Quarterly Financial report

Quarterly Financial report Q1 2007/2008 Technology AG Steinbeisstraße 2-5 D-72510 Stetten a. k. M. Germany Phone: +49 75 73 / 9 52-0 Fax: +49 75 73 / 9 20 34 info@.de www..eu Integrated Security Technology

at a glance Q1 FY 2007/2008 Q1 FY 2006/2007 Headquartered in Stetten am kalten Markt, Germany, Technology AG is an internationally operating supplier of innovative software and hardware-based systems for access control, time recording and integrated security technology. From development and planning to production, installation, implementation and all related services, provides one-stop-shopping solutions for more than 5,000 customers around the world. With twelve years of experience, has established itself as one of the technology and innovation leaders in growth markets for access control and time recording systems, as well as integrated security technology. Our aim is to enable our customers to boost security standards and increase efficiency in HR allocation and facility management by deploying technology. Customers can choose either a combination of individual modules tailored to specific requirements or to integrate technology into existing IT systems via standardized interfaces, as well as global networking of all system components. Revenues 15,185 14,332 6% Total revenues 15,786 15,091 5% EBITDA 3,066 3,000 2% EBITDA as % of total revenues 19.4% 19.9% -2% EBIT 1,942 2,053-5% EBIT as % of total revenues 12.3% 13.6% -10% Consolidated net income 1,236 1,207 2% Consolidated net income as % of total 7.8% 8.0% -2% Gross cash flow 2,036 2,558-20% Corporate bodies Executive Committee Heinz Roth, Engineer (University of Applied Sciences), Bodman-Ludwigshafen (Chairman & CEO) Thomas Bredehorn, Executive, Algermissen Roland Schmider, Engineer, Albstadt-Ebingen Supervisory Board Prof. Dr. Dr. h.c. mult. Johann Loehn, Physicist, Waldkirch-Suggental (Chairman) Leo Benz, Engineer, Munich (Deputy Chairman) Rolf Beck, Lawyer, Tuebingen Konrad Haussmann, Retired bank director, Tuttlingen Dr. Willi Merkel, Lawyer, Albstadt-Ebingen Dr. Franz Wilhelm Hopp, Dip.Kfm (MBA), Duesseldorf 31.12.2007 30.09.2007 31.12.2006 Order book 27,784 30,098 30,110 Total assets 69,951 68,052 62,779 Net borrowing -16,944-19,972-12,658 Shareholders' equity 29,436 28,502 27,851 Headcount 397 402 379 Company Calendar 9th May 2008 15th May 2008 19th August 2008 Annual General Meeting Publication of the Half Yearly Financial Report Publication of the Quarterly Financial Report 2 Q1 07/08 Q1 07/08 3

Interim Management Report As at 31 December 2007 1. Report on earnings, assets, liabilities and financial position The earnings figures presented in the consolidated income statement have been significantly impacted by the incorporation of Jans Sicherheitssysteme GmbH for the first time in the current quarter. Because the acquisition took place on 23 May 2007, Jans Sicherheitssysteme GmbH was not included in the scope of consolidation in the same period last year. Jans Sicherheitssysteme GmbH was included in the quarterly financial report as at 31 December 2007 according to IFRS 3.62 based on provisional figures. 1.1 Results of operations The results of operations of the Group in the current quarter and the same quarter last year were materially affected by some special transactions, which are outlined below. 1.1.1 s in earnings (total revenues and other operating income) Earnings compared to the prior year were materially affected by the incorporation of Jans Sicherheitssysteme GmbH for the first time. absolute relative Revenues 15,185 14,332 853 6.0% Inventory build-up 142 11 131 1,190.9% Other own work capitalized 459 748-289 -38.6% Total revenues 15,786 15,091 695 4.6% Other operating income 247 225 22 9.8% 4 Q1 07/08 Q1 07/08 5

