EANS-General Meeting: ECO Business-Immobilien AG / Invitation to the General Meeting

--------------------------------------------------------------------------------
General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
--------------------------------------------------------------------------------

ECO Business-Immobilien AG
Vienna, company number 241364 y
(the "Company")

Invitation

to the
7th Annual General Meeting
of ECO Business-Immobilien AG
to be held at

10.00 a.m. CET, 13 April 2010

at the Säulenhalle of the Vienna Stock Exchange
Wallnerstrasse 8, 1010 Vienna

with the following
Agenda

1. Submission and consideration of the adopted individual annual
financial statements in accordance with the Unternehmensgesetzbuch
([UGB] Austrian Business Code [ABC]) for the year ended 31 December
2009, and individual notes thereto, operational review and corporate
governance report, as well as of the IFRS 2009 consolidated financial
statements for the year ended 31 December 2009, consolidated notes
thereto and operational review, and of the Management Board´s
dividend recommendation, and the report of the Supervisory Board
pursuant to section 96 Aktiengesetz ([AktG] Companies Act). 2.
Resolution regarding the application of the profit for the period
reported in the 2009 annual financial statements. 3. Resolution on
the discharge of the Management Board for the 2009 financial year. 4.
Resolution on the discharge of the Supervisory Board for the 2009
financial year. 5. Appointment of the auditors of the ABC individual
annual financial statements and the IFRS consolidated annual
financial statements for the 2010 financial year. 6. Supervisory
Board elections.

Provision of information (section 106[4] Companies Act):

The following documents area available for inspection by shareholders
pursuant to section 108(3) Companies Act from the 21st day before the
Annual General Meeting, i.e. 23 March 2010, at the Company´s
registered office located at Opernring 1, 1010 Vienna, during the
Company´s usual business hours: • 2009 individual annual financial
statements in accordance with the ABC, notes thereto and operational
review; • Corporate governance report; • 2009 IFRS consolidated
financial statements, notes thereto and operational review; • The
Management Board´s dividend recommendation; • The Supervisory Board´s
report pursuant to section 96 Companies Act; • Resolutions pursuant
to section 108(1) Companies Act regarding agenda items 1-6; •
Candidate declarations pursuant to section 87(2) Companies Act
regarding agenda item 6; • Candidate curricula vitae in connection
with agenda item 6. The above information and documents and • this
convocation pursuant to 106 Companies Act and • the forms for
granting and revoking proxies under section 114 Companies Act will be
posted on the Company´s website at www.eco-immo.at from the 21st day
before the Annual General Meeting, i.e. 23 March 2010, in accordance
with section 108(4) Companies Act.

Additional information regarding shareholder rights under sections
109, 110 and 118 Companies Act will be made available immediately on
the Company´s website at www.eco-immo.at.

Notice concerning shareholders´ rights (section 106[5] Companies Act)

a) Submission of agenda items by shareholders Under section 109
Companies Act, shareholders whose holdings represent a combined total
of five per cent (5%) of the Company´s share capital may require, in
writing and signed, the inclusion and announcement of General Meeting
agenda items. Each submitted agenda item must be accompanied by a
draft resolution and a justification thereof. Shareholders wishing to
table resolutions must have held their shares for at least three
months. In the case of bearers of deposited shares, this must be
evidenced by a deposit certificate in accordance with section 10a
Companies Act. The shareholder request must be signed by the
submitters and received by the Company by the 21st day before the
Annual General Meeting, i.e. 23 March 2010, at the address of ECO
Business-Immobilien AG, Opernring 1, 1010 Vienna, for the attention
of Alexandra Hönigsperger.

b) Draft shareholder resolutions Under section 110 Companies Act,
shareholders whose holdings represent a combined total of one per
cent (1%) of the Company´s share capital may submit written draft
resolutions to the Company regarding any item on the agenda and may
require that these be posted on the Company´s website together with
the name of the shareholder concerned, the attached justification,
and any statements made by the management or supervisory boards. In
the case of nominations to the Supervisory Board the justification is
replaced by a statement by the nominee pursuant to section 87(2)
Companies Act. The draft resolution, but not its justification must
always be submitted in German in addition to any other language.

Requests for the inclusion of agenda items will be taken into
consideration if received by the Company by the seventh business day
before the Annual General Meeting, i.e. 1 April 2010, at the address
of ECO Business-Immobilien AG, Opernring 1, 1010 Vienna, for the
attention of Alexandra Hönigsperger, or by fax to +43 (0)1 58088 ext.
88.

c) Right of information Under section 118 Companies Act, every
shareholder has the right to request information regarding Company
matters at the General Meeting, provided that such information is
necessary for the proper assessment of agenda items. The obligation
to provide information extends to legal and business relationships
between the Company and a related entity. If the consolidated
financial statements and operational review of a parent company
(section 244 ABC) are submitted for consideration by the General
Meeting, the obligation to provide information extends to the
condition of the group and the consolidated subsidiaries. Information
may be denied if, according to the reasonable commercial judgment, it
could cause significant harm to the Company or an Group company or
the provision of such information would be unlawful. Information may
also be denied if it has been posted on the Company´s website in
question and answer form for a minimum of seven days continuously
before commencement of the General Meeting.

In the interests of efficient meetings, questions the answers to
which require extended preparation should be submitted in writing to
the Company well in advance of the General Meeting, to Opernring 1,
1010 Vienna, for the attention of Alexandra Hönigsperger.

d) Miscellaneous Shareholder rights which are bound to shareholdings
for a certain period may only be exercised if evidence thereof during
the period in question is furnished by means of a deposit certificate
in the meaning of section 10a Companies Act.

