Heidelberg Reports Incoming Orders Increased in Third Quarter

Outlook
Based on the way the current financial year has gone to date, Heidelberg still expects the Group's sales for financial year 2009/2010 as a whole to be significantly below the level recorded in financial year 2008/2009. As a result of the low sales volume, Heidelberg is still predicting an operating result, excluding special items, of between EUR -110 million and EUR -150 million. All the cost-cutting measures planned at Heidelberg are currently being implemented. In addition, the agreements reached to date are giving the company continued flexibility when it comes to adapting personnel costs.