EANS-Adhoc: shaPE Capital AG / Semi-annual results per 30 June 2012

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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announcement.
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29.08.2012

- Net asset value per share CHF 195.23, +10.0% since 31 December
2011.

- Realization strategy on track: Since inception in September 2009
CHF 47 million returned to shareholders.

- Portfolio quality and cost efficiency remain key for further
execution of realization strategy.

With a NAV per share increase of 10.0% and a share price increase of
12.6%, shaPE had a solid first half of the year and is on track with
the execution of the realization strategy. Since inception of the
realization strategy in September 2009, twelve funds were sold in
secondary transactions and a total amount of CHF 47 million was
returned to shareholders through share buybacks and a cash dividend
out of the company's general legal reserves from capital
contributions. Portfolio quality and cost efficiency remain key
considerations for the further execution of the realization strategy.
Patient harvesting is the preferred route for the time being and
therefore the realization strategy is expected to continue over the
next two to three years.

The share capital reduction resolved at the shareholder meeting in
May became effective in August. Today, the total share capital
consists of 580'000 shares. shaPE continues its share buyback
activities on the second trading line (ticker: SHPNE). According to
the capital contribution principle as well as to an agreement of
shaPE with the Swiss tax authorities shares sold over the second
trading line are generally exempt from withholding tax and from
income tax.

The full semi-annual report 2012 is available on
www.shape-capital.com.

end of ad-hoc-announcement ==========================================
====================================== shaPE is a SIX Swiss
Exchange-listed investment company with exposure to a global private
equity portfolio built over the past years. In 2009 shaPE decided to
initiate a realization strategy with the ultimate goal to return the
intrinsic value of the current portfolio to its shareholders. Under
this realization strategy shaPE does not make any new commitments to
private equity funds, but focuses on harvesting the value of the
current portfolio over the coming years. shaPE is listed on the SIX
Swiss Exchange under the ticker symbol "SHPN".

Further inquiry note:
Dr. Simon Lamprecht
shaPE Capital AG
Wolleraustrasse 41a
8807 Freienbach
Phone: +41 58 596 12 96
Fax: +41 58 596 12 97
E-mail: info@shape-capital.com
Internet: www.shape-capital.com

end of announcement euro adhoc
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issuer: shaPE Capital AG
Wolleraustrasse 41a
CH-8807 Freienbach
phone: +41/58/596 12 96
FAX: +41/58/596 12 97
mail: info@shape-capital.com
WWW: http://www.shape-capital.com
sector: Financial & Business Services
ISIN: CH0012885841
indexes:
stockmarkets: official dealing: SIX Swiss Exchange
language: English