Tivoli A/S - Stock Exchange Announcement No. 20 - 2007/08, Interim Report for the Period from 1 April to 31 December 2007

Today the Supervisory Board of Tivoli A/S considered and adopted the Interim
Report for the period from 1 April to 31 December 2007. 

Highlights as of 31 December 2007:
- Number of visitors 4,111,000 compared to 4,396,000 last year
- Revenue, including tenants and lessees, DKK 920.1 million compared to DKK
926.0 
million last year
- Consolidated revenue DKK 553.0 million compared to DKK 545.7 million last year
- Profit before depreciation, amortisation and impairment DKK 135.1 million
compared 
to DKK 148.9 million last year
- Profit before tax DKK 81.7 million compared to DKK 101.3 million last year
- Profit after tax DKK 61.2 million compared to DKK 71.9 million last year

Profit before tax for the period concerned was mainly influenced by three
factors compared to the same period last year. 

- A total decline in the number of visitors of 285,000, corresponding to 6.5%.
- The loss of an arbitration case concerning the termination of two leases
where Tivoli 
was ordered to pay total damages of DKK 9.7 million, including costs and
interest.The earnings impact for the period was a negative DKK 5.2 million. 
- Declining ticket sales to Oliver! The musical and the decision not to restage
the 
performance influenced the profit for the period by a negative DKK 8.3 million.

Expectations for 2007/08
Management maintains its expectations for the fiscal year 2007/08 with
consolidated revenue in the order of DKK 570-585 million and profit before tax
at the level of DKK 30-40 million. 

Best regards
Niels Eilschou Holm
Chairman of the Supervisory Board

Lars Liebst
Managing Director

Contact:
Executive Assistant, Michael Steffensen (phone +45 33 75 03 55 / ms@tivoli.dk)