Petro Welt Technologies AG

Top 5 customers placed new orders worth EUR 267 million Current volume surpasses prior-year order book by 20% First orders for new high-class conventional drilling rigs included Additional tenders expected as conventional drilling expansion continues

All-time-high in operating activity levels in Q3 and 9M 2011Revenue increase of 14.3% to EUR 74.7 million in Q3EBITDA up 13.8% yoy to EUR 18.9 million in Q3; strong EBITDA margin of 25.3%Outlook for FY2011 specified

Revenues boosted to EUR 135.0 million in H1Total job counts and revenues reached new quarterly high in Q2Significant upswing in sidetracking activities in Q2Healthy H1 EBITDA margin of 20.0% despite diversificationOutlook for FY2011 confirmed

C.A.T. oil successfully obtained new service orders Extension worth EUR 8.5 million to the existing contract was awarded by Rosneft to provide hydraulic fracturing services in West Siberia New three year contract with Lukoil worth EUR 61 million drives sidetrack drilling business

Total job count increased by 24.6% yoy to 770 jobsRevenues boosted by 29.4% yoy to EUR 61.0 millionBusiness expansion well on trackOutlook for FY2011 confirmed

FY2010 revenues of EUR 228.8 millionEBITDA increase of 24.5% - strong profitability with EBITDA margin of 24.7%Net profit increased from EUR 8.4 million to EUR 19.5 millionDividend proposal of EUR 0.10 per share

Strategic objective to leverage efficient sidetrack drilling platform and diversify into high-end conventional drilling services First conventional drilling tender awarded by Russneft Two new sidetrack drilling rigs already in operations