CA Immobilien Anlagen AG

euro adhoc: quarterly or semiannual financial statement
CA Immo ANLAGEN AG: result for first quarter of 2008 . Positive operational trend: rental income up 43%, EBITDA up 40% . Reduction of consolidated net income after minorities to EUR ...

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- quaterly report 30.05.2008 Operational business developed positively during the first quarter of 2008: Rental income increased by 43%, from EUR30.1 million to EUR43.1 million, of which Vivico accounted for around 23%. The EBITDA rose by 40%, from EUR28.2 million to EUR39.5 million. However, as a result of broadly stable real estate yields, the contribution of revaluation to the result fell from EUR16.2 million to EUR1.9 million, leading to a reduction in operating result (EBIT) by 8%, from EUR43.9 million to EUR40.3 million. The increased financing volume following the acquisition of Vivico was also responsible for significantly higher financing costs of -EUR29.7 million (compared to -EUR13.3 million in the first quarter of 2007), as a result of which the consolidated net income after minorities decreased to EUR3.2 million (compared to EUR19.7 million). As a result of the first time inclusion of Vivico´s EUR1.3 billion portfolio, the property assets of the CA Immo Group expanded by 52% to EUR3.8 billion. The NNNAV per share increased from EUR22.51 as of 31 December 2007 to EUR23.04 at the end of the first quarter 2008, equivalent to a rise of 2.4%. The increase was mainly due to the initial consolidation of Vivico. CA Immo aims to pay its first dividend for the year 2008, amounting to approximately 2% of average net asset value of the previous year. Key financial figures |in EUR mill. | Q1 2008 | Q1 2007 |Chg. % | |Rental income |43.1 |30.1 |+43% | |Net operating income |39.3 |26.9 |+46% | |Profit from the sale of properties |7.2 |5.3 |+36% | |EBITDA |39.5 |28.2 |+40% | |Change from revaluation |1.9 |16.2 |-88% | |EBIT |40.3 |43.9 |-8% | |Financial result |(29.4) |(8.1) |n.m. | |EBT |10.9 |35.8 |-70% | |Consolidated net income |8.9 |30.5 |-70% | |of which attributable to the parent |3.2 |19.7 |-84% | |company | | | | |Earnings per share (in EUR) |0.04 |0.34 |-88% | |Funds from Operations (FFO)(in EUR mn) |9.4 |13.3 |-29% | | |31-3-08 |31-12-07 |Chg. % | |Property portfolio (EUR mn) |3,846.5 |2,535.3 |+52% | |NAV per share (in EUR) |21.94 |22.04 |-0.5% | |NNNAV per share (in EUR) |23.04 |22.51 |+2.4% | end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: CA Immobilien Anlagen AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Please address queries to: CA Immobilien Anlagen AG Bruno Ettenauer Wolfhard Fromwald Claudia Hainz Tel.: 01/532 59 07 Fax: 01/532 59 07-510 E-Mail: office@caimmoag.com www.caimmoag.com Branche: Real Estate ISIN: AT0000641352 WKN: 064135 Index: Immobilien-ATX Börsen: Wiener Börse AG / Regulated free trade

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