Report on Q3 2007: Interhyp continues to grow against the trend - mortgage volume increased by 24 per cent

Mortgage volume of EUR 4.2 billion closed in the first nine months (Munich, 8 November 2007). Although conditions in the market for residential mortgages deteriorated noticeably once again, Interhyp AG, Germany's largest independent distributor of residential mortgages, remained on its growth path. The volume of closed mortgages in the third quarter of 2007 rose 24 per cent to EUR 1.312 billion (Q3 2006: EUR 1.060 billion). In a nine-month comparison, volume surged as much as 33 per cent to EUR 4.176 billion (9M 2006: EUR 3.131 billion). Between July and September 2007, net revenues grew by 17 per cent to EUR 18.1 million against EUR 15.5 million in the comparable prior-year quarter. In the first nine months of the year, net revenues climbed by 28 per cent from EUR 42.7 million (9M 2006) to EUR 54.5 million. Earnings before interest and taxes (EBIT), at EUR 5.4 million, were a modest seven per cent below the comparable prior-year quarter (EUR 5.8 million). However, in a nine-month comparison, a record high of EUR 19.4 million (9M 2006: EUR 15.2 million) was reported. In the third quarter of 2007, net profits came to EUR 3.4 million, thus totaling EUR 12.1 million in the first nine months of 2007. "Demand for residential mortgages weakened noticeably once more in the third quarter - a trend which even we could not elude. At the same time, our figures for the third quarter demonstrate the structural strength of our business model once more: demand for our service continues to grow strongly", says Robert Haselsteiner, founder and Co-CEO of Interhyp AG, and adds: "In the first nine months of the year alone, we helped more than 28,000 people to finance their property at better rates." Based on the usual acceleration of demand in the fourth quarter, Interhyp adheres to its guidance for closed mortgages (around EUR 5.7 billion), net revenues (about EUR 75 million), and EBIT (approximately EUR 27 million). About Interhyp With EUR 4.4 billion in new residential mortgage volume in 2006, Interhyp is Germany's leading independent residential mortgage distributor. Interhyp combines the power of the Internet with high quality mortgage advice. More than 200 mortgage consultants can choose among the products of more than 50 mortgage lenders to provide borrowers with rates that are on average 0.5% below those of traditional branch-based retail banks. In addition to its direct channel, Interhyp offers face to face advice in its offices in Berlin, Bielefeld, Bremen, Cologne, Dortmund, Dusseldorf, Essen, Frankfurt, Hamburg, Hanover, Karlsruhe, Leipzig, Mannheim, Munich, Nuremburg, Stuttgart and Wiesbaden. Interhyp AG shares are listed at Frankfurt Stock Exchange (SDAX) with the code IYP and the ISIN: DE 00005121701. Press contact Christian Kraus, SVP Corporate Communications, Telephone +49 89 20 30 7 13 01 E-Mail: --- End of Message --- Interhyp AG Marcel-Breuer-Str. 18 Munich Germany WKN: 512170; ISIN: DE0005121701; Index: CDAX, CLASSIC All Share, Prime All Share, GEX, SDAX; Listed: Prime Standard in Frankfurter Wertpapierbörse, Amtlicher Markt in Frankfurter Wertpapierbörse;