Vara Research Consensus Estimates/Vossloh: Q1 2009E Sales: EUR 288,4 (-0,3%); EPS from continuing operations: EUR 1,28 (-2,3%)

The calculated consensus is based on the estimates of 17 major banks consulted by Vara Research GmbH.

Q1 09 Estimates and YoY Change: Sales: 288.4 (-0.3%) EBIT: 28.1 (-7.3%) EPS reported (in EUR): 1.28 (-2.3%) EPS from continuing operations (in EUR): 1.28 (-2.3%)

2009 Estimates and YoY Change: Sales: 1,266.9 (4.5%) EBIT: 137.3 (-0.3%) EPS reported (in EUR): 6.30 (-33.5%) EPS from continuing operations (in EUR): 6.30 (0.0%)

Q1 08 Figures in accordance to IFRS 5 (excluding Vossloh Infrastructure Services) Sales: 289.4 EBIT: 30.3 EPS reported (in EUR): 1.31 EPS from continuing operations (in EUR): 1.31

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Contact details: Vara Research GmbH Martin Pahn Phone: +49-69-66 36 80 72 E-mail: info@vararesearch.de

Disclaimer: This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.

Sitz der Gesellschaft: Frankfurt am Main Registergericht: Amtsgericht Frankfurt am Main HRB 57464 Geschäftsführer: Michael Vara (END) Dow Jones Newswires

   April 24, 2009 05:16 ET (09:16 GMT)- - 05 16 AM EDT 04-24-09