Tipp24 AG / Quarter Results/Quarter Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
----------------------------------------------------------------------

In the first three months of its fiscal year 2008, the Tipp24 Group raised
earnings before interest and taxes (EBIT) by 22.3 percent to EUR 2,687
(prior-year: EUR 2,197) thousand. The EBIT margin fell by 1.1 percentage
points to 23.6 percent. The main cause of this development was the negative
contribution of the Abroad segment, due to start-up costs in the UK.
Consolidated net profit increased by 14.6 percent to EUR 1,876 (1,637)
thousand. The domestic EBIT margin rose by 4.7 percentage points to 32.3
percent, compared with the prior-year period, despite start-up costs for
the new Skill-Based Games division and increased expenses for legal and
consultation services.

The Tipp24 Group raised billings to EUR 86,794 (68,777) thousand in the
first three months of 2008 – corresponding to year-on-year growth of 26.2
percent. Revenues rose by 27.7 percent to EUR 11,373 (8,908) thousand.
Gross margin – the ratio of billings to revenues – remained stable in the
first three months at the prior-year level of 13.1 percent. The number of
registered customers increased by just 21 thousand in the first three
months of 2008 (prior-year period: 69 thousand). This was due in particular
to a more complex registration process caused by the change in regulatory
conditions as of 1 January 2008.

Against a backdrop of continuing uncertainty regarding the effects and
continuation of the current State Treaty on Gaming, we confirm the forecast
made in our last annual report and expect customer growth of at least 100
thousand new customers. As of 2008, only those new customers in Germany who
have successfully completed the 'PostIdent' process will be registered. We
expect an increase in billings, revenue and EBIT of at least 10%. This
increase results partly from the positive effects of customer growth in the
past year. On completion of the current transition phase of the European
lottery markets, we expect a return to our historically proven medium-term
growth targets – an annual increase in revenue of 30% and a
disproportionately stronger increase in EBIT.
05.05.2008  Financial News transmitted by DGAP
----------------------------------------------------------------------
 
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
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------