ad pepper media continues its successful Q1 course and registers the best half-year results in the company’s history

Nuremberg, Amsterdam (The Netherlands), 31 July 2006

The company’s Q1 success has continued into the current 2006 financial year. In addition to further sustainable growth in turnover and gross profit, newly acquired technology companies were successfully integrated and are already positively contributing to ad pepper media’s performance.

For the second quarter of 2006, ad pepper media registered a turnover of 10.910 million Euros, an increase of 70 percent compared with the same period of the previous year (6.411 million Euros). Through the targeted and efficient usage of the proprietary webstats4U network, gross profit for Q2 also increased by 104 percent from 2.689 million Euros to 5.474 million Euros. Also, earnings before interest and taxes (EBIT) significantly increased in Q2 from –477,000 Euros to 517,000 Euros. Thus, consolidated earnings improved to 381,000 Euros from –278,000 Euros in Q2 of the previous year.

The company’s growth and market dynamics are also reflected in the half-year results. Turnover generated in the first half-year 2006 amounted to 20.173 million Euros. This corresponds to a 70 percent increase in turnover, compared to the first half-year 2005 (11.861 million Euros); in the same period, gross profit increased by 95 percent to 9.867 million Euros (previous year: 5.073 million Euros). EBIT for the first half of 2006 amounted to 6.764 million Euros, compared with -479,000 Euros in the same period of the previous year. Consolidated earnings for the first six months of 2006 are reported at 6.466 million Euros(previous year: -122,000 Euros).

As of June 30th, 2006, the company disposed of liquid resources, including short-term liquidisable securities, amounting to 24.9 million Euros. The change in liquidity compared with December 31st, 2005 results primarily from the sale of shares in dMarc and Falk eSolutions AG, as well as the acquisition of Crystal Reference Systems Ltd in Q1/2006 and the acquisition of Webgains Ltd. during the past quarter.

The complete six-month report will be published on 23 August, 2006 and will be available from this date on for down-loading at: www.adpepper.com.

Key figures for 2006/2005, in accordance with IFRS:

For further information:
Investor Relations
Anna-Maria Schneider
ad pepper media International N.V.
Tel.: +49 (0) 911/ 929 057- 0
Fax: +49 (0) 911/ 929 057- 312
Email: ir@adpepper.com