DGAP-Adhoc

Deutsche Rohstoff AG: Slightly positive group result in 2016 and increased dividend

DGAP-Ad-hoc: Deutsche Rohstoff AG / Key word(s): Final Results/Dividend Deutsche Rohstoff AG: Slightly positive group result in 2016 and increased dividend 08-May-2017 / 17:24 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Deutsche Rohstoff AG: Slightly positive group result in 2016 and increased dividend Preliminary quarterly figures/Forecast for the full year 2017

Mannheim. Deutsche Rohstoff Group completed the fiscal year 2016 with a consolidated net profit of EUR 0.1 million (previous year: EUR 0.5 million) (all figures according to German GAAP/HGB and audited). Deutsche Rohstoff AG, the parent company, generated a net profit of EUR 14.0 million for the year. The Management and Supervisory Board will propose a further increased dividend of EUR 0.60 per share (previous year: EUR 0.55) to the Annual General Meeting, which will be held in Mannheim on 7 July 2017.

In the financial year 2016, sales in the Group amounted to EUR 9.2 million (previous year: EUR 1.9 million), while earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 6.4 million (previous year: EUR 4.9 million). Sales mainly originate from oil and gas sales of the three US companies Cub Creek Energy, Elster Oil & Gas and Salt Creek Oil & Gas. Other operating income contributed with EUR 10.5 million (previous year: EUR 8.5 million) to the total operating performance, which increased to EUR 21.4 million (previous year: EUR 11.3 million). For definition of Total Operating Performance and EBITDA please see the company's website under http://rohstoff.de/en/apm/

The Group's equity rose to EUR 66.1 million (previous year: EUR 61,8 million) as of 31 December 2016. Cash (bank deposits and securities in current and fixed assets) amounted to EUR 35.6 million (previous year: EUR 83.0 million). The decrease in cash and cash equivalents is due to the high investments in the oil and gas production in the US, which totaled more than USD 90 million in 2016. The high investments also lead to an expected tax refund of USD 13 million for 2016 to Deutsche Rohstoff USA, the parent company of the three US subsidiaries.