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Development as projected

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------

Development as projected

SALTUS Technology AG, Solingen, a specialist for torque- and measuring technique as well as precision parts, increased the turnover during the first nine months of current fiscal year (February 1st, 2001 January 31st, 2002) by 5.7% of 24.7 mio EUR to 26.1 mio EUR. The operational result (EbIT) of the quarterly report done in accordance with IASC totals to 1.2 mio. EUR compared with previous years figures of 1.8 mio. EUR and was as already expected lower because of higher expenditures for equipment and related services than previous years value. The pre-tax result (EbT) of 0,409 mio. EUR (1,388 mio. EUR) does express the remarkable interest rate in the amount of 0.772 mio. EUR (0.403 mio. EUR), and the tax expenses of 0.388 mio. EUR (1.388 mio. EUR) is mainly responsible for the retrogressive surplus of 0.073 mio. EUR (0.385 mio. EUR). These results reflect the expectations of the Board, calculating a slightly increase of the predicted 0.08 mio. EUR surplus for the total fiscal year.

A further positive development is to be noted within the main segment of SALTUS Technology AG, the precision technique division, where the employee figure rose by 25 to 189 employees since the beginning of this year while the employee figure within other segments is slightly decreasing. All in all SALTUS Technology AG presently employs 266 (250) persons which underlines a further positive order volume. Despite of the insecure economy trend the Board is still positive regarding the result prognosis of approximately 1 mio. EUR for the upcoming fiscal year which will be shortened by one month (February 1st, 2002 December 31st, 2002). This tense optimistic projection is based on the achieved quality improvements, production improvements and the cost reduction program getting into effect and last but not least the long-life order mentioned at the annual shareholders meeting on August 31st, 2001 which is from a large supplier for the automobile industry dealing with the new generation of fuel injection systems for modern diesel engines.

For more detailed information please see our nine-months report by turning to our homepage at http://www.saltus.de.

end of ad-hoc-announcement (c)DGAP 14.12.2001 -------------------------------------------------------------------------------- WKN: 716100; ISIN: DE0007161002; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart

140559 Dez 01



Autor: DGAP import (),06:02 14.12.2001



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