C.A.T. oil AG reports increased T/O - Profits for Q1 2006.

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the
leading providers of oilfield services in Russia and Kazakhstan which
has been listed on the Frankfurt Stock Exchange since May 4, 2006,
today released its results for the first quarter of 2006. As a result
of the continued high demand for its services C.A.T. oil again
achieved successful revenue growth and improved its earnings.

Despite the loss of an above-average number of workdays due to the very cold
winter, the company saw group sales grow 19.4% to EUR 37.6 million
(from: 31.5 million). The company’s EBITDA rose 45.2% to EUR
10.0 million (from: EUR 6.9 million). The EBIT increased
67.5% during the reporting period to EUR 8.0 million (previous year:
EUR 4.8 million), and the EBIT margin grew from 15.1% for the
previous year’s first quarter to 21.2%.