Further information regarding shareholders´ rights under sections
109, 110 and 118 Companies Act is posted on the Company's website at
www.eco-immo.at.

Right of attendance and record date (sections 106[6-7] Companies
Act):

Under section 111(1) Companies Act, entitlement to attend the General
Meeting and to exercise shareholders´ rights at the General Meeting
is conditional on shareholdings at the end of the tenth day before
the day of the Annual General Meeting (record date), i.e.
shareholdings at

12.00 a.m. CET, 3 April 2010.

Only shareholders capable of evidencing their shareholdings on the
record date are entitled to attend a General Meeting.

In the case of bearer shares which are deposited in a securities
account, the presentation of a deposit certificate in the meaning of
section 10a Companies Act, which must be received by the Company by
the third business day before the General Meeting, i.e. 8 April 2010,
and must not be older than seven days at the time of presentation to
the Company, is sufficient evidence of shareholding on the record
date. The deposit certificate must refer to the record date. The
deposit certificate must be issued by the depositary bank, which must
be domiciled in a member state of the European Economic Area or in a
full OECD member country, and must contain the information required
by section 10a(2) Companies Act. It is sufficient for deposit
certificates to be made in written form. Deposit certificates are
accepted in both German and English.

For bearer shares which are not deposited in a securities account,
written confirmation from a notary public is sufficient, provided
that it is received by the Company by the third business day before
the Annual General Meeting, i.e. 8 April 2010.

Certificates must be sent by SWIFT, GIBAATWGGMS (Message Type MT598,
please enter ISIN AT0000617907 in the text field), by post to ECO
Business-Immobilien AG, Opernring 1, 1010 Vienna, or by fax to +43
(0)1 58088 ext. 88, in each case for the attention of Alexandra
Hönigsperger.

Representation by proxies (§106[8] Companies Act)

Each shareholder who is entitled to attend the General Meeting has
the right to appoint a natural or legal person to represent him/her.
The proxy holder attends the General Meeting on behalf of the
shareholder and has the same rights as the shareholder represented.
The Company itself or a member of the management or supervisory board
may only exercise voting rights as a proxy holder if the shareholder
in question has provided express instructions regarding the exercise
of his/her voting rights in connection with the individual agenda
items. The proxy must be granted to a specific individual. The proxy
must be granted at least in writing, in accordance with section 13(2)
Companies Act; revocations must also be at least in writing. When
granting or revoking proxies, the form provided on the Company's
website at www.eco-immo.at must be used; this can also be used for
granting limited proxies. The proxy or revocation thereof must be
sent to the Company and retained by it. It is requested that proxies
or revocations thereof be presented upon registration when entering
the Annual General Meeting, or sent in advance by post to ECO
Business-Immobilien AG, Opernring 1, 1010 Vienna, or by fax to +43
(0)1 58088 ext. 88, in each case for the attention of Alexandra
Hönigsperger. In the case of transmission by post or fax, proxies or
revocations thereof must be received by the Company by 5.00 p.m. CET,
12 April 2010.

Under section 114(1) Companies Act, if the shareholder has granted a
proxy to his/her depositary bank, in addition to the deposit
certificate it is sufficient for the bank to provide a declaration
stating that it has been appointed as a proxy holder. In accordance
with section 262(20) Companies Act, currently the Company does not
accept any declarations under section 114(1) sentence 4 Companies Act
via an international, specially secured bank communication network
(SWIFT). Declarations may therefore only be sent by post to ECO
Business-Immobilien AG, Opernring 1, 1010 Vienna, or by fax to +43
(0)1 58088 ext. 88, in each case for the attention of Alexandra
Hönigsperger.

Shareholders´ attention is drawn to the fact that, if they grant a
proxy, they must nevertheless meet the eligibility requirements for
attendance set out under "Right of attendance and record date
(sections 106[6-7] Companies Act)" above.

Total number of shares and voting rights at the time of convocation
(sections 106[9] Companies Act and 83[2][1] Börsegesetz [Stock
Exchange Act]):

At the time of convocation of the Annual General Meeting, the
Company's share capital was EUR 341,000,000, divided into 34,100,000
no par shares, each representing an equal portion of the share
capital. Each share confers the right to one vote. The Company did
not hold any of its own shares at the time of convocation of the
General Meeting. To the Company´s knowledge, the exercise of voting
rights over 1,565,086 shares or 4.59% of ECO Business-Immobilien AG´s
share capital has been excluded by contract, resulting in 32,534,914
voting rights´ currently being subject to exercise.

To ensure smooth admission to the General Meeting, shareholders are
requested to arrive at the venue on time before commencement of the
Meeting. The Company reserves the right to confirm the identities of
any individuals attending the Meeting. Should it not be possible to
confirm the identity of an individual, admission to the Meeting may
be denied. Attendees are therefore requested to bring an official
identification document (e.g. passport or driver´s licence) for the
purpose of confirming their identities. Admission to obtain ballot
forms commences at 9.00 a.m. CET.

16 March 2010
The Management Board

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: ECO Business-Immobilien AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

ECO Business-Immobilien AG

Wolfgang Gössweiner, CFO

Tel.: +43(1)580 88 0

mailto:goessweiner@eco-immo.at

Peter Pechar

Head of Investor Relations

Tel.: +43(1)580 88 35

mailto:pechar@eco-immo.at

Metrum Communications

Roland Mayrl

Tel.: +43(1) 504 69 87-331

mailto:r.mayrl@metrum.at

Branche: Real Estate
ISIN: AT0000617907
WKN: A0D8RY
Index: Prime Market
Börsen: Wien / Regulated free trade