GESCO increases guidance and expects earnings per share of € 4.13

10.11.2010

Wuppertal, 10 November 2010 – GESCO AG is increasing its full year guidance for financial year 2010/2011 (1 April 2010 to 31 March 2011) in response to a successful first half of the year and continuing dynamic developments in the third quarter.

At the accounts press conference in June 2010, the Company forecast Group sales between € 290 million and € 320 million and Group net income after minority interest between € 9 million and € 11 million, corresponding to earnings per share pursuant to IFRS between € 2.98 and € 3.64.

It now expects Group sales of around € 325 million, Group net income after minority interest of approximately € 12.5 million and earnings per share pursuant to IFRS of € 4.13.

The complete half-year interim report for the current financial year 2010/2011 will be published on 15 November 2010.