Baader Wertpapierhandelsbank AG / Half Year Results 16.07.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Unterschleissheim (Germany), 16 July 2008 Due to its broad position, Baader Wertpapierhandelsbank AG has concluded Q2 2008 with a little profit, despite increasingly difficult conditions on the international stock markets. From April to June 2008, Germanys leading securities trading bank generated net profit after taxes of EUR 0.5 million, down from EUR 5.3 million in the same period of the previous year. It thus generated a post-tax profit of EUR 6.3 million (previous year: EUR 14.0 million) in the first half of the year. Profit from ordinary activities amounted to EUR 0.3 million in Q2 2008 (previous year: EUR 7.1 million). Net fee and commission income in the 2nd quarter totalled EUR 8.8 million (previous year: EUR 11.5 million) while net trading income amounted to EUR 9.8 million (previous year: EUR 12.6 million). As at 30 June 2008, the Groups equity amounted to EUR 157.5 million (31 December 2007: EUR 165.4 million). This brought the equity ratio to 46.2%. The Group had 318 employees (31 December 2007: 298 employees).<pre> H1 H1 Q2 Q2 Key figures (EUR million) 2008 2007 2008 2007 Net fee and commission income 18.9 25.2 8.8 11.5 Net trading income 25.9 29.8 9.8 12.6 Net income from available-for-sale financial instruments/net income from companies carried at equity 0.7 1.4 0.6 0.3 - - - - Administrative expenses 41.1 38.6 19.5 18.2 Profit from operations 4.8 18.2 -0.2 6.6 Profit from ordinary activities 5.7 18.9 0.3 7.1 Net profit after taxes 6.3 14.0 0.5 5.3</pre> Board of Directors ************************* Publisher: Baader Wertpapierhandelsbank AG Contact: Thomas Spengler Weihenstephaner Str. 4 85716 Unterschleissheim Germany Tel. +49 (0) 89 5150-1030 Fax +49 (0) 89/ 5150-2424 Thomas.Spengler@Baaderbank.de www.Baaderbank.de DGAP 16.07.2008 --------------------------------------------------------------------------- Language: English Issuer: Baader Wertpapierhandelsbank AG Weihenstephaner Str. 4 85716 Unterschleissheim Deutschland Phone: +49 (0)89/ 5150-0 Fax: +49 (0)89/ 5150-1111 E-mail: Info@Baaderbank.de Internet: www.Baaderbank.de ISIN: DE0005088108 WKN: 508810 Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard), Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Baader Wertpapierhandelsbank AG: Preliminary consolidated net profit for Q2 2008 in accordance with IFRS
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