Ad hoc announcement

Stuttgart, November 11, 2008. Business Media China AG has achieved new
record sales with a volume of EUR 9.8 million in the third quarter 2008.
This corresponds to a growth of 21% compared with the corresponding quarter
of last year. While the exhibition segment of the business and the airport
advertising media sales developed as planned, the railway station media
business did not reach the high expectations despite its strong growth. The
strong sales trend led to a quarterly pre-tax result in the amount of EUR
0.5 million.

The consolidated nine monthly figures for the sales volume of the BMC group
amount to EUR 20.5 million (+ 28%). The gross margin reached EUR 6.2
million as of September 30, 2008 and surpassed last year's value by 94%.
The accumulated result after taxes rose by 67 % to minus EUR 1.4 million.
(previous year:  minus EUR 3.7 million).

The volume of orders in the segments Exhibitions & Conferences as well as
advertising media continues to remain at a high level, a precise forecast
for the next months, however, is difficult due to the still unforeseeable
consequences of the global financial crisis. Under the present
circumstances the executive board expects group sales of EUR 30 to 35
million for the complete year. Despite further improvements in the results,
we can no longer expect to reach the breakeven point for the complete year
due to the economic uncertainties. Consequently, we are presently
initiating several cost saving measures - in parallel to the growth
initiatives continuing as planned - with the aim of lowering the breakeven
threshold of the group in 2009 considerably.