EANS-General Meeting: conwert Immobilien Invest SE / Invitation to the General Meeting

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General meeting information transmitted by euro adhoc. The issuer is
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SUMMARY TRANSLATION OF THE ORIGINAL GERMAN LANGUAGE INVITATION.

THIS TRANSLATION IS FOR IMFORMATION PURPOSES ONLY.

conwert Immobilien Invest SE
Vienna, registered under FN 212163 f of the Commercial Court Vienna
(the "Company")

Invitation

to the

9th Annual General Meeting

of the shareholders of conwert Immobilien Invest SE

taking place on 15 April 2010 at 10.00 a.m., Vienna time
at the "Great Hall" at the Company´s head office
1080 Vienna, Albertgasse 35

with the following

Agenda:

1. Presentation of the approved annual financial statements as of
31 December 2009 according to the Austrian Commercial Code (UGB)
including notes and management report, the Corporate
Governance Report, the consolidated financial statements as of
31 December 2009 according to IFRS including notes and
management report, the proposal for the appropriation of
accumulated profit of the Executive Board in accordance with § 41
para. 1 of the Austrian Societas Europaea Act (SE Act, SEG) and
the report of the Administrative Board in accordance with § 41 para
2 and 3 of the SE Act, as well as the presentation of the annual
report of the Administrative Board pursuant to § 58 of the SE
Act.

2. Resolution on the appropriation of accumulated profit of the
financial year 2009.

3. Resolution on the discharge of the members of the Administrative
Board for the financial year 2009.

4. Resolution on the discharge of the members of the Executive
Board for the financial year 2009.

5. Appointment of the auditor of the annual financial statements
according to UGB and the consolidated financial statements
according to IFRS for the financial year 2010.

6. Election of Administrative Board members.

7. Resolution on the authorisation of the Administrative Board in
accordance with § 174 para. 2 of the Austrian Stock Corporation Act
(AktG) to issue, within five years from the adoption of the
resolution, hence until 15 April 2015, convertible bonds
(convertible bonds 2010), which are associated with conversion
or subscription rights to up to 12,803,890 ordinary bearer
shares of the Company with a share of up to EUR 128,038,900.00
in share capital, in one or several tranches, and to
determine all further conditions of the convertible bonds as well
as the issue and conversion procedures of the convertible bonds;
further, resolution on the exclusion of shareholders´ subscription
rights in accordance with § 174 para. 4 AktG in conjunction with
§ 153 AktG in case of the issue of convertible bonds according
to the above-mentioned authorisation.

8. Resolution on the conditional increase of share capital
by up to EUR 128,038,900.00 by issuing up 12,803,890 new
ordinary bearer sharers of the Company to grant conversion or
subscription rights to the creditors of the convertible bonds 2010
(conditional capital III.) and the corresponding amendment to the
articles of association in § 4 (Share capital and Shares) by
adding a new paragraph (7).

Provision of information (§ 106 (4) AktG):

In accordance with Art 53 of the SE Regulation (SE-VO) in
conjunction with § 108 para. 3 AktG the following documents will be
available to shareholders for inspection from the 21st day prior to
the Annual General Meeting, hence 25 March 2010, at the
headquarters of the Company, A-1080 Vienna, Albertgasse 35, during
the office hours of the company, Monday to Thursday (working days)
from 9:00 until 18:00, and Friday (working day) from 9:00 until
15:00, Vienna time:

• Annual financial statements as of 31 December 2009 in accordance with
the Austrian Commercial Code (UGB), including notes and management
report;
• Corporate Governance Report;
• Consolidated financial statements as of 31 December 2009 in accordance
with IFRS, including notes and management report;
• Proposal for the appropriation of accumulated profit by the Executive
Board in accordance with § 41 para. 1 SE Act;
• Report of the Administrative Board in accordance with § 41 para. 2 and
3 SE Act;
• Annual report of the Administrative Board in accordance with § 58 SE
Act;
• Draft resolutions on agenda items 1 to 8;
• Statements in accordance with § 87 para. 2 AktG by the candidates in
accordance with agenda item 6;
• CVs of the candidates in relation with agenda item 6;
• Wording of the proposed amendment to the articles of association in
agenda item 8. (conditional capital III.);
• Written report of the Administrative Board in accordance with § 174
para. 4 in conjunction with § 153 para. 4 AktG on the exclusion of
subscription rights within the authorisation to be adopted in
accordance with § 174 para. 2 AktG in the context of agenda item 7.
This information and these documents as well as
• the convening notice and
• the forms for granting and revoking a power of attorney in accordance
with § 114 AktG

will be available in accordance with 53 SE-VO in conjunction with §
108 para. 4 AktG on the website of the Company at www.conwert.at
from the 21st day prior to the Annual General Meeting, hence from
25 March 2010.

