AvW increases investment in Cancom to more than 20 per cent

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investments

Krumpendorf (euro adhoc) - The Austrian investment group AvW has
increased its investment in the German IT company Cancom (COKG.DE) to
more than twenty per cent. "We have taken advantage of the weak
market of the past few days and selectively acquired new
investments", says Wolfgang Auer von Welsbach, chairman of the AvW
Management Board. Only a few days ago, Cancom presented excellent
half-year figures and affirmed its growth targets for the current
financial year.

One of AvW´s key goals is to continually extend and develop its
portfolio of equity holdings. The IT sector in Germany and Austria is
of particular importance in this respect. "As we have the capital at
our disposal, we want to and will further expand our existing
portfolio", says Mr. Auer von Welsbach. Even at present, AvW is one
of the most important IT investment companies in Europe. The AvW
portfolio includes, among other investments, a share of 25 per cent
in S&T (SNTS.VI), 20 per cent in Cancom, 14 per cent in Realtech
(RTCG.DE) and 10 per cent in Nextevolution (N5EG.DE).

About CANCOM: The CANCOM Group, founded in 1992, is one of the
leading suppliers of IT infrastructure and services. CANCOM is one of
the largest IT companies in Germany and offers its customers a
comprehensive range of IT products and services. As one of the most
important partners of HP, Microsoft, Symantec, Citrix, Apple and
Adobe in Germany, CANCOM has significant core expertise as a provider
of complete and integrated solutions in the IT sector. The CANCOM
Group employs approximately 1,300 staff at over 20 locations in
Germany, Austria, Switzerland and the United Kingdom. Of these,
around 900 are employed in the field of IT services.

About Auer von Welsbach Gruppe AvW Gruppe is an Austrian investment
company focusing on small caps in Austria, Germany, Asia and
Australia. AvW participating certificates (AVWIga.F, ISIN
AT0000703269) of the AvW Group are listed on the Frankfurt Stock
Exchange. More information about AvW is available on the Internet at
www.avw.eu.

end of announcement euro adhoc 06.08.2007 09:00:00
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ots Originaltext: AvW Management-Beteiligungs AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
AvW Gruppe AG
Mag. Brigitte Burger
Investor Relations
Tel.: 04229/3621-24
mailto:b.burger@avw.at

Branche: Economy, Business & Finance
ISIN: AT0000703269
WKN: 763759
Börsen: Börse Frankfurt / free trade