Vivacon AG

euro adhoc: Vivacon AG
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VIVACON AG sells two residential portfolios consisting of 5,046 units in total

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 29.09.2006 Ad-hoc announcement according to § 15 WpHG VIVACON AG sells two residential portfolios consisting of 5,046 units in total Cologne, 29th September 2006. VIVACON AG (ISIN 000604 8911) has today sold two substantial residential property portfolios in individual transactions to two international Institutional Investors. Total units sold amount to 5,046 with a total area of approximately 272,000 sqm. Of the total, 2,256 units are located in Western Germany predominantly in North Rhine-Westphalia and 2,790 units are located in Saxony-Anhalt. Transaction volume amounts to approximately EUR 210m. VIVACON AG will generate initial annual ground rents of some EUR 1.36m from this transaction. The ground lease contracts have a lifetime of 198 years. The transactions take the form of the sale of shares in special purpose vehicles. The disposal is partly subject to antitrust approval. end of announcement euro adhoc 29.09.2006 07:45:58 -------------------------------------------------------------------------------- ots Originaltext: Vivacon AG Im Internet recherchierbar: http://www.presseportal.de Further inquiry note: Sven Annutsch Head Corporate Finance Tel: + 49 221 / 1305621 630 Sven.Annutsch@vivacon.de Lars Schriewer Director Communication Tel: + 49 221 / 1305621 631 Lars.Schriewer@vivacon.de Vivacon AG Bayenthalgürtel 4 50968 Köln Fax: + 49 221 / 1305621 950 http://www.vivacon.de Branche: Real Estate ISIN: DE0006048911 WKN: 604891 Index: CDAX, SDAX, Prime All Share, Classic All Share Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard Börse Berlin-Bremen / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade Börse Düsseldorf / free trade Bayerische Börse / official dealing

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