DGAP-Adhoc: Lloyd Fonds AG downgrades forecast for 2008

 | Source: EQS Group AG EQS Group AG 

Lloyd Fonds Aktiengesellschaft / Forecast/Miscellaneous

15.07.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Amid a generally weak market overall, Lloyd Fonds AG has lowered its
forecast for equity placements and anticipated net income for fiscal 2008.
The company now assumes that the placement volume will amount to roughly
390 million euros, with net profit for the year reaching 12 million euros.
The reasons for this revised forecast are the weak trends prevailing in the
overall market for financial investments, which are impacting on closed-end
funds as well, and the probable earnings for the first half of 2008.
Customers’ investment behavior is being affected a great deal more sharply
by the global financial crisis and weakening economic activity than had
been assumed at the beginning of the year.

The Management Board has announced that it will follow the course of sales
reinforcement already embarked on and will simultaneously implement savings
measures within the organization. In addition, the company consistently
continues to work on high-quality, innovative funds. The company’s
investor-friendly dividend policy is to remain in place in 2009.

For the year 2009, Lloyd Funds expects a stabilization for the market as a
whole as well as substantially better results for the company.


Contact:
Dr. Goetz Schlegtendal
Lloyd Fonds AG
Amelungstraße 8-10
20354 Hamburg
Tel: +49-40-325678-0
Fax: +49-40-325678-99
Mail: ir@lloydfonds.de


DGAP 15.07.2008 
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Language:     English
Issuer:       Lloyd Fonds Aktiengesellschaft
              Amelungstr. 8-10
              20354 Hamburg
              Deutschland
Phone:        +49 (0)40  32 56 78-0
Fax:          +49 (0)40  32 56 78-99
E-mail:       info@lloydfonds.de
Internet:     www.lloydfonds.de
ISIN:         DE0006174873
WKN:          617487
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
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