EANS-Adhoc: S IMMO AG / further share repurchase programme

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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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Strategic management decisions
03.07.2013

S IMMO AG: further share repurchase programme

The Management Board of S IMMO AG (Bloomberg: SPI:AV, Reuters:
SIAG.VI, ISIN: AT0000652250) has decided with the approval of the
Supervisory Board to repurchase shares as authorised by resolution of
the 23rd Annual General Meeting on 01 June 2012. Up to a further 3%
of the Company's shares - i.e., a maximum of 2,043,661 shares - will
be acquired as part of a share repurchase programme.

The resolution of the Annual General Meeting authorised the
Management Board, in accordance with section 65(1)(8) Austrian
Companies Act (AktG) and subject to approval of the Supervisory
Board, to repurchase up to 10% of S IMMO AG's issued share capital
within 30 months of the date of the resolution. Pursuant to
section 82(8) and (9) Austrian Stock Exchange Act (BörseG), the
resolution was published on S IMMO AG's website on 05 June 2012 and
in the Official Gazette in the Wiener Zeitung of 08 June 2012.

The Company is planning to repurchase up to a further 3% of the share
capital, i.e., a maximum of 2,043,661 shares. The repurchases may be
for any of the purposes specified in section 65(1)(8) AktG. Depending
on market conditions, the repurchase programme will begin on 09 July
2013 and will end at the latest on 18 December 2013.

The repurchase relates to the bearer shares of S IMMO AG (ISIN:
AT0000652250) and may be effected on or off the Vienna Stock
Exchange. The right of the shareholders to proportionate repurchase
may be excluded. The price per share may be no lower than EUR 1.00
and no more than 15% higher than the average quoted price on the
Vienna Stock Exchange over the three trading days preceding the
relevant repurchase.

This publication is also a publication pursuant to sections 4 and 5
of the Austrian Publication Order 2002 (BGBl II 2002/112 -
VeröffentlichungsV). The publication of any changes to the repurchase
programme for the purposes of section 6 VeröffentlichungsV as well as
any transactions related to the repurchase programme under section 7
VeröffentlichungsV will be on S IMMO AG's website, at
http://www.simmoag.at/en/investor-relations/share-repurchase.

This announcement does not constitute a public offer to acquire S
IMMO shares and does not obligate the Company to accept offers of
S IMMO AG shares for repurchase.

Further inquiry note:
Investor Relations:
Andreas J. Feuerstein
Phone: +43(0)50100-27556
Fax: +43(0)05100-927556
E-mail: andreas.feuerstein@simmoag.at
www.simmoag.at

Corporate Communications:
Bosko Skoko
Phone: +43(0)50100-27522
Fax: +43(0)05100-927522
E-mail: bosko.skoko@simmoag.at
www.simmoag.at

end of announcement euro adhoc
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issuer: S IMMO AG
Friedrichstraße 10
A-1010 Wien
phone: +43(0)50100-27550
FAX: +43(0)050100-927559
mail: office@simmoag.at
WWW: www.simmoag.at
sector: Real Estate
ISIN: AT0000652250
indexes: ATX Prime, IATX
stockmarkets: official market: Wien
language: English