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AvW Invest AG

euro adhoc: AvW Invest AG
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AvW increases investment in Ecotel to more than 10 per cent

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
21.09.2007
The Austrian company AvW Invest AG has acquired a nearly 2 percent 
package of shares in the German telecom provider Ecotel (E4CG.DE). 
"This was a unique opportunity, which has arisen at short notice and 
which, at that price, we have gladly seized", says Wolfgang Auer von 
Welsbach, Chairman of the AvW Board of Management. In total, the AvW 
Group now holds more than ten percent of the stock of Ecotel, which 
currently is experiencing strong growth. Further investments in 
growth companies are a distinct possibility.
"The current situation on the stock markets offers exciting 
investment opportunities. Particularly in the small and mid cap 
arena, there are a number of interesting companies that can be 
acquired at favourable conditions. This is an opportunity that we 
will certainly not miss," says Mr. Auer von Welsbach.
Ninth real estate property
The AvW Invest AG also has acquired a further real estate property in
Carinthia. This takes the total number of AvW´s real estate 
properties in Austria, which also include properties located on Lake 
Wörthersee, to nine. "It is our goal to acquire one new property 
every year. The purpose of this strategy is to build up our level of 
capital assets and to safeguard the value of our investment 
portfolio," says Auer von Welsbach. The company´s real estate 
investments focus on building sites in prime locations and on 
agriculture and forestry properties.
About AvW INVEST AG
The AvW Invest AG, which is domiciled in Krumpendorf at Lake 
Wörthersee, is active in three core business areas: financial 
services, equity participations and real estate, with the latter 
being the company´s smallest business segment.
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.
end of announcement                               euro adhoc 21.09.2007 08:34:54

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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