The impacts on earnings resulting from the first-time incorporation of Jans Sicherheitssysteme GmbH are as follows: The impacts on expenses resulting from the first-time incorporation of Jans Sicherheitssysteme GmbH are as follows: Total Jans Old" absolute relative Total Jans Old absolute relative Revenues 15,185 1,760 13,425 14,332-907 -6.3% Inventory build-up 142 0 142 11 131 1,190.9% Other own work capitalized 459 0 459 748-289 -38.6% Total revenues 15,786 1,760 14,026 15,091-1,065-7.1% Costs of materials 4,585 926 3,659 4,017-358 -8.9% Personnel expenses 5,795 345 5,450 5,734-284 -5.0% Depreciation and amortization 1,124 111 1,013 946 67 7.1% Other operating expenses 2,587 234 2,353 2,566-213 -8.3% Other operating income 247 20 227 225 2 0.9% The change in revenues under Old can largely be attributed to Technology AG ( -597k), the GET Group ( -413k) and SAS ( +109k). Other own work capitalized relates almost exclusively to the capitalization of development expenses for new software and hardware. Inventory build-up is mainly attributable to hardware produced internally that was not yet assigned to specific projects at the balance sheet date. The majority of other operating expenses result from offset benefits in kind. 1.1.2 Expenses Expenses compared to the prior year were materially affected by the incorporation of Jans Sicherheitssysteme GmbH for the first time. absolute relative Costs of materials 4,585 4,017 568 14.1% Personnel expenses 5,795 5,734 61 1.1% Depreciation and amortization 1,124 946 178 18.8% The cost of materials ratio (costs of materials / total revenues) increased from 26.6% in the same quarter last year to 29.0% in the current quarter. This change can be attributed in particular to the inclusion of Jans Sicherheitssysteme GmbH for the first time as it has a cost of materials ratio of 52.6%. Eliminating the effects of including Jans Sicherheitssysteme GmbH for the first time would see the cost of materials ratio down slightly at 26.1%. The personnel cost ratio (personnel expenses / total revenues) declined from 38.0% in the same quarter last year to 36.7% in the current quarter. This change can be attributed in particular to the inclusion of Jans Sicherheitssysteme GmbH for the first time as it has a personnel cost ratio of 19.6%. Eliminating the effects of including Jans Sicherheitssysteme GmbH for the first time would see the personnel cost ratio up slightly at 38.9%. The amortization ratio (depreciation and amortization / total revenues) increased from 6.3% in the same quarter last year to 7.1% in the current quarter. The rise in depreciation and amortization can mainly be attributed to the increase in amortization on capitalized development costs, plus additional amortization arising from the provisional purchase price allocation for Jans Sicherheitssysteme GmbH. Value allowances (impairment) relating to property, plant and equipment and intangible assets (including goodwill) were not required in the quarter under review or the same period last year. Other operating expenses in relation to total revenues decreased from 17.0% in the same quarter last year to 16.4% in the current quarter. The first-time inclusion of Jans Sicherheitssysteme GmbH with a rate of 13.3% had a mildly positive impact on this fall. Eliminating the effects of including Jans Sicherheitssysteme GmbH for the first time would see this rate slightly below the level of the same quarter last year at 16.8%. Other operating expenses 2,587 2,566 21 0.8% 6 Q1 07/08 Q1 07/08 7

1.1.3 EBITDA and EBIT 1.1.4 Earnings before tax (EBT) The key figures of EBITDA and EBIT, which are two of the factors used to control the activities of the Group, were as follows in the quarter under review and the same period last year: In addition to the effects described above, earnings before tax were significantly impacted by a sharp fall in the non-operating result as a result of acquisitions. absolute relative EBITDA 3,066 3,000 66 2.2% EBIT 1,942 2,053-111 -5.4% Compared to the prior year, these key figures were affected by the first-time incorporation of Jans Sicherheitssysteme GmbH. The impacts on these key figures resulting from the first-time incorporation of Jans Sicherheitssysteme GmbH are as follows: absolute relative EBIT 1,942 2,053-111 -5.4% Non-operating result -312-175 -137 78.3% Earnings before tax 1,630 1,878-248 -13.2% Financial expenditure results almost exclusively from liabilities to banks. This has risen considerably due to further borrowing for the acquisition of Jans Sicherheitssysteme GmbH. Total Jans Old absolute relative Rates of exchange continue to have an immaterial impact within the Group as accounts receivable and payable are almost completely in euros. EBITDA 3,066 274 2,792 3,000-208 -6.9% EBIT 1,942 163 1,779 2,053-274 -13.3% The fall in EBITDA and EBIT under Old is a consequence of lower total revenues compared to the same quarter last year. The EBITDA and EBIT margins on total revenues changed as follows: 1.1.5 Income taxes The tax expense in the current quarter amounts to 395k compared to 672k in the same period last year. This equates to an income tax rate of 24.2% compared to 35.8% in the same quarter last year. This significant drop in the income tax rate mainly results from lower tax rates in Germany in the current fiscal year as a result of the corporate tax reform act ( Unternehmenssteuerreformgesetz ). 1.1.6 Income after taxes Total Jans Old Income after taxes improved slightly in the current quarter from 1,207k to 1,236k due to significantly lower tax expense. Earnings per share (basic and diluted) remained unchanged at 0.22. EBITDA margin 19.4% 15.6% 19.9% 19.9% EBIT margin 12.3% 9.2% 12.7% 13.6% 8 Q1 07/08 Q1 07/08 9

