EANS-News: Further Record Year for P&I

7.2 Per Cent Sales Growth - EBIT Margin at 24.2 Per Cent - Proposed Dividend of 1.10 Euros

WIESBADEN, Germany, June 15, 2010 - The P&I Group recorded sales of 63.3 million euros in fiscal 2009/2010
(April 1 2009 to March 31, 2010) (previous year: 59.0 million euros) and
earnings before tax and interest (EBIT) of 15.3 million euros (previous year:
13.1 million euros). This represents an EBIT margin of 24.2 per cent
(previous year: 22.2 per cent). For the German Association of Financial
Analysts and Investment Consultants / Schmalenbach Society, DVFA/SG) earnings
after tax (EAT), the P&I group can announce a result of 10.9 million euros
(previous year: 9.0 million euros). Earnings per share for fiscal 2009/2010
are 1.45 euros as compared to the previous year's 1.17 euros. The P&I Group
employed an average of 334 employees (FTE, previous year: 306).

The Board of Directors of P&I Personal & Informatik AG intends to propose
a dividend distribution at the AGM to be held on September 1, 2010 that
amounts to 1.10 euros (previous year: 1.00 euro) per share. The dividend
represents approximately 83 per cent of P&I AG's annual profit for fiscal
2009/2010 (April 1, 2009 to March 31, 2010), which amounts to 10.0 million
euros.

The P&I Group increased its total sales by 7.2 per cent from 59.0 million
euros to 63.3 million euros, which means that we exceeded the target that we
set for ourselves. The sales growth recorded during the fiscal year just
ended was bolstered by a strong service business and growth in the high
profit maintenance business. "Addressing" our existing customers with
intelligent software upgrades and the intensification of the consulting
business with regard to improving our customer support were the significant
factors that contributed to this success.

Sales of 24.3 million euros were realised in the Maintenance business.
This shows a year-on-year increase of 3.2 million euros or 15 per cent and
represents a 38 per cent share of overall Group sales. The excellent
maintenance business is mainly the result of the successful licence sales
realised during the previous year. The acquisition-contingent maintenance
sales amounted to 0.9 million euros.

The service business also recorded double digit sales growth. P&I
recorded a 12 per cent or 2.2 million euros increase over the previous year
in the Consulting / SI business sector which grew to 21.3 million euros. This
corresponds to 34 per cent of the overall P&I Group sales. Shown here are
revenues, aside from those arising from introductory projects and from
ongoing support for existingcustomers, also from seminars and training
courses.

Overall licensing sales dropped back as expected due to a negative
one-off effect posted in the previous year. However, as a result of the
conclusion of a variety of small and medium sized projects the P&I Group was
only able to realise licence sales of 15.5 million euros, which corresponds
to a year-on-year decline of 10 per cent when compared to the previous year's
sales of 17.2 million euros. P&I realised domestic sales of 49.4 million
euros (previous year: 46.8 million euros) or 78 per cent of total sales, with
international sales of 13.9 million euros (previous year: 12.2 million
euros).

The operating result increased by 17 per cent to 15.3 million euros. The
P&I Group also instigated a policy of financial sustainability during the
ongoing crisis. Our commitment to long-term and continuous investment
continued to be implemented: Investments were made in further developing our
range of products, in customer satisfaction and in our employees. The P&I
Group realised ist business goals and we have also successfully maintained
our position, even in the current economic and financial crisis.

The Board of Directors are planning on a slight overall surge in sales
growth in the coming fiscal year as compared to the past year under review.
P&I will be aiming to realise sales growth of up to 10 per cent in the
licensing sector, which should be in the region of 16 to 17 million euros.
However, if enterprises cut back their investment budgets as a result of the
economic and financial crisis, this is likely to affect P&I's new business
negatively, particularly in licensing sales. We are aiming to maintain annual
sales in the Consulting sector at the previous year's level.

Our stable customer base has enabled the P&I Group to generate more than
38 per cent of sales through recurring maintenance services. Organic growth
potential of 5 per cent has been incorporated in our planning. Investment in
the Group's future has also been planned for the coming year. Further
technical software development, production of the new On-demand software
module, reinforcing the organisation, safeguarding our employees' expertise
as well as expanding the range of services provided to our customers are all
important planning components. The EBIT margin will therefore be maintained
at the high level that it has already reached.

P&I will continue to pursue its attractive dividend policy and pay out
dividends of at least 50 per cent of the net profit shown in the annual
financial statements of P&I Personal & Informatik AG. Due to the changed
basic conditions, the long-term (organic) goal of sales of around 80 million
euros, should now be realised by 2014, whereas the EBIT margin should also
grow towards 25 per cent.

"We have all worked very hard over the last six years: sales have
increased, costs have been kept under control and our Group has been
strengthened. The Group EBIT has increased in the meantime from 5.2 million
euros in fiscal 2004/2005 wiht an EBIT margin of 11.6 per cent to more than
15.3 million euros with an EBIT margin of 24.2 per cent", said Vasilios
Triadis, Chairman of the Board of P&I. "This success is based on our trading
principle of assuming responsibility for all of our business activities. Our
claim as a specialist provider of integrated HR management processes is that
we are the best there is."

