Wire Card AG continues to post high growth in Q2 2005

Sales revenues doubled – three-fold increase in EBIT

Berlin/Munich, August 23, 2005. Wire Card AG, a leading software enterprise in the segment of electronic payment solutions, continued its dynamic growth of the first quarter in Q2 2005 1

Group sales revenues of Wire Card AG amounted to approx. 14 million euros in the second quarter of 2005, up by approx. 7 million euros year-on-year.

Compared with the previous-year period, the EBIT figure was boosted from approx. 0.6 million euros to approx. 1.9 million euros in the second quarter of 2005. This increase is attributable both to higher sales revenues and to improved profitability.

For instance, the EBIT margin rose from 7.8 per cent in the second quarter of 2004 to 13.7 per cent in the second quarter of 2005. In particular, the utilization of synergy effects and the disproportionately high share of revenues generated by higher-margin services such as CLICK2PAY led to improved profitability figures.

Dr. Markus Braun, Chairman of the Board of Management of Wire Card AG: "We once again managed to achieve our targeted growth in all Group segments, with our successful distribution efforts in the first quarter being reflected for the first time in higher sales revenues, as expected. At the same time, we managed to acquire numerous new customers both for the Wire Card ePayment platform and for CLICK2PAY – including such well-known enterprises as L'Tur, GTI Travel, Lastminute.de, the Swiss Ringier Gruppe and Victor Chandler. In extending our existing distribution organization and our network of partners in Germany and the United Kingdom and in creating new, dedicated distribution structures in France and Spain, Wire Card AG managed to lay solid foundations for future growth in the European core market."

The stock price of Wire Card shares reflects the Company's highly successful operating trends, rising by about twelve per cent in the second quarter of 2005, to 2.75 euros. On August 15, 2005, the stock price reached a new 52-week high of 3.05 euros, equivalent to an increase of more than 24 per cent compared with the price of April 1, 2005. The shares of Wire Card AG (ISIN DE007472060) are listed in the Prime Standard segment and on the CDax.

In order to be able to compare the current data with pre-year figures in spite of the changed corporate structure, "as-if" data are used below for 2004. Details of the figures published and of the “as-if” statements are available with immediate effect in the report on the second quarter of 2005, which is available now in English version for download at www.wirecard.com.

About Wire Card AG:

Wire Card AG is one of the leading European providers of payment systems, risk management and communications services. The Company provides customers with a wide range of payment options (credit card, direct debit, transfer, invoice, cash in advance, debit cards) along with CLICK2PAY as an alternative Internet payment system. The software platform is being used by more than 2,000 companies across the globe. (ISIN DE0007472060)

Press Release

Wire Card PR&IR office

Iris Stöckl

Bretonischer Ring 4

85630 Grasbrunn

Tel: +49 (0) 89 / 4424 2034

Fax: +49 (0) 89 / 4424 2100

Mail: iris.stoeckl@wirecard.com

Net: www.wirecard.de

www.click2pay.de

Kirchhoff Consult AG

Dr. Kay Baden

Tel: +49 (0) 40 / 609 186 39

Mail: baden@kirchhoff.de