• Group revenue up 6% to EUR 30.5 million
• Key Account segment grows by 8%
• Subsidiaries continue to progress well on the whole

United Labels AG (ISIN: DE 0005489561), a company specialising in comicware sold under licence, achieved consolidated revenue growth of 6% in the first nine months of 2008, taking this figure to EUR 30.5 million (prev. year: EUR 28.2 million). EBIT amounted to EUR 0.2 million (prev. year: EUR 0.4 million).

Revenue growth was attributable mainly to positive developments within the Key Account segment. In this segment Group revenue rose by 8% to EUR 21 million (prev. year: EUR 20 million).

In this area, High School Musical and The Peanuts proved to be the most successful licence themes.

Additionally, House of Trends europe GmbH, a new subsidiary established in August 2007, contributed to growth with sales of EUR 1.8 million.

The Special Retail segment generated revenue of EUR 9.2 million in the first nine months (prev. year: EUR 9.1 million). The segment result rose by 14% to EUR 0.5 million.

Business developed well for the foreign subsidiaries, particularly those based in Belgium and Italy. While sales revenue in Belgium rose by 32% to EUR 2.5 million, Italy was able to lift revenue by 28% to EUR 1.1 million.

The full interim report for the first nine months, together with further information, is available at http://www.unitedlabels.com or from the following contact: