DGAP-Adhoc: Provisional Q3 figures place FJA AG on a par with last year

FJA AG / Preliminary Results

05.11.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

- Provisional Q3 figures place FJA AG on a par with last year 
- 3.7% increase in 9-month EBIT to 4.0 million Euro
- Forecast for the 2008 fiscal year

Munich, 5 November 2008 – In the third quarter of 2008, FJA AG’s figures
for turnover and earnings were on a par with the same quarter in 2007.
Provisional Q3 turnover stood at 14.9 million Euro compared with 15.3
million Euro in the same quarter last year. At 1.3 million Euro, EBIT was
almost the same as last year’s like-for-like figure of 1.4 million Euro. On
a nine-month basis, however, FJA AG increased its turnover compared with
the same period last year, growing it 1.6% to 46.1 million Euro (preceding
year: 45.3 million Euro). EBIT rose 3.7% to 4.0 million Euro (preceding
year: 3.9 million Euro).

For 2008 as a whole, the Executive Board is also expecting growth in
turnover as well as increases in earnings and profit margins, even though
it won’t fully hit the initial ambitious targets. The Executive Board
forecasts turnover of between 62.5 and 64 million Euro (preceding year:
61.3 million Euro) with a further rise in the return on EBIT to around 9%
(preceding year: 8.6%). Given the current macroeconomic climate, the
Company’s management views this as a sound success and confirmation of its
business model.

Underlining the efficiency achieved, FJA AG had a cash flow from operating
activities of over 2 million Euro and recorded a further increase in cash
and cash equivalents in Q3 2008. With cash and cash equivalents of more
than 20 million Euro as at 30 September 2008, the Company’s liquidity
situation was comfortable. This provides a sound basis for the Company’s
future, positive development, which will focus on further development and
market establishment of the FJA Insurance Platform®.

Developments on the international financial markets are compelling all
market players and thus also insurers to focus on their core business and
increase efficiency. Although this may delay purchase decisions short-term,
in the medium- to long-term it confirms the Company’s solutions strategy as
it offers insurers clear opportunities for increasing efficiency and
cutting costs.


FJA AG
Eva Hesse
Elsenheimerstraße 65
80687 München
Tel.: +49 (0) 89 769 01 274
Fax: +49 (0) 89 769 01 606 
E-Mail: eva.hesse‎@‎fja.com
Internet: www.fja.com
DGAP 05.11.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       FJA AG
              Elsenheimerstraße 65
              80687 München
              Deutschland
Phone:        +49 (0)89 769 01-0
Fax:          +49 (0)89  769 88-13
E-mail:       investor.relations@fja.com
Internet:     www.fja.com
ISIN:         DE0005130108
WKN:          513010
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
---------------------------------------------------------------------------