EANS-Adhoc: conwert Immobilien Invest SE extends share buyback programme

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06.07.2010

conwert Immobilien Invest SE extends share buyback programme

Vienna, 06.07.2010. At the Annual General Meeting of conwert
Immobilien Invest SE on 26 May 2009, the Administrative Board was
authorised to purchase treasury shares up to the legally defined
maximum in accordance with § 65 para. 1 (8) and para. 1a and 1b of
the Austrian Stock Corporation Act for a period of 30 months
beginning on the date the resolution is passed, at a minimum value of
EUR 1.00 and a maximum value of EUR 10.00 per share. The resolution
was published on the website www.conwert.at on 26 May 2009.

conwert acquired a total of 7,041,120 common shares or 8.249% of the
issued capital in three previous share buyback programmes (31.01.2008
to 30.06.2008, 29.08.2008 to 25.04.2009 and 16.12.2009 to
30.06.2010). Thereof conwert sold 6,296,699 common shares within a
property transaction, 744,421 common shares were owned by the company
as of 30 June 2010.

At the end of the previous share buyback programme the Administrative
Board of the company exercises again the authorisation granted at the
Annual General Meeting held on 26 May 2009 and adopts the following
fourth share buyback programme:

+ Duration: 12.07.2010 to 31.12.2010 at the latest
+ Class of shares: Common shares
+ Planned volume: up to 1.751% of issued capital, therefore
a maximum of 1,494,807 common shares
+ Purchase price: EUR 1.00 to EUR 10.00 per share
+ Form of purchase: over the Stock Exchange
+ Purpose: for the purpose permitted by § 65 para. 1 (8) of the
Austrian Stock Corporation Act, in particular for the
use in the acquisition of companies and properties

The Administrative Board adopted a further share buyback programme
because the current share price is roughly 45% below the share´s net
asset value (NAV) and provides a good opportunity to buy own shares
to use them, amongst other things, for later acquisitions.

Any changes as well as the transactions carried out as part of the
share buyback programme will be published on the website of conwert
Immobilien Invest SE under www.conwert.at in accordance with the
Austrian Stock Exchange Act and the publication directive 2002.

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 GmbH

Eva Ruppnig, MAS

T +43 / 1 / 504 69 87-335

E e.ruppnig@metrum.at

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