TELES Group Results 2010 and Notice of Loss according to Sec. 92 para. 1 German Stock Corporation Act (AktG)

Loss increases to half of Current Ordinary Share Capital

Adhoc Notification by TELES AG Informationstechnologien pursuant to Sect. 15 of the German Securities Trading Act (WpHG)

Berlin, October 27, 2011. Compared to the previous year, the group revenues decreased and the overall group result has deteriorated considerably. In addition to the anticipated operating loss, additional required impairments have caused these results. The Board of Directors notifies that, with drawing up the annual financial statements for the fiscal year 2010 in accordance with the German Commercial Code (HGB), a loss of more than half of the current ordinary share capital has occurred.

The General Meeting to be called subject to Sec. 92 para 1 of the German Stock Corporation Act (AktG) for notification of all shareholders of the losses will be combined with the Annual General Meeting 2011. The Board of Directors and Supervisory Board will propose a simplified reduction of capital for the purpose of covering the losses. The Annual General Meeting shall take place in Berlin on December 5, 2011.

The IFRS key data of TELES for 2010 can be summarized as follows*:

• Revenues: 16.0 Mio€ (20.2 Mio€, -20 %)
• Gross Profit: 1.1 Mio€ (8.5 Mio€, -87 %)
• EBITDA: -7.3 Mio€ (-5.7 Mio€, -28 %)
• EBIT: -14.7 Mio€ (-7.1 Mio€, -107 %)
• EBT: -14.7 Mio€ (-7.0 Mio€, -110 %)
• The equity ratio was at -56 % on December 31, 2010.

(*prior year figures in brackets)

The complete Annual Report 2010 as well as the invitation to the General Meeting will be published today on www.teles.de.

Prof. Dr.-Ing. Sigram Schindler
Chairman of the Board of Directors, TELES AG