AvW Invest AG

euro adhoc: AvW Invest AG
Mergers - Acquisitions - Takeovers
Takeover at D+S Europe

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Company Information

16.04.2008

By selling our SDax noted E-Commerce-Company D+S Europe (DSJG.DE) stake to another investment company Apax, profits of around EUR 5 million were generated for AvW INVEST AG, and of more than EUR 10 million for the AvW Group. The stake that was sold amounts 5 Percent. Within the AvW Group, there is now a total of around EUR 40 available for new investments. The performance of the D+S share was highly volatile in 2008. At EUR 13, the share hit its lowest point on 22 January 2008. The price used as a basis for the offer is therefore reasonable and appropriate. According to CEO Auer von Welsbach, the absolute secrecy of the deal must be emphasised as well. The parties to the transaction will keep the purchase price confidential.

Due to the positive performance of small caps in Austria and Germany, takeovers are particularly interesting in 2008. In the first quarter, AvW INVEST AG has not sold any significant shareholdings. AvW INVEST continues to hold a small investment in D+S.

For the 2008 financial year, Mr. Auer von Welsbach, Chairman of the Board of Management, anticipates for the AvW INVEST AG earnings per share of around EUR 5.00 (2007: EUR 4.32). According to Mr. Auer von Welsbach, it is entirely possible that the earnings per share may increase to an even higher level if the takeovers in the small caps segment move upwards. The figures for the first quarter will be announced on 13 May 2008

About AvW INVEST AG

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.

AvW´s shares are listed on the Vienna Stock Exchange on the ATX Prime Market (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS).

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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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