The Board of Directors of Topsil Semiconductor Materials A/S (Topsil) has today considered and adopted the interim report for the nine months ended 30 September 2008. Highlights of the interim report: Year to date The company generated a revenue of DKK 185.6m in the nine months ended 30 September 2008, a 39.5% increase from the DKK 133.1m in the year-earlier period. Operating profit was DKK 41.7m against DKK 38.8m last year. Profit before tax for the period was DKK 45.9m against a profit of DKK 35.6m in the year-earlier period. At 30 September 2008, the company's total assets amounted to DKK 238.3m. The equity ratio was 77%. The cash flow for the period was DKK 22.3m due to a positive cash flow from operations. 3rd quarter 2008 In the 3rd quarter of 2008, the company generated a revenue of DKK 57.8m and EBIT of DKK 11.3m against DKK 49.0m and DKK 12.6m, respectively, in the year-earlier period. Topsil has received the largest number of orders in the company's history from its primary customers for delivery in 2009. In July 2008, Topsil submitted a bid for the entire share capital of the Polish company Cemat Silicon S.A. The acquisition was completed in October 2008, with Topsil having signed agreements to buy 95.92% of the shares. Outlook As a result of the acquisition of Cemat Silicon, Topsil has revised its revenue forecast for 2008 to DKK 260-280m and a pre-tax profit forecast at a level of DKK 50-60m. Further information Please direct any questions regarding this announcement to: Jens Borelli-Kjær, Chairman, tel. +45 40 16 14 82 Keld Lindegaard Andersen, Managing Director, tel. +45 21 70 87 72 The full report is attached and/or can be downloaded from www.topsil.com