DGAP-News

net mobile AG is on a steady course of recovery after a difficult 2013 financial year - Seite 2

flows of EUR 26.7 million due to the reduction in customer deposits held by
the bank which at the end of first quarter was EUR 150 million. The decline
in customer deposits was as a result of drop in interest rates offered to
customers by the net-m Privatbank 1891 AG. For the group, the first quarter
ended with a negative cash flow of EUR 25.1 million with cash and cash
equivalents of EUR 105.6 million (2013: EUR 130.6 million).

Outlook

The company's new directional focus on its successful core areas (in
particular the payment business) strengthened and achieved a positive
improvement in revenue in these areas in the first quarter of 2014. net
mobile's major shareholder continues to provide strong financial support
and assists in further development of the business.

The measures taken by the Company have already started to show positive
effect and this improvement is expected to continue in the foreseeable
future. This has motivated the net mobile management to focus on tackling
the tasks ahead with an aim to drive cost efficiency and to further
strengthen efforts to expand profitable businesses within our core areas.

About net mobile AG
net mobile AG is a leading international full-service provider of mobile
value added services and payment solutions. The company, founded in
November 2000, is regarded as an innovation leader in the marketplace.
Clients worldwide include national and global mobile telecommunication
providers, media companies, online shopping portals, brand name companies
and television networks, for which complete white label solutions such as
direct carrier billing and mobile television services are provided. Since
December 2009, NTT DOCOMO, INC. is the main shareholder with over 87% share
ownership. For more information please visit www.net-mobile.com.

If you have any further questions, we will be most happy to help. We will
gladly establish a direct contact to the responsible person at net mobile
AG.

Contact Person
Dennis Heisig
net mobile AG
Fritz-Vomfelde-Str. 26-30
DE 40547 Dusseldorf
Tel: [phone] - 344
Fax: [phone] - 999
E-Mail: [e-mail]
Internet: www.net-mobile.com

Follow us on Twitter: twitter.com/netmobileag


End of Corporate News

---------------------------------------------------------------------

23.07.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language: English
Company: net mobile AG
Fritz-Vomfelde-Str. 26-30
40547 Düsseldorf
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.net-mobile.com
ISIN: DE0008137852
WKN: 813785
Listed: Freiverkehr in Berlin, Hamburg, München (m:access),
Stuttgart; Frankfurt in Open Market


End of News DGAP News-Service
---------------------------------------------------------------------
279060 23.07.2014