Ad hoc announcements

OHB Technology AG with steady earnings performance

Bremen, March 18, 2003. In spite of general macroeconomic uncertainty, OHB Technology AG exceeded its revenue and earnings forecasts in fiscal 2002. According to preliminary figures, net income for the year came to a good EUR 3.4 million on total revenues of EUR 78.9 million, equivalent to earnings of EUR 0.23 per share. This marks a more than five-fold year-on-year increase in both total revenues and earnings per share.

Thus, following the merger of OHB Teledata and OHB-System, this again testifies to the Group's very steady earnings performance even in the face of difficult economic conditions, a fact which it has repeatedly stressed. Guidance on total revenues and earnings for this fiscal year will be issued at the annual press conference scheduled to take place on March 27 in Frankfurt.

ISIN: DE0005936124; WKN: 593612; Prime Standard

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Contact for investors and analysts:

Michael Vér
Investor Relations

Phone: +49 421 - 2020-727
Fax: +49 421 - 2020-613
E-Mail: michael.ver@ohb.de
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Steffen Leuthold
Corporate Communications

Phone: +49 421 - 2020-620
Fax: +49 421 - 2020-700
E-Mail: steffen.leuthold@ohb.de