Note:

The information concerning the balance sheet figures and other
information relating to fiscal 2009/2010 has been compiled by the Board of
Directors and has been granted an unqualified audit certificate by the
auditor. This information can be found in either the annual financial
statement or the consolidated financial statement. However, neither the
annual financial statement nor the consolidated financial statement has been
previously approved the company's Supervisory Board. Therefore the annual
financial statement and the consolidated financial statement have not yet
been published in accordance with section 325 HGB.

The P&I-Group in figures:

    |  Key figures   |     31.03.2010 |   31.03.2009 |  Change   | Change |
    |    acc. to IAS |     '000 euros |   '000 euros |'000 euros |      % |

    |Group sales     |         63,297 |       59,024 |   4,273      7.2 % |
    |EBITDA          |         18,148 |       15,369 |     2,779 | 18.1 % |
    |EBIT            |         15,337 |       13,098 |     2,239 | 17.1 % |
    |EBT             |         16,041 |       13,673 |     2,368 | 17.3 % |
    |Consolidated    |                |              |           |        |
    |result (DVFA/SG)|         10,878 |        8,966 |     1,912 | 21.3 % |
    |Return on Sales |         17.2 % |       15.2 % |       ./. |    ./. |
    |EPS (DVFA/SG)   |       EUR 1.45 |     EUR 1.17 |  EUR 0.28 | 21.3 % |
    |BQU *           |            334 |          306 |        28 |  9.3 % |
    |BQU **          |            333 |          315 |        18 |  5.7 % |
    | (ClosingDay)   |                |              |           |        |
    * Number of Employees in average period
    ** Average employment quotient in average period on closing day

Sales by business segments

    |             |1.04.-31.03.10  |01.04.-31.03.09  |01.04.-31.03.08 |
    |             |'000   |  Share |'000   |   Share |   '000 |Share  |
    |             |euro   |        |euro   |         |euro    |       |

    |Licences     |15,483 |   25 % |17,243 |    29 % |17,376  |  29 % |
    |Maintenance  |24,332 |   38 % |21,161 |    36 % |22,205  |  38 % |
    |Product sales|39,815 |   63 % |38,404 |    65 % |39,581  |  67 % |
    |Consulting   |21,350 |   34 % |19,101 |    32 % |18,457  |  31 % |
    |Other *      | 2,132 |    3 % | 1,519 |     3 % | 1,377  |   2 % |
    |Total        |63,297 |  100 % |59,024 |   100 % |59,415  | 100 % |

    * includes Third Party and ASP (Application Service Providing)

Sales by geograpic segments

    |              | 01.04.-31.03.10 | 1.04.-31.03.09 | 01.04.-31.03.08  |
    |              |  '000    |Share | '000    |Share |  '000    |Share  |
    |              |  euro    |      |  euro   |      |  euro    |       |
    |Germany       |   49,416 | 78 % |  46,816 | 79 % |   47,161 |  79 % |
    |Austria       |    7,462 | 12 % |   6,487 | 11 % |    4,535 |   8 % |
    International  |    6,419 | 10 % |   5,721 | 10 % |    7,719 |  13 % |
    |Total         |   63,297 |100 % |  59,024 |100 % |   59,415 | 100 % |

Find out more about P&I AG on the Internet: www.pi-ag.com

P&I Your Partner for integrated HR Solutions - (ISIN: DE 0006913403)

Almost 400 people - contributing their knowledge, their high level of
dedication and passion - make P&I the premium supplier of integrated software
solutions for human resources management. Regardless of whether it is
payroll, web-based personnel management or time management: the HR software
of P&I AG is cutting edge - with regard to technological as well as
functional attributes. In the meantime, the P&I LOGA payroll accounting
software is now utilised in thirteen European countries. With the P&I TIME
product, P&I now has a platform-independent and flexibly adaptable standard
software application for time management and is thus positioning an
attractive stand-alone product in the premium segment. Services such as
implementation, consulting, training and HR outsourcing additionally round
off the range of services that P&I offers.

P&I serves its customers through 6 branch offices in Germany and another
7 offices in other European countries, guaranteeing those customers
reliability and investment protection by means of its large investments in
product research and development. Leading international HR service providers
as well as computer centres rely on P&I as a product supplier, and over 3,000
direct customers successfully process their HR business using P&I solutions.
They all place their trust in the high level of expertise that P&I AG has in
the meantime amassed in the course of its more than 40 years of presence in
the market. P&I offers human resource management from one single source,
providing solutions that ensure its customers are well-prepared for the
future. P&I is stock exchange listed in the Prime Standard segment of the
Frankfurt Stock Exchange; in the business year 2009/2010 it achieved a
turnover of 63.3 million euros.

    Further inquiry note:
    Andreas Granderath
    Telefon: +49(0)611-7147-267
    E-Mail: agranderath@pi-ag.com

    Press contact:
    P&I Personal & Informatik AG
    Andreas Granderath / Investor Relations
    Kreuzberger Ring 56
    D - 65205 Wiesbaden
    Tel.: +49(0)611-7147-267
    Fax: +49(0)611-7147-367
    E-Mail: aktie@pi-ag.com

Further inquiry note: Andreas Granderath, Telefon: +49(0)611-7147-267, E-Mail: agranderath at pi-ag.com; Press contact: P&I Personal & Informatik AG, Andreas Granderath / Investor Relations, Kreuzberger Ring 56, D - 65205 Wiesbaden, Tel.: +49(0)611-7147-267, Fax: +49(0)611-7147-367, E-Mail: aktie at pi-ag.com