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.
----------------------------------------------------------------------

• EBIT contribution from Germany rises to EUR 10.1 (prior year: 7.3)
million
• Number of registered customers up 574 thousand – far more than planned
•Proposed first-ever dividend of 50 cents per share

Despite the difficult political situation at present, Tipp24 achieved
further growth in its fiscal year 2007. The Hamburg-based company raised
the number of registered Group customers by 574 thousand (prior year: 448
thousand) to 2,344 thousand in 2007. Billings – consisting mainly of
brokered lottery tickets – rose to EUR 346.8 (264.2) million, representing
growth of 31.2 percent. The 30.1 percent increase in revenue to EUR 45.0
(34.6) million was well above the adjusted forecast of the first half-year
2007.

Earnings before interest and taxes (EBIT) improved by 23.5 percent to EUR
8.9 (7.2) million, despite one-off charges of around EUR 1.8 million.
Adjusted for these special items, EBIT climbed by 48.0 percent. The EBIT
contribution of German operations was up 37.5 percent on the previous year
to stand at EUR 10.1 (7.3) million. Adjusted for the above mentioned
special items, EBIT in Germany amounted to EUR 11.8 million. Consolidated
net profit fell by 15.8 percent to EUR 6.3 (7.4) million. The decline
resulted from a positive one-off tax effect in fiscal year 2006.


Start of dividend payments to be proposed at Annual Shareholders' Meeting
in May

Dr. Hans Cornehl, CFO of Tipp24, states: 'This very positive development
clearly illustrates the scalability and sustainability of our business
model. As a consequence of our encouraging performance over the past few
years, we are planning to propose our first-ever dividend payment of 50
cents per share for fiscal year 2007 at the Annual Shareholders' Meeting.
As we believe our share of the dynamic online lottery market can be further
stabilized and expanded, this will mark the start of regular dividend
payments.'


Dynamic growth continues despite ongoing discussions on German gaming
market

The fiscal year 2007 was dominated by the ongoing political and legal
discussions surrounding the German gaming market and ended with the
ratification of a new – and we believe illegal – State Treaty on Gaming.

Jens Schumann, founder and Executive Board member of Tipp24 AG, states:
'Nobody benefits from the State Treaty on Gaming. Of the EUR 325.5 million
in stakes which we received in Germany on behalf of the state lottery
companies in 2007, some 40 percent is used to promote sports, the arts and
welfare institutions. This money would be lost if online brokerage were
forbidden. However, certain politicians are trying to force us out of the
market in an alleged attempt to prevent gambling addiction. Particularly
with regard to these difficult conditions, we regard the continued dynamic
growth of Tipp24 as a complete success.'
 
In January this year, the EU Commission in Brussels took further action
against the current State Treaty by instituting formal infringement
proceedings. At the same time, various administrative courts in Germany
have expressed considerable doubt as to the legality of the new State
Treaty on Gaming with regard to constitutional and EU law. The company
believes that these developments confirm its view that the State Treaty on
Gaming will not survive in the medium term.


Note: The financial figures and performance indicators stated in this
announcement all refer to the Tipp24 Group, unless expressly stated
otherwise. They are preliminary and unaudited. Changes may occur following
audits of the annual financial statements and consolidated financial
statements.

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
reliably. 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), Puntogioco24 (www.puntogioco24.it)
in Italy and MyLotto24 (www.mylotto24.co.uk) in the UK. Shares in Tipp24 AG
have been traded at the Frankfurt Stock Exchange since 2005.

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/ 


22.02.2008  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
 
---------------------------------------------------------------------------