More information regarding shareholders´ rights in accordance with
§ 62 para. 1 SEG in conjunction with § 109 AktG and Art 53 SE-VO in
conjunction with §§ 110 and 118 AktG will be made available
immediately on the Company´s website at www.conwert.at.

Rights of shareholders (§ 106 Z 5 AktG):

a) Request of agenda items by shareholders

In accordance with § 62 para. 1 SEG in conjunction with §
109 AktG, shareholders whose combined shareholdings equal five
percent of the share capital may request in writing that items be
put on the agenda of the Annual General Meeting and published.
Each agenda item has to be accompanied by a draft resolution
and a justification. The shareholders must have held shares for
at least three months prior to filing the request. In case of bearer
shares held in deposits, a deposit confirmation in accordance with §
10a AktG shall be demonstrated. The request of the shareholders
must be signed by the shareholders filing the request and
submitted to the Company by the 21st day prior to the Annual
General Meeting, hence by 25 March 2010, at the address conwert
Immobilien Invest SE, A-1080 Vienna, Albertgasse 35, Attn. Mr.
Wolfgang Tutsch.

b) Draft resolutions by shareholders

In accordance with Art 53 SE-VO in conjunction with § 110 AktG
shareholders whose combined shareholdings equal one percent of the
share capital may submit, in text form or written form, proposals
for resolutions to each agenda item and demand that these
proposals, together with the names of the respective
shareholders, a justification and, if applicable, a statement by the
Executive Board or the Administrative Board are made accessible on
the website of the Company. In the case of a proposal regarding
the election of an Administrative Board member the justification
shall be replaced with a statement of the person proposed in
accordance with Art 9 para. 1 lit c (ii) SE-VO in conjunction with
§ 87 para. 2 AktG. The draft resolution, but not the justification
for it, must be presented in German.

The request shall be considered if it is received by the Company by
the seventh working day prior to the Annual General Meeting, hence
by 6 April 2010, at the address conwert Immobilien Invest SE,
A-1080 Vienna, Albertgasse 35, Attn. Mr. Wolfgang Tutsch, or per
fax, +43/(0)1/ 521 45 - 333.

c) Right of information

In accordance with Art 53 SE-VO in conjunction with § 118 AktG each
shareholder shall, upon request, be informed about the Company´s
activities as far as they are necessary for a proper assessment
of an agenda item. The right of information also extends to the
legal and business relationships of the Company with affiliated
companies. If the consolidated financial statements and group
management report are presented at the Annual General Meeting of
a parent company (§ 244 UGB), the right of information also extends
to the position of the group and companies included in the
consolidated financial statements. Information may be refused if,
based on reasonable commercial judgement, it could cause a
substantial disadvantage for the company or an affiliated
company, or if providing such information constitutes an offence.
Information may also be refused as far as it was available, without
interruption, on the website of the Company in the form of question
and answer for a period of at least seven days prior to the
beginning of the Annual General Meeting.

Questions which require longer preparation should be submitted to
the Company in time before the Annual General Meeting in order
to ensure an efficient session. Such questions should be sent
to the address A-1080 Vienna, Albertgasse 35, Attn. Mr.
Wolfgang Tutsch.

d) Other items

Shareholders´ rights which are subject to holding shares during
a certain period of time may only be exercised if a deposit
confirmation is provided as proof of shareholder status in
the relevant period in accordance with § 10a AktG.

Right to participate and record date (§ 106 Z 6 and 7 AktG):

In accordance with Art 53 SE-VO in conjunction with § 111 para. 1
AktG the right to participate in the Annual General Meeting and to
exercise the rights which are to be exercised at the Annual General
Meeting is conditional on the shareholdings at the end of the
tenth day prior to the Annual General Meeting (record date), hence
on

5 April 2010, 24:00.

Only persons who are shareholders on this record date and provide
evidence of it are entitled to participate in the Annual General
Meeting.

A deposit confirmation according to § 10a AktG is sufficient as
evidence of shareholdings on the record date in the case of bearer
shares deposited in a securities account. This confirmation must
be submitted to the Company at the latest on the third working day
prior to the Annual General Meeting, hence on 12 April 2010, and
may not be older than seven days at the time it is provided to the
Company. The deposit confirmation must be issued by a bank where
the shares are deposited and which is domiciled in a member state of
the European Economic Area or a full member state of the OECD
and must contain the information stipulated by § 10a para. 2 AktG.
Text form is sufficient for the deposit confirmation. Deposit
confirmations are accepted in German and English.

For bearer shares that are not deposited in a securities account,
a written confirmation by a notary public, which must be received by
the Company at the latest on the third working day prior to the
Annual General Meeting, hence 12 April 2010, shall suffice.

The confirmations must be submitted by means of SWIFT,
GIBAATWGGMS (Message Type MT598, ISIN AT0000697750, please
indicate in the text), per post to conwert Immobilien Invest
SE, A-1080 Vienna, Albertgasse 35, or per fax, +43/(0)1/ 521
45 - 333, Attn. Mr Wolfgang Tutsch.