1.2 Assets and liabilities 1.3 Financial position At the balance sheet dates of 31 December 2007 and 31 September 2007, Jans Sicherheitssysteme GmbH was included in the consolidated financial statements according to IFRS 3.62 based on provisional figures. These figures form the basis of the following reporting. Operating activities Cash flow from operating activities fell in Q1 2007/2008 compared to the same period last year from 2.3 million euros to 2.0 million euros, largely due to increased working capital caused by growth. s in assets and liabilities as at the quarterly balance sheet date of 31 December 2007 compared to 30 September 2007 mainly relate to the following balance sheet items: The rise in total assets from 68.1 million euros to 70.0 million euros can largely be attributed to the rise in inventories, receivables from construction contracts and trade accounts receivable. These increased from 26.6 million euros as at 30 September 2007 to 28.5 million euros. This rise resulted mainly from higher total revenues. Intangible assets were virtually unchanged at 29.3 million euros compared to 29.4 million euros as at 30 September 2007. These amounted to 41.9% of total assets (against 43.2% of total assets as at 30 September 2007). Intangible assets include 12.6 million euros relating to goodwill. Provisional goodwill from the acquisition of Jans Sicherheitssysteme GmbH according to IFRS 3.62 amounted to 3.4 million euros. Property, plant and equipment fell from 8.4 million euros to 5.3 million euros as at 31 December 2007, primarily due to the sale of the property from which GET N.V in Malle/Belgium conducts its operations. Accordingly, cash and cash equivalents increased from 1.5 million euros to 4.8 million euros as at 31 December 2007. Non-current financial debts were reduced from 16.5 million euros to 15.3 million euros as at 31 December 2007, mainly due to cash outflow for a loan related to the property disposed of in Malle/Belgium. In contrast, current financial debts rose from 4.9 million euros to 6.5 million euros as at 31 December 2007 due to increased working capital. Net financial liabilities (financial liabilities less cash and cash equivalents) were reduced from 20.0 million euros to 16.9 million euros as at 31 December 2007. The shareholders equity ratio for the Group went up from 41.9% to 42.1% as at 31 December 2007 despite the share buyback to the amount of 0.3 million euros. Investment activities In Q1 2007/2008, cash flow from investment activities was clearly positive in net terms at 1.3 million euros. The positive cash flow from investment activities resulted exclusively from the sale of the property in Malle/ Belgium where the sales proceeds were 3.1 million euros. In connection with these in-payments at GET N.V., at Technology AG payouts of 0.9 million euros were incurred as a result of residual purchase price payments for shares in GET N.V. As in the comparative period for the prior year, the majority of other investment expenditure relates to capitalized development expenses. In the same quarter last year cash flow from investment activities was -1.3 million euros. Financing activities The negative cash flow from financing activities resulted from the repayment of the loan associated with the property disposed of in Malle/Belgium to the amount of 1.4 million euros, as well as the repurchase of treasury shares to the amount of 0.3 million euros. A 1.9 million euro increase in bank overdrafts relating to the balance sheet date contributed to the overall rise in cash and cash equivalents by 3.4 million euros to 4.8 million euros as at 31 December 2007. Other than cash and cash equivalents still available as at 31 December 2007, Technology AG and each of its subsidiaries has access to lines of credit totalling 16.0 million euros, of which 5.7 million euros had been drawn upon at the balance sheet date. There was therefore sufficient financial leeway to cover our needs. As a rule, lines of credit have a term of one year and a variable rate of interest. When assessing the financial position, it must be taken into account that as a result of the sale of the property in Malle/Belgium, GET N.V. has entered into commitments of 225k p.a. plus a fixed inflation index of 1.5% p.a. through a nine-year leaseback agreement. As it increasingly performs a holding function, Technology AG adopts a central role for its subsidiaries in the area of finances in particular. By centralizing liquidity planning, Technology AG is able to optimize cash flows within the Group in terms of interest rate, currency and tax aspects both for the individual companies and itself, depending on borrowing requirements. 10 Q1 07/08 Q1 07/08 11

