euro adhoc: AvW Invest AG / Mergers - Acquisitions - Takeovers / Takeover at D+S Europe

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Company Information

16.04.2008

By selling our SDax noted E-Commerce-Company D+S Europe (DSJG.DE)
stake to another investment company Apax, profits of around EUR 5
million were generated for AvW INVEST AG, and of more than EUR 10
million for the AvW Group. The stake that was sold amounts 5 Percent.
Within the AvW Group, there is now a total of around EUR 40 available
for new investments. The performance of the D+S share was highly
volatile in 2008. At EUR 13, the share hit its lowest point on 22
January 2008. The price used as a basis for the offer is therefore
reasonable and appropriate. According to CEO Auer von Welsbach, the
absolute secrecy of the deal must be emphasised as well. The parties
to the transaction will keep the purchase price confidential.

Due to the positive performance of small caps in Austria and Germany,
takeovers are particularly interesting in 2008. In the first quarter,
AvW INVEST AG has not sold any significant shareholdings. AvW INVEST
continues to hold a small investment in D+S.

For the 2008 financial year, Mr. Auer von Welsbach, Chairman of the
Board of Management, anticipates for the AvW INVEST AG earnings per
share of around EUR 5.00 (2007: EUR 4.32). According to Mr. Auer von
Welsbach, it is entirely possible that the earnings per share may
increase to an even higher level if the takeovers in the small caps
segment move upwards. The figures for the first quarter will be
announced on 13 May 2008

About AvW INVEST AG

AvW INVEST AG, which is domiciled in Krumpendorf at Lake Wörthersee,
is active in three core business areas: financial services, equity
participations and real estate.

AvW´s shares are listed on the Vienna Stock Exchange on the ATX Prime
Market (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna:
AWS).

end of announcement euro adhoc
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ots Originaltext: AvW Invest AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

AvW INVEST AG

Mag. Brigitte Burger

Tel.: 04229/3621-24

mailto:b.burger@avw.eu

Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Prime.market
Börsen: Börse Frankfurt / free trade
Börse Stuttgart / free trade
Wiener Börse AG / official dealing