AvW Invest AG

euro adhoc: AvW Invest AG
other
AvW holds more than 25 per cent in S&T

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02.07.2007

The Austrian investment group AvW has increased its investment in the Austrian IT company S&T (SNTS.VI) to 25.01 per cent and has thus gained a blocking minority interest. "S&T is a highly interesting investment. We are supporting the strategy pursued by CEO Rosner to jointly focus on organic growth and targeted takeovers", says Wolfgang Auer von Welsbach, Chairman of the AvW Management Board.

The market value of the total shareholding currently stands at around EUR 52 million. A further increase of the investment is not planned at present. In more specific terms, AvW Invest AG, which is a stock exchange listed company, now holds 20.53 per cent of the shares, with the remainder being held by AvW Gruppe AG.

The half-year figures for AvW Invest AG will be published on 13 August 2007.

About AvW INVEST AG The Austrian company, which is domiciled in Krumpendorf at Lake Wörthersee, specialises in the fields of financial services, equity investments and real estate. AvW´s shares are listed on the Vienna Stock Exchange on the ATX Prime Market (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS). More information about AvW is available on the Internet at www.avw.eu.

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ots Originaltext: AvW Invest AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
AvW INVEST AG
Mag. Brigitte Burger
Tel.: 04229/3621-24
mailto:b.burger@avw.eu

Branche: Financial & Business Services
ISIN:      AT0000930409
WKN:        892661
Index:    Prime.market
Börsen:  Börse Frankfurt / free trade
              Börse Stuttgart / free trade
              Wiener Börse AG / official dealing



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