Fielmann: Press releases

Reporting year 2009: Dividend increases to 2.00
First quarter 2010: Unit sales + 4.4 per cent, external sales + 4.9 per cent
2010: 20 new openings, 400 new employees

At the Annual General Meeting on 8 July 2010, the Supervisory Board and the Management Board will propose a dividend of 2.00 per share (previous year: 1.95). The total dividend payout amounts to 84.0 million (previous year: 81.9 million).

In its last meeting on 22 April 2010, the Supervisory Board of Fielmann AG approved the annual accounts and consolidated accounts for financial year 2009. The market leader sold 6.4 million pairs of glasses (previous year: 6.1 million), achieved external sales of 1.11 billion (previous year: 1.06 billion), and consolidated sales of 952.5 million (previous year: 902.7 million). Pre-tax profits rose to 162.5 million (previous year: 161.8 million) and net income for the year went up to 114.3 million (previous year: 113.9 million). Earnings per share for full year 2009 increased to 2.64 (previous year: 2.63).

Our expectations for the first quarter of financial year 2010 have been met. Fielmann managed to increase its unit sales by 4.4 per cent to 1.5 million pairs of glasses, its external sales by 4.9 per cent to 281.0 million and consolidated sales by 4.8 per cent to 237.1 million. The company generated a pre-tax profit of 36.8 million (previous year: 33.0 million) and a quarterly net income of 25.9 million (previous year: 23.3 million).

Fielmann is confident that it will be able to develop its market position. In times of economic difficulty, consumers are particularly attracted to companies which guarantee them high quality at reasonable prices, and in the optical industry, this means Fielmann. For 2010 we are expecting a further increase in unit sales, sales revenue and earnings. This year we are planning to open 20 new branches and recruit 400 new employees.

Hamburg, April 2010

Fielmann Aktiengesellschaft
The Management Board

Further information:
Dr. Matthias Branahl, Head of Press and Public Relations, tel: +49 40 / 270 76 457
Ulrich Brockmann, Head of Investor Relations, tel: +49 40 / 270 76 442

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