Q1/2012 TELES Group Results: Slight revenue increase and reduced costs constitute a solid basis for growth

Positive results from Restructuring

Ad-Hoc Shareholder's/Press Release in accordance with § 15 WpHG

Summary of the key data of TELES' continuing operations for 2011 (in accordance with IFRS, unaudited)*:

• Revenues: 3,07 Mio. € (3,00 mn €, 3 %)
• Gross Profit: 1,51 Mio. € (1,43 mn €, 6 %)
• EBITDA: -0,38 Mio. € (-1,46 mn €, 74 %)
• EBIT: -0,46 Mio. € (-1,57 mn €, 71 %)

(* Q1/2011 figures in brackets)

Berlin, May 22, 2012. In comparison to the previous year’s period, the revenues of the first quarter 2012 slightly increased by 3 % to 3,07 mn € – a sign for continuing stabilization of the business performance. The EBIT still shows a loss of -0,46 mn €, but improved by about 1 mn € in comparison to the previous year. This is mainly due to re-organization measures and reduction of costs which have been realized within second quarter 2011 and are showing effect.

The complete Quarterly Report Q1/2012 will be published on May 22, 2012 on www.teles.com.

Prof. Dr.-Ing. Sigram Schindler
CEO
TELES AG Informationstechnologien