Goldrooster AG on track for profitable growth in first half of 2012

Goldrooster AG on track for profitable growth in first half of 2012

Berlin, 7 August 2012 - Goldrooster AG (ISIN DE000A0AYYU6), the German holding company of Goldrooster group, an operator of an innovative sports fashion brand specialising in apparel, footwear and accessories for the Chinese market, continued its profitable growth in the first half of 2012. Preliminary figures show that sales increased by over 40 percent during the period to just under EUR 70 million, from EUR 46.8 million during the same period in the previous year. In the first half of 2012, provisional net profit increased year-on-year by over 30 percent from EUR 7.8 million to over EUR 10.0 million. The extremely positive trend is a reflection of the company's market position and the expansion in marketing and sales activities. Goldrooster was also singled out by Brand China Industry Union (BCIU) as one of China's top 10 brands in 2012 in the casual fashion scene. Goldrooster is expecting the positive development to continue in the second half of 2012.

Goldrooster Group runs an innovative sports fashion label, specialising in apparel, footwear and accessories for the Chinese market. With the goal of delivering high quality products at attractive prices, it targets China's young and ambitious middle class ranging in age from 18 to 35. The company has been on a profitable growth path for years. Revenues rose by around 30 percent to approximately EUR 104 million during the 2011 financial year, with the net margin amounting to 16.4 percent.

Further information about Goldrooster AG can be found on www.goldrooster.de

Contact:

edicto GmbH
Dr. Sönke Knop / Peggy Kropmanns
Eschersheimer Landstrasse 42
60322 Frankfurt, Germany
Phone: +49 (0)69 905505 51
E-mail: goldrooster@edicto.de

Disclaimer

This publication constitutes neither an offer to sell nor a solicitation to buy securities of Goldrooster AG. The shares have been offered solely by means of, and on the basis of, the published securities prospectus. The securities prospectus is available on the Company's website (www.goldrooster.de).

This document is not an offer of securities for sale or a solicitation of an offer to buy securities in the United States. The shares of Goldrooster AG ('Shares') have not been registered under the U.S. Securities Act of 1933, as amended ('Securities Act') and may not be offered or sold in the United States, unless registered under the Securities Act or according to an exemption from such registration. There will not be any public offering of the Shares in the United States and the Shares will not be registered under the Securities Act.

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