Deutsche REIT AG / Final Results/Change of Personnel 22.04.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Earnings per share increase to EUR 2.05 before taxes and EUR 1.31 after taxes Cologne, 22 April 2008. In the business year 2007 Deutsche REIT AG augmented its earnings outlook clearly. According to audited figures the pre-tax group results increased by EUR 14.1 mill. to EUR 14.7 mill., which equals to EUR 2.05 earning per share before taxes (diluted). They considerably outperformed the latest published earnings outlook of the company in the range of EUR 11.0 to EUR 12.0 mill. Earnings before interests and taxes (EBIT) exploded by EUR 17.5 mill. to EUR 18.3 mill. The group earnings after taxes increased from EUR 0.3 mill. in the previous year to EUR 9.4 mill. in 2007. Earnings per share (diluted) increased accordingly from EUR 0.05 in the previous year to EUR 1.31 in 2007. These results are caused namely by cash earnings due to the sale of strategically developed real estate portfolios and earnings from rental fees. In the reporting period only five per cent of the revenues of a total of EUR 73.8 mill. have been caused by write-ups at present value of real estate according to IAS 40. The groups balance sheet total increased from EUR 31.7 mill. to EUR 159.5 mill. as of 31 December 2007. The equity increased by EUR 16.3 mill. to EUR 26.6 mill. The company is confident to achieve also in the business year 2008 outstanding results. Mr Stephan Perthel, member of the board (Vorstand) leaves the company for personal reasons. After a successful positioning of the company on the market and the establishment of its business model Mr Perthel informed the supervisory board (Aufsichtsrat) that he has decided to leave the management board of the company for personal reasons. The supervisory board accepts the decision of Mr Perthel and expresses its gratitude for his services rendered. Mr Stephan Perthel will be affiliated to the company as shareholder on a long term basis. Until the appointment of an eligible candidate the sole member of the board Mr Jens Liewald will head temporarily the tasks covered by Mr Stephan Perthel. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Information about Deutsche REIT AG Deutsche REIT AG is a listed real estate company which is focused on the initiation of REITs, the expansion of a high-yield property stock and the asset management of both its own and third-party real estate. The main area of activity of Deutsche REIT AG extends to those areas of Germany characterized by strong growth. Axel Mühlhaus Werner Rüppel edicto GmbH Zeißelstraße 19 60318 Frankfurt GERMANY Tel.: +49.69.90550552 Fax: +49.69.90550577 E-Mail: amuehlhaus@edicto.de DGAP 22.04.2008 --------------------------------------------------------------------------- Language: English Issuer: Deutsche REIT AG Große Sandkaul 2 50667 Köln Deutschland Phone: +49 (0)221 / 4672 - 0 Fax: +49 (0)221 / 4672 - 190 E-mail: info@deutschereit.de Internet: www.deutschereit.de ISIN: DE0005577001 WKN: 557700 Listed: Regulierter Markt in Düsseldorf, München; Freiverkehr in Berlin, Stuttgart; Open Market in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Deutsche REIT AG outperforms 2007 earnings outlook
| Source: EQS Group AG