EANS-Adhoc: S IMMO AG / Exchange offer for S IMMO INVEST participating certificates

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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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Capital measures
29.04.2014

S IMMO AG - exchange offer for S IMMO INVEST participating
certificates

The Management Board of S IMMO AG (Bloomberg: SPI:AV, Reuters:
SIAG.VI; ISIN: AT0000652250) has, with the authorisation of the
Supervisory Board, subject to the approval of the prospectus by the
Austrian Financial Market Authority (FMA), decided to invite the
holders of the 2,307,747 S IMMO INVEST participating certificates
(ISIN: AT0000795737 and ISIN: AT0000630694) listed on the Vienna
Stock Exchange to offer S IMMO AG their participating certificates in
exchange for a 7-year fixed term bond with a fixed coupon of 4.5% at
the exchange rate of EUR 78.88 per certificate. The offer is open
from 30 April 2014 until 19 May 2014, unless previously closed or
extended. S IMMO AG will accept such offers only up to a maximum bond
volume of EUR 90m. Application for listing of the bond on the Second
Regulated Market of the Vienna Stock Exchange is planned.

Further information about the exchange offer will be available on S
IMMO AG's website at www.simmoag.at/umtauschangebot.

This disclosure is a mandatory disclosure pursuant to section 48d
para 1 Stock Exchange Act (BörseG). It serves promotional
purposes in Austria and is a marketing announcement in the
meaning of the Securities Supervision Act (WAG) and the Capital
Markets Act (KMG), but does not constitute financial analysis or
advice relating to financial securities. It is neither a
recommendation nor an offer to sell or invitation to purchase
securities of S IMMO AG ("the Company"). The offer to exchange
securities of the Company is made exclusively by means and on the
basis of the base prospectus including its annexes approved by the
Financial Market Authority (FMA) and published on 29 April
2014, together with the binding terms and conditions ("the
Prospectus"), which is available free of charge from the Company's
offices at Friedrichstrasse 10, 1010 Vienna, during normal
business hours and may be viewed electronically on the issuer's
website (www.simmoag.at).

This announcement is addressed exclusively to persons legally
entitled to receive it. In particular, it is not addressed to
U.S. citizens or persons resident in the United States of America
(USA), the United Kingdom, Belgium, France or Italy. It is
neither an offer to purchase nor a public invitation to sell
securities in Italy, Belgium, France or any jurisdiction in which
such an offer or invitation would be contrary to the law. This
announcement is not for publication or distribution in the USA and
may not be distributed to U.S. persons or publications generally
distributed in the USA nor be published or distributed in any
other country in which its publication or distribution would be
contrary to the law.

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