EANS-Adhoc: conwert Immobilien Invest SE / AD HOC RELEASE

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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announcement.
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28.01.2010

Not for release or publication in, or distribution to, the United
States of America, Canada, Japan and Australia or any other
jurisdiction in which offers or sales of securities of conwert
Immobilien Invest SE are prohibited by applicable law.

Vienna, 28 January 2010: conwert Immobilien Invest SE ("conwert")
announces that the Joint Lead Managers exercised the over-allotment
option granted to them by conwert in connection with the issue of its
5.25% Convertible Bonds due 2016 in an initial aggregate principal
amount of EUR 131 million, ISIN AT0000A0GMD6 (the "Bonds"), in an
amount of EUR 4 million; thus the final aggregate principal amount of
Bonds is EUR 135 million.

The information contained herein is not for release or publication
in, or distribution to, the United States (as defined below), Canada,
Japan and Australia, or any other jurisdiction in which offers or
sales of securities of conwert Immobilien Invest SE are prohibited by
applicable law.

This press release does not constitute or form part of any offer or
solicitation to purchase or subscribe for sale securities of conwert
Immobilien Invest SE. No public offer of the Bonds will be made in
Austria or any other jurisdiction.

This press release is not being issued in the United States of
America, its territories and possessions, any State of the United
States of America, and the District of Columbia ("United States") and
must not be distributed, directly or indirectly, in or into the
United States. The securities referred to in this press release
(including the Bonds and the shares of conwert Immobilien Invest SE)
have not been and will not be registered under the U.S. Securities
Act of 1933, as amended ("Securities Act"), and may not be offered or
sold in the United States absent an exemption from registration under
the Securities Act. No offer or acceptance to repurchase any existing
bonds will be accepted from the United States of America.

This press release is not for general publication, release or
distribution in the United Kingdom and may only be distributed in the
United Kingdom to persons who (i) are investment professionals
falling within article 19(5) of the U.K. Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, in its current
version (the "Order"), or (ii) are high net worth entities or other
persons to whom it may lawfully be communicated falling within
article 49(2) (a) to (d) of the Order (all such persons will be
referred to as "Relevant Persons" below). Anyone in the United
Kingdom who is not a Relevant Person may not act on the basis of this
press release or its contents. Any investment or investment activity
to which this press release refers is only available to Relevant
Persons and is only carried out with Relevant Persons.

end of announcement euro adhoc
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ots Originaltext: conwert Immobilien Invest SE
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

conwert Immobilien Invest SE

Peter Sidlo, Head of Corporate Communications

T +43 / 1 / 521 45-250

E sidlo@conwert.at

Metrum Communications

Roland Mayrl

T +43 / 1 / 504 69 87-331

E r.mayrl@metrum.at

Branche: Real Estate
ISIN: AT0000697750
WKN: 069775
Index: WBI
Börsen: Wien / official dealing