EANS-Adhoc: conwert Immobilien Invest SE / Successful takeover: conwert now holds 87.2% in ECO Business-Immobilien AG

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02.08.2010

Successful takeover: conwert now holds 87.2% in ECO
Business-Immobilien AG

Vienna, 02 August 2010. conwert Immobilien Invest SE, listed on the
Vienna Stock Exchange, successfully completed the acceptance period
for the voluntary public takeover offer for ECO Business-Immobilien
AG on 30 July 2010. An overwhelming majority of the ECO shareholders
accepted the offer so that conwert now holds 87.2% in ECO.

By the end of the acceptance period, the offer was accepted for a
total of 21,236,065 ECO shares (approx. 62.3% of the share capital).
The minimum acceptance threshold of more than 50% of the remaining
ECO shares (i.e. 12,690,043 ECO shares) was thus exceeded by far.
Taking into account the ECO shares that conwert held prior to the
takeover offer, conwert now owns 29,726,965 ECO shares (roughly 87.2%
of the share capital). The other conditions precedent have also been
fulfilled; therefore the offer has been successful.

Johann Kowar, Chairman of the Executive Board of conwert Immobilien
Invest SE: "The excellent acceptance rate shows that our offer is
highly attractive. The acceptance of our offer was an important
prerequisite to enhancing ECO´s value. We will now implement this
strategy consistently in the interest of all shareholders."

For all owners of ECO shares who have not accepted the takeover offer
to date, the acceptance period of the public takeover offer will be
extended by three months in accordance with § 19 para. 3 ÜbG
(Takeover Act). This extension will therefore end on 3 November 2010,
so that the takeover offer can still be accepted up to and including
3 November 2010, 17:00, Vienna local time.

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,

Elisabeth Klinger, Corporate Communications,

T +43 / 1 / 521 45-280,

E klinger@conwert.at

Metrum Communications GmbH,

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 market