The executive board of adesso AG decided to enter into customer-demanded negotiations about the premature termination of a contract regarding a major project due to opposing assessments of the status of the project and how to proceed. Although adesso to continue with the project in line with contracts, in the light of the specific circumstances this seems unlikely. The possible, immediate impact on earnings from the project termination is estimated between EUR 0.5 to 1.0 million and will have an impact in fiscal year 2013 through the precautionary devaluation of inventories.

The consequences regarding full year 2013 guidance for EBITDA of EUR 7.5 to 8.0 million can not be estimated before having preliminary consolidated figures at hand.