Impera Total Return AG: Improved earnings in the first half-year

• Net earnings of EUR 90.0k after a deficit of EUR 95.8k  in 2009
• NAV per share was at EUR 1,96 at the end of June

Frankfurt, 02 July 2010 – Impera Total Return AG improved its earnings in the first half-year of 2010. After a deficit of EUR 95,8k in the same period last year, the company announced a positive net result of EUR 90.0k.

Gross Earnings from the exit of long-term investments increased from EUR 27.6k to EUR 311.9k in the first half-year. The adjustment of the securities portfolio completed on schedule. Net revenue of corporate finance increased from EUR 12.3k to EUR 21,7k, while the earnings from the sale of securities held in current accounts declined from EUR 175.7k to EUR 144.3k. Personnel expenses rose to EUR 279,6k (H1 2009: EUR190.9k). There were no write-downs on financial assets and marketable securities by the end of June 2010.The investment portfolio was valued according with the strict lower of cost or market method.

Impera Total Return AG renewed its balance sheet by 10 percent to EUR 10.011k (31.12.2009: EUR 9071.7) at the end of June 2010. Of this, EUR 7.506.5k (31.12.2009: EUR 6.726.0k) related to earnings from the sale of securities held as non-current assets. The equity amounted to EUR 8.888.0k, which corresponds to an equity-to-asset-ratio of 88.8 percent. The book value per share amounted to EUR 1.54 (31.12.2009: EUR 1.53) with a total number of 5.760.000 shares.

Impera Total Return AG hopes to achieve a noticeable growth course during the upcoming year. An important reason for this is especially the reinforcement at the management-level. The Net asset Value (NAV) is very important for the subsequent development and increased during the year. After EUR 1.90 at the end of the year 2009 and EUR 1.93 on 31 March 2010, the NAV was by EUR 1.96 at the end of June 2010.