IFCO SYSTEMS Reports 2006 Results.

HOUSTON -- Consolidated revenues grew by 12.3% to US $647.2 million compared to prior year, while EBITDA decreased by 2.2% to US $96.3 million. The reduction was due to materially reduced productivity and profitability of our Pallet-Management-Services business segment, caused by the US Immigration and Customs Enforcement (ICE) investigation commencing April 19, 2006.

Although Pallet-Management-Services revenues grew by 7.6% to US $362.1 million in 2006 compared to 2005, Q4 2006 revenues in this business segment declined by 14.5% as compared to Q4 2005 primarily as a result of reduced production capacities following the ICE investigation. EBITDA declined in 2006 by 50.1% to US $17.0 million, primarily as a result of lower operational productivity after April 19, 2006. Non recurring legal costs in the amount of US $7.1 million related to the ICE investigation further impacted IFCO SYSTEMS' net profit in 2006 negatively.

IFCO SYSTEMSo worldwide RPC-Management-Services business was continuing its profitable growth path in Europe and the US in 2006. Revenues grew by 18.9% to US $285.1 million and EBITDA grew by 16.6% to US $83.8 million.

In line with Company's decrease in profitability, operating cash flows decreased by 3.2% to US $92.3 million in 2006.

Capital expenditures increased 20.7% to US $101.3 million, including the acquisition of the CHEP USA RPC assets in Q1 2006.

ROCE from continuing operations decreased to 18.4% in 2006. ROCE was negatively affected by our lower EBIT level, mainly caused by the accelerated depreciation of the CHEP USA RPC assets acquired during 2006, and the significant increase of our Capital Employed, primarily our RPC pool.

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IFCO SYSTEMSo RPC-Management-Services business will leverage its leadership position and strong market experience to continue to realize its market development plans. IFCO SYSTEMS continues to expect an increase in the overall RPC penetration in the market and expects to continue its growth path. The strong demand gives IFCO SYSTEMS confidence to continue to invest in its RPC pool during 2007.

The Pallet-Management-Services business was significantly affected by the business consequences of the ICE investigation in 2006. The recovery of this business segment to acceptable profitability levels will be the Company's main business target for 2007. In this business segment, IFCO SYSTEMS anticipates continuing year-over-year gains in business volume, although revenues earlier in 2007 are expected to be lower than the corresponding 2006 periods as the business continues to recover from the effects of the ICE investigation. IFCO SYSTEMS believes that the continued development of the National Sales program and the increasing range of value-added services will sustain the companyos existing leadership position within this segment.

IFCO SYSTEMS does not anticipate significant changes in its overall strategies in the near term and expects that the business development which has existed in recent years to remain in place during 2007.

IFCO SYSTEMS expects the economies in Western Europe to grow at a similar rate as experienced during 2006. Though some recent slowdown can be seen in the United States economy, IFCO SYSTEMS expects to outpace projected economic growth in 2007.

IFCO SYSTEMS believes that the above trends will result in increased revenues and operating profits during 2007 compared to 2006.

For further explanations please see IFCO SYSTEMSo annual report 2006, which will be filed with the Deutsche Borse AG on or about February 22, 2007, and will be available on the companyos website www.ifcosystems.com or www.ifcosystems.de.

This release contains forward-looking statements that reflect Management's current view with respect to future events. All statements contained in this release that are not clearly historical in nature or necessarily depend on future events are forward-looking. The words "anticipate", "believe", "expect", "estimate", "planned" and similar expressions are generally intended to identify forward-looking statements. These statements are based on current expectations, estimates and projections of the Management on currently available information. Many factors could cause the actual results, performance or achievements to be materially different from those that may be expressed or implied by such statements. We do not assume any obligation to update the forward-looking statements contained in this release.