euro adhoc: AvW Invest AG / other / AvW acquires 9.5 per cent interest in German IT company

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24.04.2007

The Austrian finance group AvW INVEST AG further increases its
investment portfolio and acquires a 9.5 per cent interest in the
German IT company nextevolution. nextevolution AG (N5EG.DE) develops
concepts and practical solutions in the areas of Enterprise Content
Management, Enterprise Resource Management and Business Intelligence
in cooperation with leading software providers. The customer base,
which spans across Europe, includes companies from major industry
groups, as well as the commercial, financial services,
telecommunications, real estate and public sectors. The company is
headquartered in Hamburg and currently prepares for admission to the
Prime Standard. "We will also assume a position in nextevolution’s
Supervisory Board", says Wolfgang Auer von Welsbach, Chairman of the
AvW Management Board.

Expansion of IT portfolio In addition to the financial sector, the IT
segment is a major focus of AvW’s investments. The newly acquired
interest in nextevolution represents the third investment in a German
IT company. AvW’s other investments in this sector consist of a share
of around 10 per cent in Realtech (RTCG.DE) and around 17 per cent in
Cancom (COKG.DE). In Austria, AvW holds approximately 22 per cent in
S&T (SNTS.VI). "We intend to further expand these positions. For the
IT sector, we are expecting above-average growth rates in the coming
years. The consolidation process is progressing, which offers
potential for future takeovers," says Wolfgang Auer von Welsbach.

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

end of announcement euro adhoc 24.04.2007 08:14:31
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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