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05/12/2006 14:43:10

euro adhoc: LPKF Laser & Electronics AG / quarterly or semiannual financial statement / LPKF: Record first quarter turnover (E)=


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  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
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12.05.2006

Ad hoc announcement pursuant to
                                 Section 15 WPHG

                       LPKF: Record first quarter turnover

The Group generated the following results in  the  first  three  months  of  the
financial year:

|                  |2006 (3 months) |2005 (3 months)|Change   |
|Turnover TEUR     |8,141           |6,958          |+17.0%   |
|Profit TEUR       |700             |940            |-25.5% * |
|Net margin        |8.6%            |13.5%          |         |
|EBIT TEUR         |1,507           |1,633          |-7.7% *  |
|EBIT margin       |18.5%           |23.5%          |         |
|EPS EUR           |0.06            |0.09           |-33.3% * |
|Cash and cash     |                |               |         |
|equivalents TEUR  |7,019           |6,522          |+7.6%    |
|Capital ratio     |67.2%           |69.7%          |         |
|Orders in hand of |                |               |         |
|group 31.3 TEUR   |8,374           |4,658          |+79.8%   |
|Orders received by|                |               |         |
|group 31.3 TER    |8,719           |7,504          |+16.2%   |

Notes on the quarterly results:

The LPKF Group boosted turnover in the  first  three  months  by  17%  to  8.141
million E to post the best first quarter turnover ever in the company's  30-year
history.

The growth is primarily attributable to a strong increase in the  laser  segment
which rose by 41.1%. In particular, business with 3D-MID laser systems was  very
satisfactory and generated a real contribution to earnings for  the  first  time
of 1,205 TE.

The successful trend in the Laser Plastic-Welding segment the previous year  has
continued, putting it ahead of target with a turnover of 842 TE.  This  division
is also showing a clear move away  from  production  services  to  the  sale  of
systems.

While turnover in the Inspection/Special Systems segment was  down  year-on-year
in the first three months, there was a clear increase in sales in the Rapid  PCB
Prototyping segment. Turnover here grew by 11% to 2,621 TE.

* Profits at 700 TE are down by around 240 TE on the same  period  the  previous
year. However, direct comparison between the first quarters  in  2006  and  2005
are limited by two factors: the profit in Q1 2005 was  raised  by  extraordinary
income from  the  sale  of  stencil  laser  production  in  North  America;  and
provisions for bonuses were set aside in the first quarter  2006.  Adjusted  for
these special effects, profit in Q1 2006 actually rose by 166 TE.

Outlook 2006

Orders in hand and the current  level  of  orders  received  indicate  that  the
company will continue to develop positively in the ongoing financial  year,  and
will  benefit  from  the  trends  in  the  global  electronics  market   towards
miniaturisation, shorter product cycles and higher productivity.

The positive development in the Laser Plastic-Welding  and  3D-MID  segments  is
particularly  satisfactory  because  the  high  level  of  investment  in  these
segments in the past is now generating the expected rewards.

The management expects additional positive impulses to come  during  the  course
of the financial year from the market launch of new and higher quality  products
in coming months. The turnover target in the ongoing  financial  year  is  E  41
million, to rise to E 50 million by the end of 2007.

LPKF Laser & Electronics AG shares are quoted  in  the  Prime  Standard  of  the
Frankfurt stock exchange (ISIN 0006450000).

Further inquiry note:
Bettina Schäfer
Tel.: +49 (0)5131 7095 382
b.schaefer@lpkf.de

emitter:      LPKF Laser & Electronics AG
              Osteriede  7
              D-30827 Garbsen
phone:        +49(0)5131 7095 382
FAX:          +49(0)5131 7095 90
mail:         b.schaefer@lpkf.de
WWW:          ¿U1http://www.lpkf.de¿U0
ISIN:         DE0006450000
indexes:      CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Frankfurter Wertpapierbörse,
              free trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
              Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
              Niedersächsische Börse zu Hannover, Bayerische Börse 
sector:       Semiconductors & active components
language:     English
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