Munich, 22 August 2006 - The COMPUTERLINKS Group increased sales and profits significantly in the 1st half of 2006, compared to the same period last year.  Group sales rose by 58.9% to 177.6 million Euro in the 1st half of 2006 (1st half of 2005: 111.8 million Euro). Earnings before interest, taxes, depreciation and amortisation (EBITDA) improved in the 1st half of 2006 to 6.3 million Euro compared to 5.4 million Euro in the 1st half of 2005 (+16.3%). Net income for the period rose in the 1st half of 2006 from 2.8 million Euro (1st half of 2005) to 3.7 million Euro (+32.6%). Despite an increase in the number of shares compared to the same period last year (+10.8%) earnings per share increased by 19.7% to 0.55 Euro (1st half of 2005: 0.46 Euro). The Group produced a positive cash flow from operations of 1.2 million Euro in the first six months of 2006 (1st half of 2005: -8.7 million Euro).

Group sales for the 2nd quarter of 2006 increased by 45.6% to 87.6 million Euro (2nd quarter of 2005: 60.2 million Euro). Gross margins stood at 14.3% in the 2nd quarter of 2006 and had therefore improved again slightly compared to the 1st quarter at 14.0%. Earnings before interest, taxes, depreciation and amortisation (EBITDA) in the 2nd quarter of 2006 rose by 32.5% to 3.2 million Euro (2nd quarter 2005: 2.4 million Euro). Net income for the period for the 2nd quarter of 2006 was 1.8 million Euro compared to 1.2 million Euro in the 2nd quarter of 2005 (+58.5%). This resulted in an increase in the earnings per share of 42.1% to 0.27 Euro (2nd quarter 2005: 0.19 Euro).

The significant increase in the key figures for the Group – sales, gross profit, earnings per share and cash flow – is combined with the profitability of all the COMPUTERLINKS companies. In particular the successful repositioning of COMPUTERLINKS France led to growth in sales there of 85% in the 1st half of 2006 and a return to profitability.

Stephan Link, founder and CEO of COMPUTERLINKS AG commented: “Following the significant increases in sales and profits in the 1st half of 2006 – both in the COMPUTERLINKS business divisions and also at the international companies – we feel confident that we can count on further strong growth in the third and fourth quarter of 2006.”

At a glance (in million Euro):