DGAP-Adhoc: DIC Asset AG: DIC Asset AG Plans to Issue Corporate Bond

DIC Asset AG / Key word(s): Bond

14.06.2013 07:32

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc disclosure
pursuant to section 15 of the German Securities Trading Act (WpHG)

The SDAX-listed real estate company DIC Asset AG (WKN 509840/ ISIN
DE0005098404) has decided in principle to issue a second five-year
corporate bond with a volume of at least EUR 75 million. The corporate bond
shall be included in the Prime Standard for corporate bonds at Deutsche
Börse AG. The company intends to use the issue proceeds to refinance
existing bank debt on the portfolio and property level as well as for
general corporate purposes.

As the positive experience with the first corporate bond demonstrated, this
form of capital market financing has been established as a flexible and
cost-efficient component in the financing activities of DIC Asset AG. It
further enhances and diversifies the company's financing structure.
Moreover, it will permit further optimisation of the company's financing
conditions by reducing its bank debt on the portfolio and property level.
On this level, the issue proceeds can be used as equity and therefore serve
as an attractive alternative to classic junior or mezzanine loans. That
way, the overall debt level and the net debt equity ratio of the company
remain unchanged.

The corporate bond will be issued through a public offering of the company
in Germany, Luxembourg and Austria as well as through an international
private placement with qualified investors in Germany and certain other
countries. Details on the bond are expected to be announced until early
July 2013. Once approved, the prospectus required for the public offering
will then be published on the website of DIC Asset AG.

The company has appointed Bankhaus Lampe KG and Baader Bank AG to act as
joint bookrunner for the placing of the bonds.

Disclaimer

This document constitutes neither an offer of securities for sale nor a
solicitation to purchase or subscribe securities. Any possible future
public offering of a debenture bond will be submitted exclusively in the
form, and on the basis, of a listing prospectus to be published pending its
approval by the respective supervisory authority. The information legally
required to be disclosed to investors is provided exclusively by the
listing prospectus. At a time yet to be set, the listing prospectus will be
published on the Internet on the homepage of DIC Asset AG
(www.dic-asset.de).

This document constitutes neither an offer of securities for sale nor a
solicitation to submit an offer for the purchase of securities in the
United States of America, nor is it part of such an offer or such a
solicitation. The securities are not, nor will they be, registered pursuant
to the provisions of the United States Securities Act, and may not be sold
or offered for sale in the United States of America except after prior
registration pursuant to the provisions of the US Securities Act in its
latest version or else on the basis of an exemption clause without prior
registration.

The information provided in this publication must not be forwarded to or
within the United States of America, Canada, Japan or Australia.

Unless expressly stated otherwise, all of the information, data,
assumptions and forward looking statements contained in this document refer
to information, data and forecast that were available to the company at the
time of publication. In accordance with applicable laws, DIC Asset AG
assumes no obligation to, and will not, update this document in any form
whatsoever.

Contact:
Immo von Homeyer
Head of Investor Relations & Corporate Communications
Tel +49 (0) 69 27 40 33 86
Fax +49 (0) 69 27 40 33 69
Mailto:I.vonHomeyer@dic-asset.de

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Language: English
Company: DIC Asset AG
Eschersheimer Landstr. 223
60320 Frankfurt
Germany
Phone: +49 69 9454858-86
Fax: +49 69 9454858-99
E-mail: ir@dic-asset.de
Internet: www.dic-asset.de
ISIN: DE0005098404, DE000A1KQ1N3,
WKN: 509840, A1KQ1N,
Indices: S-DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service

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