Ad hoc-Mitteilungen

DJ DGAP-Adhoc: Pongs & Zahn Aktiengesellschaft

DJ DGAP-Adhoc: Pongs & Zahn Aktiengesellschaft

Pongs & Zahn AG / Preliminary Results/Development of Sales


Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =--------------------------------------------------------------------------

Pongs & Zahn Aktiengesellschaft, Berlin: · Request for extension of deadline for publication of annual report 2006 and quarterly report I/2007 · Loss for the business year 2006 foreseeable · Successful year 2007 expected · Change into the segment 'General Standard' intended

Berlin, April 19, 2007. Pongs & Zahn Aktiengesellschaft, which is listed in the Prime Standard segment of the Frankfurt Stock exchange, has requested the extension of deadlines for the publication of the annual report 2006 and the interim report for the first quarter of the business year 2007. The requests were filed in accordance with the Frankfurt Stock Exchange regulations. The company expects a not liquidity-related loss for the business year 2006 in the amount of EUR 11.3 mil which is widely covered by the balance sheet profit carried forward and the revenue reserves. This loss is due to the announced resolving of the qualified opinion of previous year's annual report.

In the year 2005 Pongs & Zahn has begun to refocus its participation strategy on companies which are active in the field of chemical raw materials. This process had been widely completed in the past business year and the operating business of the company in this area has continued to pick up. Therefore, and due to the recent investments in plant and machinery, the Pongs & Zahn Group will be able to increase its business activities in the current business year above average - provided the markets will maintain their stability. The medium-term investment programme to increase the production potential by an additional 20% will be financially secured by the cash flow of the group of companies.

Although the initial reporting in accordance with the IFRS was finalized according to plan, not all changes in the participation portfolio could be realized in the course of the 2006 business year. Consequently, the annual report 2006 can only be approved by the auditors when the currently still open questions of valuation and consolidation have been answered for reporting purposes.

Pongs & Zahn will announce the new publication dates of the annual report 2006 and the quarterly report I/2007 as quickly as possible.

Due to high long-term costs and not necessarily adequate benefits of a listing in the segment Prime Standard, Pongs & Zahn is contemplating to ask the Stock Exchange to discontinue its listing there and to change into the General Standard segment.

Chief Executive Officer

Contact: Martin Bretag Investor Relations Pongs & Zahn Aktiengesellschaft Friedrichstraße 90 10117 Berlin Tel: 030/20253502 Fax: 030/20253537 email:

DGAP 19.04.2007 =--------------------------------------------------------------------------

Language: English Issuer: Pongs & Zahn AG Friedrichstraße 90 10117 Berlin Deutschland Phone: +49-(0)30-20253-502 Fax: +49-(0)30-20253-537 E-mail: www: ISIN: DE0006954001 WKN: 695400 Indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin-Bremen, Hamburg, München, Stuttgart

End of News DGAP News-Service


April 19, 2007 11:59 ET (15:59 GMT)

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