euro adhoc: AvW INVEST AG / other / AvW increases share in Cancom to 15 per cent

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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09.01.2007

In the first days of 2007, the Austrian company AvW Invest AG
increased its share in the German IT specialist Cancom (COGK.DE) from
previously 10 per cent to now 15 per cent. According to Wolfgang Auer
von Welsbach, Chairman of the Board of Management, "this represents
the starting point for further acquisitions in the IT sector".

In the current year, AvW Invest AG intends to spend some EUR 10
million on building up its existing investments and on securing
further acquisitions in the IT sector. At present, the company’s
investments in the IT sector total about EUR 26 million. "Our goal is
to establish a leading position in the field of IT investments," says
Mr. Auer von Welsbach.

Cancom is currently changing from a pure systems integrator to a
provider of comprehensive IT solutions. As the largest shareholder,
AvW expects that this positive development will also lead to
increased profits in the IT services segment.

Dividend increased by 170 per cent

Due to 2006 being expected to be a record year for AvW Invest AG, Mr.
Auer von Welsbach intends to effect a sizeable dividend increase. "We
will propose a dividend increase from EUR 0.30 to EUR 0.80 at the
Annual General Meeting. This corresponds to an increase of about 170
per cent. By raising our dividend, we allow our shareholders to
participate in their company’s success."

AvW Invest AG expects the most significant and sustainable profits to
be generated in the financial services sector, particularly in the
area of derivatives. "As a traditional growth company, this enables
us to significantly increase our dividend while at the same time
maintaining a sufficient level of liquidity for new investments,"
says Mr. Auer von Welsbach.

The balance sheet figures for the 2006 financial year will be
announced on March 27, 2007.

About AvW Invest AG: http://www.avw.eu AvW's shares are listed on the
Vienna Stock Exchange on the ATX Prime Market(ISIN number:
AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS). The Austrian
company, which is domiciled in Krumpendorf at Lake
Wörthersee,specialises in the fields of financial services, equity
investments and real estate.

end of announcement euro adhoc 09.01.2007 08:30:27
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ots Originaltext: AvW Invest AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
AvW INVEST AG
Nicole Kahn
Investor Relations
Tel.: 04229/3621-25
mailto:n.kahn@avw.eu

Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Prime.market
Börsen: Frankfurter Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Wiener Börse AG / official dealing