Ad-hoc Announcements


DGAP-Ad-hoc: VTG Aktiengesellschaft: VTG AG specifies fiscal-2007 guidance for the first time

VTG Aktiengesellschaft / Half Year Results/Forecast
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.

Hamburg, August 30, 2007. VTG Aktiengesellschaft, one of Europe’s leading rail logistics companies (securities code number VTG999) has, on the basis of its performance in the 1st half of 2007, for the first time specified its guidance for the full year. Against the backdrop of continuing positive economic conditions, VTG AG's Executive Board expects operating earnings (EBITDA) by the end of 2007 to increase approximately by between 17 and 19 percent to € 132 – 134 million, despite the IPO expenditure and the costs incurred during the refinancing.

For fiscal 2007, VTG moreover expects revenues totaling between € 525 – 530 million, i.e. between 1 and 2 percent above the 2006 level (€ 518.6 million). The expected sustained revenue growth in the Wagon Hire and Tank Container Logistics divisions of between 5 and 7 percent this fiscal year contrasts with minor revenue decline in the Rail Logistics division. This performance in the Rail Logistics division does not, however, have an impact on the earnings situation of this business division or that of the Group.

In the 1st half of 2007, VTG generated revenues totalling € 264 million and operating earnings (EBITDA) of € 61.4 million. Not including the non-recurring IPO expenses and the costs incurred through refinancing EBITDA even came to € 63.1 million.

Felix Zander
Head of Investor Relations
Phone: +49 (0) 40 2354 1351
Fax: +49 (0) 40 2354 1350

Simone Aulert
Head of Communications and Marketing
Phone: +49 (0) 40 2354 1343
Fax: +49 (0) 40 2354 1340

30.08.2007  Financial News transmitted by DGAP

Language:     English
Issuer:       VTG Aktiengesellschaft
              Nagelsweg 34
              20097 Hamburg
Phone:        040 2354 0
Fax:          040 2354 1199
ISIN:         DE000VTG9999
WKN:          VTG999
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart  
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