euro adhoc: ECO Business-Immobilien AG / Annual & Special Corporate Meetings / ECO Business-Immobilien AG: capital increase resolved by Annual General Meeting

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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22.05.2007

ECO Business-Immobilien AG: capital increase resolved by Annual
General Meeting

Vienna, 22 May 2007. In the 4th Annual General Meeting of ECO
Business-Immobilien AG on 22 May 2007, a cash capital increase in the
nominal amount of up to EUR 200 million by issuing up to 20 million
new shares was resolved. On full use of the volume of the capital
increase, the company's share capital would increase to up to EUR 450
million.

In addition, the Annual General Meeting granted the company an
authorised capital in the nominal amount of up to 50% of the existing
share capital. Thus, the Management Board was authorised to increase
the share capital of the company by a nominal amount of up to EUR 125
million by issuing up to 12.5 million new shares. This capital
measure can be utilised until 22 May 2012 in one or several tranches,
partially or entirely. Furthermore, the Management Board was
authorised to exclude subscription rights when utilising the granted
authorised capital.

For the 2007 fiscal year, Auditor Treuhand GmbH, Wirtschaftsprüfungs-
und Steuerberatungsgesellschaft was appointed to audit the
consolidated and single-entity financial statements. In addition, the
Company's Annual General Meeting on 22 May 2007 resolved to elect the
real estate specialist, Günter Kerbler, 51, as a new member of the
Supervisory Board of the company. Resolutions to all other items on
the General Meeting's agenda (to the extent these were necessary)
were made in line with the motions for such resolutions.

end of announcement euro adhoc 22.05.2007 17:27:35
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ots Originaltext: ECO Business-Immobilien AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
ECO Business-Immobilien AG, Friedrich Scheck, CEO, Tel.: +43(1)535 21 99, Fax:
+43(1)535 21 99-99, mailto:scheck@eco-immo.at, http://www.eco-immo.at

Hochegger|Financials, Roland Mayrl, Tel +43 1 504 69 87-31,
mailto:r.mayrl@hochegger.com

Branche: Real Estate
ISIN: AT0000617907
WKN: A0D8RY
Index: Standard Market Auction
Börsen: Wiener Börse AG / Regulated free trade