3U HOLDING AG / Key word(s): Change in Forecast 03.07.2013 20:30 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- As a consequence of the dynamically changing market conditions, the Management Board of 3U HOLDING AG (ISIN DE0005167902) had already formulated a Group-wide 4-points target achievement strategy 2013 at the end of 2012, which also included extensive staff reductions. After the elimination of 25 positions in the first half of 2013, the measures to cut 23 further jobs have now been implemented within the Group, taking into account statutory notice periods. This mainly affected development capacities at the subsidiary weclapp, which are now no longer required after the main product of the company, the business apps of the weclapp suite, has largely been completed. Also a potential investor of the company who had declared his need for an undiminished development team has recently cancelled. Due to the aforementioned personnel measures, future personnel costs of approximately TEUR 3,140 p. a. will be saved; equivalent to a quarter of the personnel costs of the year 2012 (TEUR 12,473). With all measures taken so far, the Group comes significantly closer its objective to achieve a turnaround in the current year. Nevertheless - also due to lower personnel resources and one-time expenses related to headcount reductions - the Group's targets for 2013 have to be adjusted. In its updated forecast the Management Board of 3U HOLDING AG continues to expect a turnaround in the figures for fiscal year 2013. Sales between EUR 42 million and EUR 47 million, EBITDA of between EUR -2.5 million and EUR -1.0 million and net income of between EUR -4.5 million and EUR -3.0 million are planned. For 2014, the Management Board continues to expect sales of between EUR 50 million and EUR 55 million, EBITDA of between EUR 2 million and EUR 5 million and earnings of between EUR 0 million and EUR 2 million. Contact: Peter Alex Head of Investor Relations 3U HOLDING AG Frauenbergstraße 31-33 D-35039 Marburg Tel.: + 49 (0)6421 999-1200 Fax: + 49 (0)6421 999-1222 Email: [email protected] www.3u.net 03.07.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: 3U HOLDING AG Frauenbergstraße 31-33 35039 Marburg Germany Phone: +49 (0)6421/999-1200 Fax: +49 (0)6421/999-1222 E-mail: [email protected] Internet: www.3u.net ISIN: DE0005167902 WKN: 516790 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------