MBB Industries AG: Liquid funds of over Eur30m; turnover as of September of Eur87m

Berlin (pta006/22.11.2010/09:10 UTC+1) November 22, 2010 - MBB Industries AG (ISIN DE000A0ETBQ4) reports a consolidated turnover for the first three quarters of Eur86.6m and a result of minus Eur1.27 per share (including discontinued operations). This result incorporates an accounting loss of Eur9.4m or Eur1.43 per share, which represents the final contribution to the restructuring of Delignit and results from the recently reported sale of the majority of the Romanian Delignit holdings.

Group turnover for the first nine months of 2010 for the continued operations amounts to Eur86.6m compared with Eur60.2m for the previous equivalent period. The previous year's turnover has been corrected according to IFRS 5 to reflect the sale of the Reimelt-Henschel Group in May 2009 and that of the Delignit holdings in Romania. On the other hand, the relevant turnover from CT Formpolster GmbH and ICSmedia GmbH, both acquired in 2010, are included in the 2010 figures.

The operating result (EBITDA) of the ongoing operations in the first nine months of 2010 taking into account the aforementioned accounting loss of minus Eur5.1m is below the previous year's level of plus Eur6.2m. The consolidated result for the continued operations of the group, also including the accounting loss, is minus Eur7.9m (minus Eur1.20 per share) compared with plus Eur3.2m (Eur0.48 per share) for the first nine months of 2009. From an operational perspective - disregarding the mentioned accounting loss - the MBB generated a net profit of Eur 1.6 million, or 24 cents per share, and a cash flow from operating activities of Eur 3.9 million for the first nine months of 2010.

Equity capital fell compared with 31.12.2009 from Eur55.6m to Eur45.3m, representing a capital ratio of 48.2%. Liquid funds as of 30.09.2010 including short-term securities and physical stocks of gold amounted to Eur30.7m, with net cash (aforementioned liquid cash minus liabilities to banks) as of 30.09.2010 amounting to Eur10.3m. As of 31.12.2009, liquid funds were Eur35.3m and net cash at Eur10.7m.

The managing board continues to forecast an annual sales figure of Eur120m for the year 2010 overall, whereby it is assuming a markedly negative overall result, since operating profits will not be sufficient to balance out the accounting loss incurred as a result of releasing the Romanian Delignit holdings. The managing board expects the turnover and result for the fourth quarter to exceed those of the preceding quarters. It also expects Delignit to make a positive contribution to the group's quarterly result for the first time in two years. The board believes that its existing equity capital and liquid funds are well placed for growth through the acquisition of new holdings under the current market conditions.

The complete quarterly financial report is available for download as of today from www.mbbindustries.com.

About MBB Industries AG:
Since 1995, MBB Industries AG has maintained successful holdings in the form of medium-sized industrial companies with sustainable value growth potential. The business model is based on a three-pillar structure, comprising the acquisition of interests at favourable terms, subjecting them to value enhancing holding management, and releasing them in high-yield sales. Right from the start, MBB Industries AG has achieved above-average profitability, and continues to devote its efforts to attaining unusually high yields in the future.
For further information about MBB Industries AG, please visit http://www.mbbindustries.com

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Emitter:	MBB Industries AG Joachimstaler Str. 34 10719 Berlin Germany
Contact Person:	Sebastian Laiblin
Phone:	0049-030-84415336
E-Mail:	anfrage@mbbindustries.com
Website:	www.mbbindustries.com
ISIN(s):	DE000A0ETBQ4 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Munich, Stuttgart