Kabel Deutschland reports subscriber numbers for fiscal year 2007/2008

Wednesday, April 16th, 2008
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Kabel Deutschland reports Internet and Phone growth accelerating to an all time high

Kabel Deutschland (KDG), Germany’s largest cable based TV, Internet and Phone product provider, announced today its subscriber and RGU numbers for the end of its fiscal year 2007/2008, March 31, 2008.

KDG increased its total number of RGUs by almost 230 thousand and served 10,573 thousand total RGUs on March 31, 2008. The average services taken by a customer increased to 1.2 compared to 1.1 in the previous year.

Kabel Anschluss RGUs were 8,980 thousand (thereof 837 thousand digital cable access RGUs) compared with 9,320 thousand in the previous year (thereof 514 thousand digital cable access RGUs). The majority of the subscriber losses are related to indirect customers served by level 4 operators.

Kabel Digital pay TV RGUs increased by 12.6% to 778 thousand at March 31, 2008 (692 thousand on March 31, 2007). The overall number of digital TV RGUs amounted to 1,675 thousand (1,206 thousand in the previous year). Including the Premiere subscribers in KDG’s footprint the digital TV penetration amounted to over 20%.

Kabel Deutschland GmbH, Unterfoehring - Subscribers and Revenue Generating Units

Kabel Internet and Phone RGUs increased by 127.9% to 754 thousand (thereof 361 thousand Phone RGUs) at March 31, 2008 from 331 thousand (thereof 152 thousand Phone RGUs) in the previous year. The Internet and Phone RGU numbers are generated from to 421 thousand subscribers resulting in a RGU / subscriber ratio of 1.79.

Premium services RGUs reached 23.0% of the Company’s overall RGU base compared to 14.9% in the previous year.

At the same time, KDG announces that EBITDA for the fiscal year 2007/2008 is expected to come out at least at the upper end of its guidance of € 440-445 million Additionally, the capex guidance is confirmed with approximately € 330 million for fiscal year 2007/2008.

The audited IFRS financials for KDG’s full fiscal year 2007/2008 ending March 31, 2008 will be released at the end of July 2008. On that occasion KDG will host a conference call.