Borussia Dortmund announces preliminary results for the financial year 2007/2008

Borussia Dortmund GmbH & Co. KGaA / Preliminary Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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In the financial year 2007/2008 (01.07.2007 – 30.06.2008) Borussia Dortmund
GmbH & Co. KGaA recorded earnings before interest and taxes (EBIT) in an
amount of € 6.3 Mio. (€ 15.8 previous year). Net income amounted € 1.1 Mio.
(€ 10.3 Mio. previous year). Especially due to the prolongation of the
marketing cooperation with SPORTFIVE, which was agreed on in June 2008
(see: ad-hoc-news dated June 12th, 2008), the operating cash flow increased
from € 11.9 Mio by € 42.4 Mio. to € 54.3 Mio. compared to the previous
year.

Revenues of Borussia Dortmund GmbH & Co. KGaA increased from € 90.9 Mio.
(previous year) by € 9.0 Mio. (9.9%) to € 99.9 Mio in the financial year
2007/2008. These revenues spread as follows: Ticketing: € 22.6 Mio.
(previous year € 18.3 Mio.); TV-Rights: € 26.0 Mio. (previous year € 21.3
Mio.); Sponsoring: € 33.8 Mio. (previous year € 30.5 Mio.); Transfers: €
5.4 Mio. (previous year € 6.8 Mio.); Catering, Merchandising etc. € 12.1
Mio. (previous year € 14.1 Mio.). The increase of the revenues resulted
mainly from the successful participation of Borussia Dortmund in the
DFB-CUP-Competition.

Total operating performance improved from € 99.7 Mio (previous year) by €
8.9 Mio to € 108.6 Mio.

Personnel expenses of the company increased from € 34.3 Mio. by € 8.2 Mio.
to € 42.5 Mio. This was mainly caused by personnel improvement of the team
and bonus payments to the team und coaching staff due to the successful
participation in the DFB-CUP-Competition and the qualification for the
UEFA-CUP-Competition.

Depreciations increased as well due to the higher investments in the team
from € 6.9 Mio. by € 1.7 Mio. to € 8.6.

Compared to the previous year other operating expenses increased from €
42.7 Mio. by € 8.5 Mio. to € 51.2 Mio. The main contributory factors were
expenses amounting € 6.4 Mio. directly related to the successful
participation in the DFB-CUP-Competition.

The financial result improved from € -5.5 Mio. by € 0.4 Mio to € -5.1 Mio.

Group earnings before taxes and interests (EBIT) amounted - according to
International Financial Reporting Standards (IFRS) - € 5.4 Mio (previous
year € 15.6 Mio.)

Group financial result degraded from € -8.5 Mio. by € 1.6 Mio to € -10.1
Mio. Background is the dissolution of commission payments – paid and
deferred in the previous years - as a consequence of the complete discharge
of the Morgan Stanley loan in June 2008 (€ 1.9 Mio.).

Group total net income amounted € -3.9 Mio. (€ 10.1 Mio. previous year).The
deviation compared to the net income of the individual financial statement
of Borussia Dortmund GmbH & Co. KGaA (€ 1.1 Mio.) almost exclusively
results from accounting and valuation variance due to IFRS which however
did not have an impact on liquidity. The main contributory factors were
increased depreciations in the Group concerning the stadium (€ 3.4 Mio.),
the dissolution of the afore mentioned deferred commission payments (net of
tax € 1.2 Mio.) and increased expenses as a result of a qualification of a
contract as finance lease (€ 0.4 Mio.).

The earnings per share amounted € -0.07 (€ 0.17 previous year).

Group revenues increased from € 97.1 Mio. by € 10.5 Mio. to € 107.6 Mio and
the total group operating performance increased from € 106.0 Mio. by € 10.3
Mio. to € 116.3 Mio.

Group net debt (debt less liquid funds) decreased from € 115.0 Mio. by €
54.1 Mio. to € 60.9 Mio.

Dortmund, August 21st, 2008

Borussia Dortmund GmbH & Co. KGaA
Borussia Dortmund Geschäftsführungs-GmbH

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Information and Explaination of the Issuer to this News:

Borussia Dortmund GmbH & Co. KGaA will hold an annual press conference
regarding the preliminary results for the financial year 2007/2008 on
Friday, August 22nd, 2008, 11:00h in Dortmund which can be followed
real-time via LIVE-Streaming hosted at our sites www.borussia-aktie.de and
www.bvb.de.
21.08.2008  Financial News transmitted by DGAP
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Language:     English
Issuer:       Borussia Dortmund GmbH & Co. KGaA
              Rheinlanddamm 207 - 209
              44139 Dortmund
              Deutschland
Phone:        0231/ 90 20 - 0
Fax:          0231/ 90 20 - 912
E-mail:       [email protected]
Internet:     www.bvb.de
ISIN:         DE0005493092
WKN:          549309
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart, München, Hamburg,
              Düsseldorf
 
End of News                                     DGAP News-Service
 
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