Vivacon AG

VIVACON AG sells further 615 residential units under ground lease terms

-------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- real estate Köln (euro adhoc) - VIVACON AG (ISIN DE0006048911) has sold further 615 residential units with a total living space of 31,450 sqm under ground lease terms. VIVACON will generate an initial annual ground lease cash flow of EUR 0.5m from this transaction. The gound lease contracts are German CPI indexed and have an initial maturity of 198 years. As a result of today´s transaction, the annual ground lease cash flows of the Company will increase to approximately EUR 14m. Since the beginning of 2007, VIVACON AG has acquired approximately 17,400 units and has sold some 12,700 units. Following this transaction, VIVACON AG owns some 7,300 units, of which the majority is currently prepared for a disposal in 2008 by the asset management of the Company. Another c. 4,400 units are held by the joint venture company WIAG, founded by Vivacon AG and Forum Partners. The management reiterates its communicated full-year guidance of a net income of EUR 54-58m. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: Vivacon AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Sven Annutsch Head Investor Relations & Corporate Finance Tel: + 49 221 / 1305621 630 Sven.Annutsch@vivacon.de Branche: Real Estate ISIN: DE0006048911 WKN: 604891 Index: SDAX, CDAX, Classic All Share, Prime All Share Börsen: Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse München / regulated dealing

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