1. 060601_BPK_Charts_Presse.ppt 1 Check against delivery ALNO AG ANNUAL PRESS CONFERENCE June 12, 2006

2. 060601_BPK_Charts_Presse.ppt 2 EBT of the ALNO Group in € millions -5.6 5.4 7.0 -10.0 -5.0 0.0 5.0 10.0 2003 HGB2004 IFRS2005 IFRS 0.6  One-time exceptional charges from restructuring and legacy costs: € -6.4 mn pro forma: +29.6%

3. 060601_BPK_Charts_Presse.ppt 3 EBT of the ALNO Group in € millions 0.2 1.9 2.3 0.0 1.0 2.0 3.0 4.0 2003 HGB2004 IFRS2005 IFRS 1.5  Additional charges: - From restructuring and legacy costs € -0.6 mn - From allocations to provisions for legacy pensions € -1.0 mn pro forma: +21.1%

4. 060601_BPK_Charts_Presse.ppt 4 612.8 649.3 440.0 400.0 600.0 200320042005 Total consolidated turnover in € millions 652.8 pro forma: +0.5% -5.6 %  Pro forma adjustment: - Turnover lost from appliance business: € -21.6 mn - Turnover lost from Wellpac disposal:€ -10.9 mn - Turnover lost from business closures:€ -7.5 mn

5. 060601_BPK_Charts_Presse.ppt 5 Industry consolidation Number of companies Change 1997-2005: No. of providers: No. of employees: (1,000): -44 (-30.3%) -80 (-32.5%) 145 1997 139 1998 140 1999 138 2000 130 2001 112 2002 109 2003 Number of employees (1,000) 24.624.023.122.621.720.218.9 107 2004 17.0 101 2005 16.6 Domestic market performance 1997199819992000200120022003 Year-to-year market performance (%) 2004 2005 2.1 -4.1 -5.7 -10.7 -3.6 3.1 -1.9 -5.6 -5.9

6. 060601_BPK_Charts_Presse.ppt 6 Net turnover of ALNO AG (domestic) in € millions 95.7 121.7 129.8 0.0 50.0 100.0 200320042005  Success factors: - Systematic account management -Fully integrated retailer and consumer marketing system Product range development focused on design, functionality, user behavior and architecture +6.7%

7. 060601_BPK_Charts_Presse.ppt 7 Consolidated turnover (export) in € millions 118.7 172.7 182.9 0.0 100.0 200.0 200320042005  Success factors: - Product range policies - Market cultivation +5.9%

8. 060601_BPK_Charts_Presse.ppt 8 Total costs of the ALNO Group in € millions 667.4 648.3 621.9 0.0 250.0 500.0 2003 HGB2004 IFRS2005 IFRS  Since 2003, total costs have fallen -6.8%  Reasons for the drop in costs: -Efficiency enhancement and cost-cutting programs -Elimination of low-margin sales 462.1* ** * CASAWELL Group included for only 3 months ** Pro-forma comparison, CASAWELL Group included for 12 months -4.1%

9. 060601_BPK_Charts_Presse.ppt 9 2,917 2,755 2,664 0 1,000 2,000 200320042005 ALNO Group employees (annual average) -3.3%

10. 060601_BPK_Charts_Presse.ppt 10 23.8 39.5 36.6 0.0 20.0 40.0 2003 HGB2004 IFRS2005 IFRS  During the reporting period, the Group maintained the same high level established in 2004 despite significant exceptional items. EBITDA of the ALNO Group in € millions -7.3%

11. 060601_BPK_Charts_Presse.ppt 11 14.5 17.3 21.1 13.8 11.4 12.1 28.3 28.7 33.2 0.0 10.0 20.0 30.0 2003 HGB2004 IFRS2005 IFRS Investments of the ALNO Group in € millions Showroom kitchens Other * * Incl. CASAWELL goodwill +15.7%

12. 060601_BPK_Charts_Presse.ppt 12 8.8 27.4 16.3 0.0 10.0 20.0 30.0 200320042005 Changes in liquidity of the ALNO Group in € millions  € +4.5 mn more investment than previous year  € -11.2 mn change in loans (net)  € -3.7 million cash-reducing exceptional charges

13. 060601_BPK_Charts_Presse.ppt 13 255.3 271.8 267.0 100.0 200.0 300.0 2003 HGB2004 IFRS2005 IFRS  Material changes in balance sheet items: a) Assets: -Non-current assets increased by € +6.5 mn -Inventories reduced by € -2.6 mn -Receivables reduced by € -2.2 mn b) Liabilities: -Shareholders' funds increased by € +9.8 mn -Current liabilities reduced by € -12.9 mn Changes in total assets of the ALNO Group in € millions -1.8%

