04.02.2008 – 08:34

AvW Management-Beteiligungs AG

AvW now holds 24 percent of Binder

Krumpendorf/Wörthersee (euro adhoc) -

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investments

The Austrian AvW Gruppe AG
investor group has increased its equity position in Binder+Co AG 
(BIND.VI) from 15 percent to the current level of approx. 24 percent.
"We like the company very much, management is very effective and the 
company´s focus on strategic growth suits us very well" Wolfgang Auer
von Welsbach, AvW´s Board Chairman, stated. "Our next goal is to 
surpass the 25% level at Binder, as well, and achieve a blocking 
minority shareholding." AvW had announced only a few weeks ago that 
it had acquired more than a 25% shareholding in the Austrian fund 
company C-Quadrat.

Binder+Co AG, which has been listed on the Vienna Exchange since the 
end of 2006, is a specialist in processing, environmental and 
packaging technology. In fact, Binder is the global market leader in 
the realm of screening technology (for goods which are difficult to 
separate) as well as in the field of glass recycling. Carrying an 
average of 208 employees on its payroll, Binder generated EUR 42.7 
million in revenues during the 2006 fiscal year, achieving an EBIT of
EUR 4 million.

About Auer von Welsbach Group

AvW Group is an Austrian investment company focusing on small caps in
Austria, Germany, Asia and Australia. In the past year, around EUR 
120 million were invested in the company´s equity holdings. AvW 
already ranks among the largest, most profitable and fastest growing 
investment companies in Austria. AvW participating certificates 
(AVWIga.F, ISIN AT0000703269) of the AvW Group are listed on the 
Frankfurt Stock Exchange. More information about AvW is available on 
the Internet at www.avw.eu

end of announcement                               euro adhoc

Further inquiry note:

AvW Gruppe AG
Brigitte Burger
Tel.: +43 (0)4229/3621-24
mailto:b.burger@avw.eu

Branche: Economy, Business & Finance
ISIN: AT0000703269
WKN: 763759
Börsen: Börse Frankfurt / free trade