1.4 Overall view presented by earnings, assets, liabilities and the financial position 3. Opportunity and risk report The results of operations of the Group in Q1 2007/2008 were satisfactory. With a shareholders equity ratio of 42.1% as at 31 December 2007, the balance sheet structure continues to be solid. Based on positive operating cash flow and available lines of credit, the financial position of Technology AG as well as the Group was adequate at all times to provide the necessary financial scope. The key opportunities and risks associated with the expected development of the Group in the remaining nine months of fiscal 2007/2008 are largely unchanged compared to the presentation in the consolidated management report as at 30 September 2007. s in our appraisal compared to the consolidated management report are presented below: 2. Report on forecasts and other statements on expected developments For the current fiscal year 2007/2008, the Executive Committee of Technology AG is unaware of any new findings that would indicate that the key forecasts and other statements on expected developments within the Group made in the last consolidated management report for the fiscal year have changed significantly. s in our appraisal compared to the consolidated management report are presented below: Economic development Based on growth forecasts, which the German federal government and major economic institutes have revised downwards as a result of the current crisis in the financial markets, we anticipate slightly weaker growth in Germany and Europe in the current fiscal year 2007/2008. The extent to which this will be reflected on the growth in our industry cannot be quantified at the present time. Sales and changes in total revenues Based on the anticipated general development of the economy and industry, we still broadly expect to grow with the market. Sales and total revenues in Q1 of this fiscal year were in line with our expectations. The Group s order book in to the amount of 27.8 million euros as at 31 December 2007, has decreased by 2.3 million euros compared to the order book of 30.1 million euros as at 31 September 2007. Earnings The figures for EBITDA, EBIT, EBT and income after taxes were in line with our expectations. Macroeconomic risks Please refer to the details provided in section 2 on economic developments, in relation to the effects of the subprime mortgage crisis in the financial markets and its impacts on the global economy and therefore the industry for access control, time recording and integrated security technology. Asset risks Due to the fall in the share price of Technology AG compared to the balance sheet date as at 30 September 2007, we performed an impairment test at the quarterly balance sheet date of 31 December 2007, in accordance with IAS 38.108 (b) in conjunction with IAS 36.10 and IAS 36.12 (d) on the goodwill of the cash-generating units (domestic CGU, Belgium and France). The outcome of the impairment test was that the recoverable amount (value in use) of the cash-generating units was above the respective carrying amount. There was therefore no need for devaluation. Assessment of overall risk We believe that the overall risk to which the Group is exposed remains comparatively moderate given the solid assets, liabilities and financial position. 4. Report on significant transactions with related companies and persons There were no significant transactions with related companies and persons in Q1 of fiscal year 2007/2008 or the comparative period for the prior year which had a significant impact on the company s earnings, financial position or assets and liabilities during this period. Stetten am kalten Markt February 2008 The Executive Committee 12 Q1 07/08 Q1 07/08 13

Consolidated income statement From 1 October 2007 to 31 December 2007, according to IFRS in Q1 2007/2008 Q1 2006/2007 Revenues 15,185,345 14,332,399 s in inventory 141,497 10,751 Other own work capitalized 458,776 748,336 Total revenues 15,785,618 15,091,486 Other operating income 247,028 224,876 Costs of materials 4,584,974 4,016,797 Personnel expenses 5,794,732 5,734,340 Depreciation and amortization 1,123,649 946.402 Other operating expenses 2,587,054 2,565,574 Operating result (EBIT) 1,942,237 2,053,249 Non-operating result -311,649-174,813 Thereof: Income from financial assets accounted for under the equity method 11,857 37,003 Earnings before tax 1,630,588 1,878,436 Income taxes 395,031 671,690 Income after taxes 1,235,557 1,206,746 Thereof: Net income attributable to minority interests 0-617 Income attributable to shareholders of Technology AG (consolidated net income) 1,235,557 1,207,363 Earnings per share (basic and diluted) 0.22 0.22 14 Q1 07/08 Q1 07/08 15

