Exclusive Update on Heidelberg’s Outlook from CEO Bernhard Schreier

Printing Impressions: What is the prognosis for the balance of 2008 and 2009?

Schreier: The company does not expect to match the previous year's sales figure for the financial year 2008/2009 as a whole; the operating result will considerably fall short of the previous year's result. Due to the uncertain economic situation worldwide and the volatile market environment, it will not be possible to provide a forecast of the key figures for the financial year 2008/2009 as a whole until later in the year. An outlook should be published no later than with the half-yearly results at the beginning of November 2008.