EANS-Adhoc: C-QUADRAT Investment AG / C-QUADRAT intends to acquire UK Fund Management Company

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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02.07.2012

Vienna / Frankfurt, 02.07.2012. C-QUADRAT Investment AG (ISIN
AT0000613005) announces that a term sheet was signed on the possible
acquisition of 100% of the shares in BCM (Luxembourg) SA and thus on
the direct or indirect acquisition of 100% of the shares in the UK
Fund Management Company BCM & Partners LLP ("BCM-Group").

BCM-Group is a London domiciled independent Asset Manager with focus
on Credit Funds (Convertible Funds, High Yield Funds), Multi Asset
Class Funds und Fund of Funds. Currently BCM-Group manages assets of
approximately EUR 800 million.

The purchase price, which is subject to negotiations, would be an
amount corresponding to approximately 10% of the market
capitalization of C-QUADRAT. It is further intended to agree on a
price-adjustment-clause, which could become effective after 3 ¾ years
and could lead to an increase or a reduction of up to 30%. C-QUADRAT
plans to finance the intended takeover with equity, partially with
treasury shares, as well as with debt.

With this intended acquisition C-QUADRAT aims at the continuation of
its strategy of continuous growth in Asset Management as its core
business and the increase of diversification of its current product
range.

Subject to completion of due diligence to the satisfaction of
C-QUADRAT and successful negotiation of the transaction
documentation, the parties aim at a signing of the transaction still
in July 2012.

The possible transaction requires board approvals by the contracting
parties and post-signing the fulfillment of conditions precedent
including approvals by the UK Financial Services Authority (FSA),
London. In today's extraordinary board meeting C-QUADRAT's
supervisory board has basically agreed on the possible acquisition.

According to § 171 (1) Austrian Stock Corporation Act (Aktiengesetz)
C-QUADRAT's management board has to publish a report regarding the
intended sale of treasury shares including the exclusion of the
subscription right two weeks prior to the necessary approval through
resolution of the supervisory board.

Subject to signing still in July, the parties aim at completing the
transaction during Q3 2012.

Further inquiry note:
StB Mag. Roland Starha
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Vienna
Tel.: +43 1 515 66 317
Mail: ir@c-quadrat.com
www.c-quadrat.com

end of announcement euro adhoc
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issuer: C-QUADRAT Investment AG
Stubenring 2
A-1010 Wien
phone: +43 1 515 66-0
FAX: +43 1 515 66-159
mail: c-quadrat@investmentfonds.at
WWW: www.c-quadrat.at
sector: Financial & Business Services
ISIN: AT0000613005
indexes: Standard Market Auction
stockmarkets: official market: Frankfurt, Wien
language: English