Consolidated balance sheet As at 31 December 2007, in according to IFRS Assets in 30/09/2007 Equity and liabilities 30/09/2007 Non-current assets Intangible assets 29,304,000 29,409,331 Property, plant and equipment 5,329,420 8,360,401 Financial assets accounted for under the equity method 92,836 80,929 Other financial assets 78,733 100,621 Deferred tax assets 129,175 129,591 Total non-current assets 34,934,164 38,080,873 Current assets Inventories 6,140,055 5,663,889 Receivables from construction contracts 8,444,818 8,178,606 Trade accounts receivable 13,923,656 12.757.828 Other accounts receivable and other assets 1,164,664 1,070,198 Claims for tax refunds 130,440 166,640 Other financial assets 397,938 673,277 Cash and cash equivalents 4,815,133 1,460,920 Total current assets 35,016,704 29,971,358 Total assets 69,950,868 68,052,231 Equity attributable to shareholders of Technology AG Share capital 5,550,000 5,550,000 Capital reserves 18,115,605 18,115,605 Retained earnings 6,078,337 4,842,780 Other cumulated equity -6,336-6,009 Treasury shares -301,576 Minority interests Total equity 29,436,030 28,502,376 Non-current liabilities Long-term accrued liabilities 451,178 444,295 Non-current financial debts 15,272,221 16,540,530 Deferred tax liabilities 3,306,859 3,583,617 Total non-current liabilities 19,030,258 20,568,442 Current liabilities Current accruals 155,380 191,026 Current financial debts 6,487,244 4,892,351 Liabilities from construction contracts 160,568 238,533 Trade accounts payable 4,365,534 3,655,082 Tax liabilities 1,813,316 1,209,607 Other liabilities 8,502,538 8,794,814 Total current liabilities 21,484,580 18,981,413 Total liabilities 40,514,838 39,549,855 Total equity and liabilities 69,950,868 68,052,231 16 Q1 07/08 Q1 07/08 17

Statement of changes in shareholders' equity According to IFRS in Share capital AG Capital reserves Retained earnings Other cumulated equity Treasury shares Group shares Shares of other shareholders Total As at 30/09/2006 5,550,000 18,115,605 2,975,194 Income after taxes 1,207,362 Other cumulated equity Other changes recognized directly in equity As at 5,550,000 18,115,605 4,182,556-4,398 26,636,401 9,811 26,646,212 1,207,362-618 1,206,744-1,982-1,982-1,982-12 -12-6,380 27,841,781 9,181 27,850,962 As at 30/09/2007 5,550,000 18,115,605 4,842,780 Income after taxes 1,235,557 Other cumulated equity Repurchase of treasury shares As at 5,550,000 18,115,605 6,078,337-6,009 28,502,376 28,502,376 1,235,557 1,235,557-327 -327-327 -301,576-301,576-301,576-6,336-301,576 29,436,030 29,436,030 18 Q1 07/08 Q1 07/08 19