Representation by proxy (§ 106 Z 8 AktG):

All shareholders entitled to participate in the Annual General
Meeting have the right to appoint a natural or legal person as a
representative (proxy) who attends the Annual General Meeting on
behalf of the shareholder and has the same rights as the
shareholder he/she represents. The Company itself or a member
of the Administrative Board or the Executive Board may only exercise
the voting right as a proxy insofar as the shareholder has
given a specific instruction regarding the exercise of the voting
right regarding the individual agenda items. The power of attorney
(proxy) must be granted to a specific person. The power of
attorney must be granted at least in text form in accordance
with § 13 para. 2 AktG; revoking the power of attorney also requires
text form. It is mandatory to use the form for granting or revoking
the power of attorney provided on the Company´s website at
www.conwert.at. This form also offers the option of granting a
limited power of attorney. The power of attorney or its
revocation must be submitted to and kept by the Company. We
kindly ask to present the power of attorney or its revocation
either at the registration of the Annual General Meeting or to send
it in advance per post to conwert Immobilien Invest SE, A-1080
Vienna, Albertgasse 35, or per fax, +43/(0)1/ 521 45 - 333,
Attn. Wolfgang Tutsch. In case of the latter two forms of
communication (per post or fax), the power of attorney or its
revocation must be received by the Company by 14 April 2010, 17:00,
Vienna time.

If a shareholder has granted his depository bank a power of attorney,
it shall suffice if this bank, in addition to the deposit
confirmation, declares in a statement that it has been granted
power of attorney. In accordance with § 262 para. 20 AktG and § 20
para. 4 of the articles of association, the Company currently
does not accept statements in accordance with § 114 para 1
fourth sentence AktG via an international, highly secured
communications network of credit institutions (SWIFT). Such
statements may therefore be submitted per post only to conwert
Immobilien Invest SE, A-1080 Vienna, Albertgasse 35, or per fax,
+43/(0)1/ 521 45 - 333, Attn. Mr. Wolfgang Tutsch.

In addition, the company provides, as a service for its
shareholders, the option that shareholders who are entitled to
participate, but are unable or do not wish to personally attend the
Annual General Meeting, have their voting rights exercised by
Mr. Armin Dallmann, a partner at the law firm CMS Reich-
Rohrwig Hainz Rechtsanwälte GmbH, or a representative authorised by
Mr. Armin Dallmann. It is not mandatory that shareholders who wish
to grant a power of attorney to a representative appoint
Mr. Armin Dallmann as their representative. If shareholders
wish to give a power of attorney to Mr. Armin Dallmann as their
representative, the following procedures must be complied with:
The shareholder submits the filled-in form, made out to Mr.
Armin Dallmann and signed (see above) to Dr Armin Dallmann pA
CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH, A-1010 Vienna,
Ebendorferstraße 3, fax: +43 1 40443 91150, E-Mail:
armin.dallmann@cms-rrh.com, in time so that the power of
attorney arrives there by 12 April 2010, 12:00 noon, Vienna time,
at the latest. The power of attorney given to Mr. Armin
Dallmann is only effective if it authorises Mr. Armin Dallmann
to delegate authority within the powere of attorney. The
shareholder may instruct Mr. Armin Dallmann as to how to exercise
the voting rights. Without instruction, Mr. Armin Dallmann will vote
at his own discretion.

It is pointed out to the shareholders that they also have to
meet the requirements to participate in an Annual General Meeting
as described under "Right to participate and record date (§ 106 Z 6
and 7 AktG)" when they give a power of attorney to a
representative.

Total number of shares and voting rights at the time the Annual
General Meeting was convened (§ 106 (9) AktG, § 83 para. 2 (1) Stock
Exchange Act (BörseG)):

At the time the Annual General Meeting was convened the share
capital of the Company amounted to EUR 853,592,730.00 and is
split into 85,359,273 no-par shares, each of which has an equal
share in the share capital. Each no-par share grants the right
to one vote at the Annual General Meeting. As of 16 March 2010,
close of trading at the Vienna Stock Exchange the Company owned
5,869,008 treasury shares, which do not grant voting rights so that
currently 79,490,265 voting rights exist taking into account these
treasury shares.

In order to ensure smooth registration procedures shareholders are
requested to arrive at the location of the Annual General
Meeting in time before its beginning. The Company reserves the
right to check the identity of persons attending the Annual
General Meeting. Should it not be possible to determine the
identity of a person, admission may be refused. We therefore
ask

participants to bring an official identity document (e.g. passport, driver´s
license) to the meeting. Shareholders will be admitted to collect voting cards
starting at 9:00 a.m., Vienna time.

Vienna, March 2010 The Administrative Board

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 - Investor Relations

T +43 / 1 / 521 45-250

E sidlo@conwert.at

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