AvW Invest AG

euro adhoc: AvW INVEST AG
other
AvW Invest raises profit expectations

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07.03.2005

Krumpendorf (March 7, 2005) AvW Invest AG, a company of the AvW Group, has raised its profit prognosis for the closed financial year 2004 and therefore expects record results. The company now anticipates a 25% increase in annual net profit (earning per share). Earning per share (EPS) for fiscal year 2003 amounted to 0.51 euro, the net income for the year 1.5 million euro. An increase of at least 20 percent was initially expected. The final financial figures for fiscal year 2004 will be presented on March 30, 2005.

Dividends should also increase substantially - around 0.05 euro per share. For a preference share, a payout of 0.50 euro (0.45 euro last year) should follow, while 0.25 euro (0.20 euro last year) per common share should be expected. This means an increase of 11 percent for preference shares and 25 percent for common shares.

First-class financial standing AvW Invest has received the rating of 1AA1 from Dun & Bradstreet. This fact documents the "first-class financial standing" of AvW Invest AG. According to Dun & Bradstreet, this signifies several characteristics of AvW Invest: - The company is well-established. - The company belongs to a strong and growing branch. - Valuable, unencumbered property forms a solid basis for the firm. - Legal positioning demonstrates below average risk. - In the past, there’s been no incurring obligated debt payment. - Nominal capital demonstrates a solid capital basis. - The balance analysis carried out by D&B revealed a first-class financial standing.

About AvW Invest AG AvW Invest AG is a company of the AvW Group (www.avw.at). The AvW common shares (AVWI.VI) are noted on the Vienna Stock Exchange on the ATX Prime Market, the preference shares (AVWI_p.VI) on the Auctions Market. The Austrian company specialises in financial services, equity holdings and real estate.

end of announcement                                euro adhoc 07.03.2005 07:36:14
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Further inquiry note: AvW INVEST AG Mag. Alexandra Anthofer http://www.avw.at

Branche: Financial & Business Services
ISIN:      AT0000930409
WKN:        093040
Index:    Prime.market
Börsen:  Frankfurter Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Wiener Börse AG / official dealing



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