MLP presents its annual report

• Confirmation of preliminary business figures for 2011
• Total revenue up 4 percent to EUR 545.5 million, operating EBIT up 11 percent to EUR 52.3 million
• Proposed dividend of EUR 0.60 per share

Wiesloch, 22nd March 2012 – MLP today presented its financial statements and thereby confirmed the preliminary business figures for 2011. Under the heading of "Focused on what matters", the annual report puts MLP's client orientation at the forefront. The advantages of MLP's holistic approach to consulting and concentration on specific professional groups are demonstrated in reference to the current image campaign.

MLP concluded the financial year 2011 with significant growth in both revenue and earnings. Following a dynamic fourth quarter, total revenue increased by 4 percent to EUR 545.5 million (2010: EUR 522.6 million). Operating earnings before interest and taxes (EBIT before one-off exceptional costs) enjoyed an 11 percent gain to EUR 52.3 million (EUR 47.0 million). As announced, one-off expenses were accrued within the scope of the investment and efficiency program. These expenses totalled EUR 33.4 million. The EBIT was therefore EUR 18.9 million (EUR 47.0 million). Net profit for the period declined accordingly to EUR 12.5 million (EUR 34.1 million). Liquid funds as of 31st December 2011 were EUR 171 million (31st December 2010: EUR 223 million), while the equity ratio as of 31st December 2011 was 26.8 percent (December 31, 2010: 27.6 percent).

The Executive Board and Supervisory Board of MLP AG will propose a dividend of EUR 0.60 per share (2010: EUR 0.30) to the Annual General Meeting. MLP will thereby pay out a constant dividend and an additional EUR 0.30 per share based on the liquidity not required for the operating business. "MLP employs a non-capital-intensive business model and has great financial strength. This allows us to pay a stable dividend, even in a year with one-off expenses", comments Chief Financial Officer Reinhard Loose. "At the same time, we are underlining our confidence in MLP's future with our dividend payout."

MLP's goal for the current financial year 2012 remains increasing the operating EBIT margin to 15 percent (2011: 9.6 percent).

The Annual General Meeting is scheduled for June 26, 2012 in Mannheim.

Continuing operations(in EUR million)	Q4/ 2011	Q4/ 2010	Change in %	12 months 2011	12 months 2010	Change in %
Revenues	183.0	165.1	11	526.7	497.3	6
Revenues from commissions and fees	175.6	158.8	11	498.5	472.2	6
Interest income	7.3	6.3	16	28.2	25.2	12
Other revenue	6.0	8.7	-31	18.8	25.3	-26
Total revenues	189.0	173.7	9	545.5	522.6	4
Operating EBIT (before one-off exceptional costs)	33.6	30.0	12	52.3	47.0	11
Earnings before interest and tax (EBIT)	14.2	30.0	-53	18.9	47.0	-60
Earnings before tax (EBT)	14.5	30.1	-52	18.7	47.1	-60
Net profit	10.8	21.8	-50	12.2	34.1	-64
Group net profit (including discontinued operations)	10.4	21.6	-52	12.5	34.1	-63
Diluted earnings per share (including discontinued operations) in EUR	0.10	0.20	-50	0.12	0.31	-61
Clients				794,500	785,500*	1
Consultants				2,132	2,160*	-1

*) 30th September 2011

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