Nuremberg, Amsterdam, The Netherlands, 24 March 2006

ad pepper media publishes its preliminary company figures in accordance with the International Financial Reporting Standards (IFRS). Details for the previous year have been adjusted accordingly.

With an increase in turnover for the total year of 32 percent to EUR 29.4 mil-lion (previous year: EUR 22.2 million) ad pepper media once again exceeded the industry average growth-rate of 12 to 15 percent. The consistent development of turnover achieved in the first nine months continued into the fourth quarter, notwithstanding the siginificant acquisition of mediasquares GmbH. In the fourth quarter of 2005, ad pepper media achieved almost EUR 11 million, making quarterly double figure millions for the first time in its his-tory an increase in turnover over the previous quarter (EUR 6.6 million) of 66.2 percent.

EBIT (Earnings Before Interest and Taxes) of 228 kEUR represents an increase of 58 percent on the comparable quarter in 2004, even after the es-tablishment of new business areas, such as website services (webstats4U) with the associated restructuring costs essential for long-term security.  EBIT of 497 TEUR in the fourth quarter of 2005 showed a notable increase of 115 percent compared with the previous quarter (231 kEUR). Pre-tax results amount to EUR 0.95 million (previous year: EUR 1.36 million). The group’s net income for the year was EUR 3.39 million, after EUR 3.95 million in 2004.

The balance sheet structure as of 31 December 2005 remains extremely sound, with an equity capital ratio of 84 percent. Even after the acquisitions and investments in technology carried out in fiscal year 2005, liquidity hold-ings remain comfortable at a figure of EUR 17.5 million (31 December 2004: EUR 25.2 million), which will be further increased by divestments after the balance sheet closing date in the first quarter of 2006.

A telephone conference will be held with the management board at 10.00 a.m. on 29 March 2006.

The annual general meeting of ad pepper media International N.V. will be held on 12 May 2006 in Amsterdam (The Netherlands).

Preliminary figures for 2005/2004, in accordance with IFRS:

		Q4/2005	Q4/2004*	Diff.	FY 2005	FY 2004	Diff.
Turnover	kEUR	10,975	7,132	54%	29,440	22,243	32%
Gross margin	kEUR	4,798	2,993	60%	13,138	9,875	33%
Operating costs	kEUR	4,301	2,901	48%	12,910	9,731	33%
EBIT	kEUR	497	92	440%	228	144	58%
Net income	kEUR	3,120	2,968	5%	3,394	3,949	-14%
Profit per share (undiluted)	EUR	0.29	0.29	0%	0.32	0.38	-16%
					31.12.05	31.12.04*
Liquid resources**	kEUR				17,536	25,197
Equity capital	kEUR				43,941	40,087
Balance sheet total	kEUR				52,194	46,398

*Adjusted to previous year's figures       
** including short-term liquidisable fixed asset securities and       
restricted cash