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07.11.2008

MediClin publishes first nine month figures of the 2008 financial year – further increase of occupancy

Frankfurt am Main, November 7, 2008 – In the first nine months of 2008 Group sales of EUR 341.7 million were achieved, thus being EUR 49.3 million or 16.9% above previous year’s value. Cleared of the turnover from the clinics of the Kraichgau-Klinik AG, which totalled EUR 38.8 million, Group sales would have been EUR 10.5 million or 3.6% higher than in the previous year. The Group result of operations (EBIT) for the first nine months of 2008 amounts to EUR 12.3 million (9 M 2007: EUR 13.4 mill.) Compared with the previous year’s period higher rent expenses totalled up to EUR 5.9 million. Furthermore pleasing is the development of the occupancy rates, being 86.4% (9 M 2007: 84.2%) Group-wide in the meantime.

In the post-acute segment the increased costs, particularly the again mature rental expenses, could be balanced by increased sales, and a positive operating result was achieved. Subsequent nursing treatments accounted for 59% of the nursing days including the newly acquired facilities. In the acute segment the result was not maintained because greater people-intensity and a higher consumption of medical materials were showing a greater effect than in the post-acute segment. The EBIT margin is 7.9% (9M 2007: 10.4%). In the nursing care segment sales increase by approximately 10%, the operating result was negatively impacted in 2008 by the expansion and development of the Baar-Zentrum in Donaueschingen.

The per-case revenue totalled EUR 3,126 (9 M 2007: EUR 3,148) in the post-acute segment and EUR 4,664 (9M 2007: EUR 4,131) in the acute segment. The share of out-patient health care in the Group sales was EUR 7.9 mill. (9M 2007: EUR 7.2 mill.).

The interim report as of September 30, 2008 is available on www.mediclin.de.

About MediClin AG (Ticker: MED; WKN: 659 510)

MediClin AG is a nation-wide clinic operator and large provider of services in the area of Psycho- and Neurosciences as well as Orthopaedic. With 33 clinics and eight nursing care facilities and three Medizinische Versorgungszentren (medical care units) in eleven federal states MediClin has a total capacity of approximately 7,900 beds. MediClin’s facilities include acute care clinics, i.e., general hospitals, special treatment facilities, specialised hospitals and clinics for post-acute treatment and medical rehabilitation. MediClin has approximately 7,800 employees.