14. 060601_BPK_Charts_Presse.ppt 14 143.8 150.3 0.0 100.0 200.0 2004 IFRS2005 IFRS  Key drivers: -Investment in plant and equipment -Investment in showroom kitchens -Dubai presence Changes in non-current assets of the ALNO Group in € millions +4.5%

15. 060601_BPK_Charts_Presse.ppt 15 Shareholders' funds of the ALNO Group in € millions 19.1 31.2 41.0 0.0 20.0 40.0 60.0 2003 HGB2004 IFRS2005 IFRS  Shareholders' funds at the highest level in the past 4 years 21.8 HGB +31.4%

16. 060601_BPK_Charts_Presse.ppt 16 105.3 95.2 0.0 100.0 200.0 2004 IFRS2005 IFRS  Key drivers: -Net change in loans (€ -11.2 mn) -More draw-downs on CA line Changes in financial liabilities of the ALNO Group in € millions -9.6%

17. 060601_BPK_Charts_Presse.ppt 17 98.1 94.9 0.0 100.0 2004 IFRS2005 IFRS  Key drivers: -Operating factors Changes in other liabilities of the ALNO Group in € millions -3.3%

18. 060601_BPK_Charts_Presse.ppt 18 Review of fiscal 2005 for the ALNO Group  The ALNO Group generated € +0.6 million in EBT in 2005, producing a pre- tax profit for the second year in a row on the heels of many years of losses following the IPO.  Net profit includes extraordinary one-time charges and operating factors amounting to € -6.4 million.  Guidance 2005: EBT of € -2.0/+1.0 mn (before excep. items). Actual 2005: EBT of € +5.4 mn (before excep. items).  The ALNO Group instituted several initiatives under FUTURA to counteract external risks such as: cost increases in procurement markets, and fierce, price-driven competition in a contracting domestic market. The restructuring plan was continued at the same time.

19. 060601_BPK_Charts_Presse.ppt 19 Strategic and operational focuses in fiscal 2005  Shareholders' funds increased € +10.4 mn under the global authorization  Annual general meeting resolved to increase shareholders' funds with subscription rights (4.485 million shares)  Wellpac Möbelwerke GmbH removed from portfolio  Wellmann, Geba integrated and restructuring continued  Development of FUTURA III medium-term strategy  Innovative, fully integrated product range development  Construction of the first foreign production site in the ALNO Group's history in Dubai

20. 060601_BPK_Charts_Presse.ppt 20 Increase in value Increase shareholder value Profitability Widen margins Growth Increase market share Efficiency Optimize resource use FUTURA strategy program

21. 060601_BPK_Charts_Presse.ppt 21 Performance of the ALNO AG share (Frankfurt) in €  Share performance: Peak 2005:€ 8.10 YE 2005:€ 4.80 Current 2006:€ 5.70  Market capitalization: YE 2005:€ 50.3 mn YM 2002:€ 14.8 mn Growth in value 2005 vs. 2002:€ 35.5 mn 200420052006 3 4 5 6 7 8

22. 060601_BPK_Charts_Presse.ppt 22 -18.6 7.0 -24.0 -16.0 -8.0 0.0 8.0 16.0 20012005 Profitability performance of the ALNO Group in € millions pro forma: +137.6% 0.6 +103.2%

23. 060601_BPK_Charts_Presse.ppt 23 20.1% 33.9% 0.0% 20.0% 40.0% 20022005 Changes in relative growth/market share of the ALNO Group +68.7%

24. 060601_BPK_Charts_Presse.ppt 24 82.13 80.37 50.00 80.00 20032005 Cost efficiency performance of the ALNO Group (€/unit) -2.1% Cost of sales 36.25 33.69 0.00 10.00 20.00 30.00 40.00 20032005 Cost efficiency performance of the ALNO Group (€/unit) -7.1% Personnel costs

25. 060601_BPK_Charts_Presse.ppt 25 100.0% 117.0% 0.0% 40.0% 80.0% 120.0% 20032005 Changes in the efficiency of the ALNO Group (2003=100%) +17.0% Productivity Productivity: NT/EMP Program product range Revenues from sales 35% 75% 2002 Program product range Revenues from sales 69% 75% 2005 Changes in the efficiency of the ALNO Group Product range

26. 060601_BPK_Charts_Presse.ppt 26 Outlook for fiscal 2006 for the ALNO Group  Despite the general brightening of consumer sentiment and the apparent improvement in buying behavior, the 2006 financial year should be viewed with caution due to industry factors.  Like the previous year, 2006 is expected to be characterized by market- driven price increases in materials, personnel and transportation costs.  The ALNO Group's net profits for the first quarter of 2006 were higher than the targets and prior-year levels.  The ALNO Group is expecting 2006 net profits to be higher than 2005 levels as of year-end.

27. 060601_BPK_Charts_Presse.ppt 27 Inspired by life.