EANS-Adhoc: AvW Invest AG / AvW Invest AG: Postponement of 2009 financial statements

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20.04.2010

AvW Invest AG hereby announces that the originally scheduled date for
the publication of the 2009 financial statements will be postponed
from 23 April 2010 to 17 May 2010. This postponement is caused by a
slight delay in completing the required financial documentation.
Therefore, the auditing company, Moore Stephens Ehrenböck
Wirtschaftsprüfung Steuerberatung GmbH, A-2620 Neunkirchen,
Schwarzottstraße 2a, is unable to complete the audit of the financial
statements within the originally stipulated period.

The key problem is that apparently a further delay has arisen in
producing the expert opinion commissioned from Dr. Kleiner by the
public prosecutor´s office. Moore Stephens Ehrenböck have strongly
advised us to postpone the preparation of the annual financial
statements until such time as Dr. Kleiner´s expert opinion has been
submitted, because in the auditor´s view the opinion will contain
information that is relevant for the annual financial statements,
both in terms of AvW´s operation as a going concern and also with
regard to the amounts to be allocated to provisions. The findings of
the expert opinion will also impact the preparation of the notes and
the management report.

For the reasons outlined above, AvW Invest AG will not be able to
publish its annual financial report for the 2009 financial year,
including the auditor´s report and opinion, at the originally
stipulated date. Publication is now scheduled for 17 May 2010. The
Annual General Meeting of AvW Invest AG will be held on 22 June 2010.

About AvW Invest AG

AvW Invest AG (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA
Vienna: AWS), which is domiciled in Krumpendorf at Lake Wörthersee,
is active in two core business areas: equity investments and real
estate.

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: Standard Market Auction
Börsen: Frankfurt / free trade
Stuttgart / free trade
Wien / official market