Consolidated cash flow statement From 1 October 2007 to 31 December 2007, according to IFRS in Q1 2007/2008 Q1 2006/2007 Income after taxes 1,235,557 1,206,746 Depreciation and amortization 1,123,649 946,402 in non-current accrued liabilities 6,883 in deferred taxes -276,342 456,607 Result from disposal of non-current assets -41,242-11,262 Result from using equity method -11,907-35,021 Other non-cash expenses/income -377 Foreign exchange translation differences 50-5,690 Gross cash flow 2,036,271 2,557,782 in current accrued liabilities -35,646 44,824 in inventories -476,166-169,592 in receivables from construction contracts -266,212-39,184 in working capital Assets -948,754-695,508 Liabilities 1,735,221 581,301 Cash flow from operating activities 2,044,714 2,279,623 Intangible assets/property, plant and equipment Capital expenditure -949,825-1,270,474 Cash inflow from disposal of assets 3,153,295 17,677 Use of provisions for purchase costs of business combinations according to IFRS 3 791,300 Business combinations less acquired cash according to IFRS 3-127,678 Cash flow from investment activities 1,284,492-1,252,797 Purchase of treasury shares -301,576 Cash inflow from financial debts 127,260 5,017,839 Cash outflow from debt repayment -1,749,524-261,747 Cash flow from financing activities -1,923,840 4,756,092 Net change in cash and cash equivalents 1,405,366 5,782,918 in bank overdraft 1,948,847-5,500,728 Total change in cash and cash equivalents 3,354,213 282,190 Cash and cash equivalents at beginning of period 1,460,920 3,669,329 Cash and cash equivalents at end of period 4,815,133 3,951,519 Income tax paid 86,922 334,714 Income tax refunded Interest paid 298,671 236,701 Interest received 10,324 22,378 20 Q1 07/08 Q1 07/08 21

Selected explanatory notes 1. General information The present interim financial statements as at 31 December 2007 have been prepared in compliance with the requirements of IAS 34. The interim financial statements have been prepared in euros ( ). 3. Scope of consolidation The scope of consolidation is unchanged compared to the consolidated financial statements as at 30 September 2007. In addition to Technology AG as the parent company, the following companies are included in the interim financial statements: Pursuant to IAS 34 Interim Financial Reporting, the present interim financial statements contain a consolidated income statement, consolidated balance sheet, consolidated cash flow statement, consolidated statement of changes in shareholders equity and selected explanatory notes. In accordance with IAS 34.16, material information is disclosed in the selected explanatory notes or elsewhere in the interim financial statements. The preparation of interim financial statements according to IAS 34 requires assumptions and estimates to be made which affect the reported assets and liabilities, contingent liabilities and other financial obligations as at the balance sheet date, as well as disclosure of income and expenses during the reporting period. Actual figures may deviate from these estimates. Due to expansion following the completion of the acquisition of Jans Sicherheitssysteme GmbH (Ludwigsburg/Germany) on 23 May 2007, the income statement figures provide only limited comparability with the prior-year figures. The Executive Committee is confident that the present interim financial statements give a true and fair picture of the assets, liabilities, financial position and earnings of the Group. 2. Accounting policies The accounting policies applied are consistent with those applied in the consolidated financial statements as at 30 September 2007. Shareholding as at Company and headquarters 30/09/2007 Direct participations: SAS (formerly: TECHNOLOGIE SAS), Boulogne-Billancourt, France 100.00 % 100.00 % 100.00 % Technology GmbH, Graz, Austria 51.00 % 51.00 % 51.00 % Staedtler GmbH, Nuremberg, Germany 0.00 % 0.00 % *1 100.00 % GmbH, Stetten am kalten Markt, Germany 100.00 % 100.00 % 100.00 % Digitek S.L.U., Barcelona, Spain 100.00 % 100.00 % 100.00 % General Engineering & Technology N.V., Malle, Belgium 100.00 % 100.00 % 100.00 % Jans Sicherheitssysteme GmbH, Ludwigsburg, Germany 100.00 % 100.00 % 0.00 % AG, Tuggen, Switzerland 26.00 % *3 26.00 % 26.00 % SFK Networkservice GmbH, Roemhild, Germany 15.00 % *4 15.00 % 15.00 % Indirect participations: Nisus N.V., Herentals, Belgium 100.00 % *2 100.00 % 100.00 % GET Nederland B.V., Amsterdam, Netherlands 100.00 % *2 100.00 % 100.00 % Dataget SAS, Tourcoing Cedex, France 100.00 % *2 100.00 % 100.00 % * 1 Fusion into Technology AG in fiscal year 2006/2007 * 2 Wholly-owned subsidiary of General Engineering & Technology N.V., Belgium * 3 At equity * 4 At cost 22 Q1 07/08 Q1 07/08 23

