Ad hoc-Service: Dt. Entertainment AG

Das dynamische Wachstum der DEAG spiegelt sich auch in der Bilanz
wider. Bereinigt um die STELLA-Aktivitäten stand per 30. Juni 2000 den
Verbindlichkeiten des Konzerns in Höhe von 103,7 Mio. DM ein
Vermögen in Höhe von 122,4 Mio. DM gegenüber. Somit konnte die
DEAG im Stammgeschäft ihren Fremdkapitalbedarf gegenüber dem 1.
Quartal 2000 weiter zurückführen.

Das Ergebnis des ersten Halbjahres entspricht voll den Erwartungen des
Vorstandes und führt dazu, die Planungen für das Geschäftsjahr 2000
insgesamt mit einem Umsatz von rund 500 Mio. DM und einem
gegenüber 1999 mehr als verdoppelten EBITDA von 29 Mio. DM zu
bekräftigen.

Darüber hinaus gibt der Vorstand aufgrund der anhaltend positiven
Geschäftsentwicklung eine neue Umsatzprognose für das Jahr 2001 von
600 Mio. DM bei einem EBITDA von 40 Mio. DM aus. Damit liegen die
Erwartungen für das Jahr 2001 knapp zwei Jahre nach dem Börsengang
der DEAG rund viermal höher als zu jenem Zeitpunkt veröffentlicht.

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Sharp rise in predictions for sales and earnings in
2001
DEAG confirms positive operational developments in
the 1st half-year of 2000 /e

Berlin, 24th August 2000

In the first half of this financial year, DEAG (WKN 551 390) has
increased its turnover by 33% to DM 125.0 million, in confirmation of
the published preliminary figures from 17th July 2000. The consolidated
earnings before interest, taxes, depreciation and amortisation (EBITDA)
were DM 3.4 million and thus no less than 48% above the first half-year
of the previous year, again in accordance with the preliminary
announcement.

Earnings per share (IAS 33) of -0.67 euro confirmed planning expectations. The
major reasons for the change in comparison with the same period of the previous
year (1999: 0.06 euro) are that the tour business for 2000 is primarily in the
second half of the year, and secondly that amortisation and depreciation in the
first six months of this year was DM 9.7 million, which represents a
considerable increase over that period last year (1999: DM 1.7 million).
Of this total, the musical subsidiary accounted for DM 7.3 million, which is
attributable to the extremely short amortisation period of only four years
for the musical productions. This takes account of the planned shorter product
life-cycles, but also means that STELLA will have much greater financial
freedom for its programming policies in future than it has had in the past.
In the coming days, the STELLA management will announce key steps towards
a new programming policy.

The dynamic growth of DEAG is reflected in the balance sheet. Corrected
for the activities of STELLA, the liabilities of the DEAG Group on 30th
June 2000 amounted to DM 103.7 million, while on the other hand the
assets were DM 122.4 million. In its core activities DEAG was therefore
able to further reduce its needs for external funds.

The results for the first half-year are fully in accordance with the
expectations of the Board of Management, strengthening their
confidence in the plans for the financial year 2000 as a whole, with
forecast sales of approximately DM 500 million and an EBITDA of DM
29 million, or more than double the figure for 1999.

Furthermore, in view of the continued positive development, the Board
of Management has revised predictions for sales in 2001 upwards to DM
600 million with an EBITDA of DM 40 million. Thus the expectations for
2001, barely two years after the flotation of DEAG, are some four times
higher than the figures published at the time of the IPO.




Ende der Mitteilung




240820 Aug 00