2. Operating result

After net current profit rose by around 10% for the third year in succession in 2008, WDP expects that the operating result could increase by 17% to EUR 33.6 million**. This estimate includes the sale and rent back operation with DHL and the capital increase of June 2009 and is given barring exceptional unfavourable developments in the current difficult economic market environment. As a result, net current earnings per share will amount to EUR 3.11, taking account of the 3.9 million new shares that were created in the first half-year.

** Outlook as published in the projects memorandum as part of the capital increase of 30 June 2009,in accordance with subsection 13.4, addendum I of Regulation 809/2004).