Impacts of business combinations Jans Sicherheitssysteme GmbH On 23 May 2007 Technology AG acquired 100% of the shares in Jans Sicherheitssysteme GmbH, Ludwigsburg/Germany. Jans Sicherheitssysteme GmbH was incorporated into the consolidated financial statements from 23 May 2007. The provisional purchase price for the acquired company totalled 5,000k. This purchase price was paid in cash and may increase or decrease by a variable profit-related payment of not more than 500k. The ancillary acquisition costs incurred to 31 December 2007 amounted to 241k. At the time of publishing these interim financial statements, the final purchase price, and therefore the costs of purchasing the business, was not yet finalized. In addition, the collection of data for the purpose of identifying and valuing the assets, liabilities and contingent liabilities had not yet been completed. In this respect, and pursuant to IFRS 3.62, first-time accounting of the business combination could be determined only provisionally at the end of the interim period. The business combination has been capitalized in these interim financial statements based on the following provisional figures: Non-current assets Carrying amounts Fair value Intangible assets 9 1.808 Property, plant and equipment 164 164 Current assets Inventories 40 40 Receivables from construction contracts 969 969 Trade accounts receivable 493 493 Other accounts receivable and other assets 267 267 Cash and cash equivalents 891 891 Liabilities The goodwill to be expected following the purchase price allocation reflects the anticipated future synergy effects arising from the business combination, as well as the expertise of the employees at Jans Sicherheitssysteme GmbH in the field of security technology and strategic considerations with regard to market diversification. During the interim period from 1 October 2007 to 31 December 2007, Jans Sicherheitssysteme GmbH achieved revenues of 1,760k and earnings (EBIT) of 163k, which, after amortization resulting from the provisional purchase price allocation (IFRS 3.62) amounted to 90k. GET Group On 28 December 2007, GET N.V. Malle/Belgium sold the property from which it conducts its operations to the former owner of the GET Group. This sale was related to the original business combination. It resulted in an additional purchase price payment of 919k, which was paid in cash. Of these subsequent purchase costs, 791k was already recognized under other liabilities as at 30 September 2007. The difference of 128k led to an increase in goodwill in this quarter. The selling price for the property was 3,140k. Also paid in cash, the sale resulted in a book profit of 28k that was recognized under other operating income. The property shall be leased back by GET N.V. on a nine-year lease. 4. Segment revenues and net segment income Segment information is consistent with reporting at 30 September 2007. Predominartly the Group is managed by geographic segment. It is divided into the segments Germany and Western Europe. In terms of segment revenues for the period from 1 October 2007 to 31 December 2007, the amount of 10,025k relates to Germany and 5,160k relates to Western Europe. In the same period last year, Germany generated segment revenues of 8,862k while Western Europe generated 5,470k. In terms of net segment income/ebit for the period from 1 October 2007 to 31 December 2007, the amount of 1,497k relates to Germany and 445k relates to Western Europe. In the same quarter last year, Germany generated net segment income/ebit of 1,356k while Western Europe generated 697k. Provisions 699 699 Financial liabilities 105 105 Trade accounts payable 392 392 Other liabilities 408 408 Deferred taxes 57 731 24 Q1 07/08 Q1 07/08 25

5. Non-operating result The non-operating result comprised the following: k k Share of income accounted for under the equity method 12 37 Interest and similar income 12 29 Interest and similar expenses -336-241 -312-175 6. Earnings per share Earnings per share are calculated by dividing the income attributable to the shareholders of Technology AG after taxes (consolidated net income) by the average number of shares outstanding during the period. Using the authorization granted by the Annual General Meeting of 2 March 2007, on 21 November 2007 the Company acquired a total of 60,000 treasury shares (corresponding to 1.08% of the capital stock) for an average price (including ancillary acquisition costs) of 5.03. The amount spent was 302k and reduces Group equity. Income attributable to shareholders of Technology AG (consolidated net income) in 1,235,557 1,207,362 Average number of shares outstanding 5,523,261 5,550,000 Earnings per share in (basic and diluted) 0.22 0.22 7. Events after the reporting period On 31 January 2008, the Executive Committee of Technology AG resolved to make use of the authorization granted by the Annual General Meeting in March 2007 to carry out a share buyback. This decision sees the purchase of a further 100,000 treasury shares via the stock exchange while observing the price limits outlined in the purchase authorization. The purpose of the purchase is to allow the Company to use the shares as a means of payment as part of its corporate expansion strategy. 26 Q1 07/08 Q1 07/08 27