DGAP-News

GRENKELEASING AG: Consolidated Group net profit rises 37.7% to EUR 48.3 million and exceeds our previous expectations - Seite 3

the unchanged credit rating received from Standard & Poor's. In its most
recent analysis dated October 9, 2014, the rating agency confirmed our
counterparty credit rating of BBB+/A-2, both with a negative outlook. The
Company continues to enjoy a stable investment-grade rating. The
Gesellschaft für Bonitätsbeurteilung mbH ("GBB") came to a similar
conclusion in their first analysis of the GRENKE Consolidated Group
published on October 1, 2014 with their A- rating and a stable outlook. The
favourable GBB rating is particularly important in terms of the strategic
direction being taken by GRENKE Bank", explained Jörg Eicker, Chief
Financial Officer (CFO) of GRENKELEASING AG.

The full Financial Report for the 3rd Quarter and the First Nine Months
2014 can be accessed at www.grenke.de/financialreports.

Should you have any queries, please contact:

Renate Hauss
Tel.: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: http://www.grenke.de

The GRENKE Group

The GRENKE Group is a broadly diversified provider of IT-based services in
Small-Ticket-IT-Leasing, Factoring and Banking for small and medium-sized
companies. In addition, the GRENKE Bank offers its classic online services
also to private customers.

The GRENKE Group is independent of vendors and banks and holds a leading
market position in Europe in the field of small-ticket IT leasing for
products such as PCs, notebooks, copiers, printers, or software of
relatively low asset value. The GRENKE Group operates in 27 countries and
employs more than 900 staff.

GRENKELEASING AG is listed in the Prime Standard of the Frankfurt Stock
Exchange and is included in the SDAX. GRENKELEASING AG shares are listed in
the SDAX on the Frankfurt Stock Exchange with the code GLJ, ISIN
DE0005865901.

Information on the GRENKE Group and its products is available at
http://www.grenke.de



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Language: English
Company: GRENKELEASING AG
Neuer Markt 2
76532 Baden-Baden
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.grenke.de
ISIN: DE0005865901
WKN: 586590
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


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293603 28.10.2014