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<p align=justify>MANIA Technologie AG lower results due to restructuring costs<p>Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
--------------------------------------------------------------------------------<p>MANIA Technologie AG lower results due to restructuring costs<p>- Sales: Euro 88,6 mil
- EBITDA: Euro -3,4 mil
- Order backlog stabilized
- Successful Fair Productronica<p>In the first nine months of the year 2001 MANIA Technologie AG achieved a
turnover of Euro 88.5 mil. This was a drop of 24% compared with the same period
the year before. EBITDA dropped from Euro 12.2 mil. to Euro -3.4 mil. The loss
per share is Euro -1,16 (0,07). The figures were influenced on the one part by
the world-wide economic slump and on the other by restructuring measures. Non-
recurring restructuring costs influence the result negatively in the amount of
Euro 5.8 mil. They consist of amortisation, value adjustments and consultancy
costs. The costs of restructuring the Company will burden the results in the
4th quarter of 2001 and the 1st quarter of 2002. Compared with the same period
a year earlier the market for interconnect carriers shrank by over 50% in the
first nine months, particularly in the USA and Europe.<p>Due to the unsatisfactory market and profit situation an extensive programme
was worked out in the summer and is now being implemented to improve profits
long-term. These measures started to bear fruit in the 3rd quarter 2001.
Personnel costs could be reduced in the 3rd quarter from 13.2 mil. by 27% to
10.4 mil.<p>Due to the economic situation orders in hand which had amounted to Euro 35.9 on
31.12.2000 dropped to Euro 17.9 mil. on 30.09.2001. However a stabilisation in
the level of orders has been noticed. For example in comparison to 30.6.2001
the decrease was only 10% (30.6.2001 Euro 19.8 mil.).<p>In the beginning of November the most important fair for suppliers of the
Interconnect Carrier industry took place in Munich (Productronica). Although it
is an exhibiting show we received orders for the MANIA group of more than Euro
2 mil.<p>Due to the economic slump world-wide we do not expect a marked improvement in
the order situation in the next 6 months.<p>The 9 months report 2001 and further information may be obtained from MANIA
Technologie AG:<p>MANIA Technologie AG
Investor Relations
David Zimmer
D-61206 Weilrod
Tel 0 60 83/280 180
Fax 0 60 83/280 505
E-Mail investorrelations@maniagroup.com<p>end of ad-hoc-announcement (c)DGAP 27.11.2001
WKN: 662070; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart<p>
270807 Nov 01<p><br><br>Autor: DGAP import (),08:09 27.11.2001</p>
aus der Diskussion: DGAP-Ad hoc: Mania Technologie AG <DE0006620701> english =
Autor (Datum des Eintrages): ad_hoc  (27.11.01 08:09:05)
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