2nd quarter 2010: Interhyp on growth path: Closed mortgage volume at a record high of 1.681 billion Euros

(Munich, 11th August 2010) Interhyp AG, Germany’s largest residential mortgage broker, continues its significant growth in the second quarter: The closed mortgage volume grew by 26 percent to a record high of 1.681 billion Euros (Q2 2009: EUR 1.337 billion). This corresponds with 10,754 closed mortgages and therewith a plus of 15 percent against the second quarter 2009 (9,378). Net revenues rose by 31.6 percent to 18.9 million Euros (Q2 2009: EUR 14.4 million). Earnings before interest and taxes (EBIT) grew to 3.9 million (Q2 2009: EUR 0.7 million), net income was at 2.5 million Euros (Q2 2009: EUR 0.5 million). The cumulated mortgage volume for the first half of 2010 with 3.021 billion Euros marked a record high, too.

"The results of Q2 with significant growth in all key figures back our business model impressively: With the offerings of far more than 250 lenders on our platform and a clear focus on our core competence mortgage consulting we have the best chances, to use and expand our position as Germany’s leading residential mortgage broker in the long run", explains Robert Haselsteiner, founder and Co-CEO of Interhyp AG, and adds: "As a proof, in the last quarter we expanded our market share in new residential mortgages in Germany to 3.86 percent."

About Interhyp

With EUR 5.2 billion in new residential mortgage volume in 2009, Interhyp is Germany's leading residential mortgage broker. Interhyp helps its costumers to find the suitable mortgage solution among more than 250 lenders. To do this, Interhyp combines the power of the internet with high quality mortgage advice from its more than 250 mortgage consultants. In addition to its direct channel, Interhyp offers face to face advice in its offices in Augsburg, Berlin, Bielefeld, Bremen, Cologne, Dortmund, Dusseldorf, Essen, Frankfurt, Hamburg, Hanover, Karlsruhe, Kempten, Leipzig, Mannheim, Munich, Nuremburg, Stuttgart and Wiesbaden.

Press contact

Christian Kraus

Executive Director

Head of Communications

Telephone +49-89-20 30 7 13 01

E-Mail: christian.kraus@interhyp.de