----------------------------------------------------------------------
 
Language:     English
Issuer:       Tipp24 AG
              Straßenbahnring 11-13
              20251 Hamburg Deutschland
Phone:        +49 (0)40 325533-0
Fax:          +49 (0)40 325533-77
E-mail:       office@tipp24.de
Internet:     www.tipp24-ag.de
ISIN:         DE0007847147
WKN:          784714
Indices:      
Listed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
              Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------