MLP releases its annual report

• Confirmation of the preliminary results for 2010
• Group net profit rises by 41 percent to EUR 34.1 million
• Dividend proposal of 30 cents per share (2009: 25 cents)

Wiesloch, 24th March 2011 – In its annual report released today, MLP confirmed the preliminary results for the financial year 2010. Under the title “Committed to your requirements”, the annual report focuses on clients. In the report, four private and two corporate clients formulate their wishes and requirements with respect to a modern financial services and wealth management consultant – and MLP describes how the Group optimally fulfils clients’ requirements.

MLP concluded the financial year 2010 with significant earnings growth. Earnings before interest and tax (EBIT) benefited from the successful effi-ciency management programme and increased by 11 percent to EUR 47.0 million (EUR 42.2 million); Group net profit climbed by 41 percent to EUR 34.1 million (EUR 24.2 million). Total revenues decreased slightly, falling by 2 percent to EUR 522.6 million (2009: EUR 532.1 million).

The Executive and Supervisory Boards are proposing a dividend increase to 30 cents per share (2009: 25 cents) for approval at the Annual General Meeting (AGM). The proposed dividend payout amounts to EUR 32.4 million (EUR 27.0 million) which equates to 95 percent of net profit. As already communicated three years ago, shareholders can receive the dividend taxfree. “For the coming years too, we are planning to continue our dividend policy and distribute almost the entire net profit as a dividend,” comments Reinhard Loose, Chief Financial Officer at MLP AG.

MLP reiterates its goal of further improving the operative EBIT margin and increasing this figure to 15 percent by the end of 2012 (2010: 9.0 percent).

The Annual Report is available on the Internet at http://www.mlp-ag.com/investor-relations/financial-publication/reports. The Annual General Meeting will take place on 10th June 2011 in Mannheim.

Continuing operations (in EUR million)	Q4/ 2010	Q4/ 2009	Change in %	12 months 2010	12 months 2009	Change in %
Revenues	165.1	173.5	-5	497.3	503.8	-1
Revenues from commissions and fees	158.8	166.9	-5	472.2	472.4	-
Interest income	6.3	6.6	-5	25.2	31.4	-20
Other revenue	8.7	13.3	-35	25.3	28.4	-11
Total revenues	173.7	186.8	-7	522.6	532.1	-2
Earnings before interest and tax (EBIT)	30.0	30.5	-2	47.0	42.2	11
Earnings before tax (EBT)	30.1	29.0	4	47.1	39.7	19
Net profit	22.2	23.0	-3	34.1	27.2	25
Group net profit	21.6	26.5	-18	34.1	24.2	41
Private clients				774,500*	771,000**	-
Consultants				2,273	2,317**	-2

*) Adjustments in Q1 2010
**) 9/30/2010