Outlook

In view of the world economic environment which can be regarded as favorable, the Company is expecting the positive growth trend in its business to continue during the second half of fiscal 2005/2006. With this in mind, the Company is confident that it will be able to exceed its full-year growth targets budgeted to date. As a result, Wincor Nixdorf is increasing its growth forecasts for fiscal 2005/2006 to a 10% increase in net sales and a 15% rise in EBITA.

The overall growth will be underpinned by growth in both the banking and retail segments, with both segments benefiting from good product business and rising levels of services business. In regional terms, continuing good levels of business in Germany will produce important contributions to growth. In addition, rates of growth in excess of market performance are also expected in Asia and the Americas.