conwert Immobilien Invest SE

EANS-Adhoc: conwert Immobilien Invest SE
Voluntary public takeover offer for ECO Business-Immobilien AG: offer price is increased to EUR 7.15 per ECO share - acceptance period runs from 2 July to 30 July 2010

-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 01.07.2010 Voluntary public takeover offer for ECO Business-Immobilien AG: offer price is increased to EUR 7.15 per ECO share - acceptance period runs from 2 July to 30 July 2010 Vienna, 01.07.2010. On 15 June 2010, conwert Immobilien Invest SE, which is listed on the Vienna Stock Exchange, announced its intention to submit a voluntary public takeover offer to the other shareholders of ECO Business-Immobilien AG. The offer document will now be published on Friday, 2 July 2010. The acceptance period for the offer will run from 2 July until 30 July 2010, 17:00 (Vienna local time). The offer price of EUR 6.15 per share announced on 15 June 2010 was increased and now amounts to EUR 7.15 per no par value share of ECO Business-Immobilien AG. The price offered by conwert thus exceeds the average volume weighted price of the ECO share in the last twelve months prior to the announcement of the takeover offer by 60.7%, and the average volume weighted share price of the last six months prior to the announcement of the takeover offer by 47.4%. Johann Kowar, Chairman of the Executive Board of conwert Immobilien Invest SE: "In the run-up to the commencement of the offer, we had further discussions with the ECO management and several contacts with institutional ECO investors. To accomplish the highest possible acceptance rate, we have decided to increase the offer price to EUR 7.15 per share. We are thus offering all ECO shareholders an excellent price while at the same time ensuring further value growth potential for conwert." conwert definitively (and thus legally binding) rules out a further increase of the offer price. The minimum acceptance rate of the offer remains unchanged at 50% + 1 share of the ECO shares held by the free float. If the offer is accepted completely, the maximum transaction volume amounts to approx. EUR 185.5 million. The offer document will be available at www.conwert.at, www.eco-immo.at and www.takeover.at as of 2 July 2010. During the acceptance period, ECO shareholders can submit their shares to the offer free of charges and fees through their depository bank. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: conwert Immobilien Invest SE Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: conwert Immobilien Invest SE Peter Sidlo, Head of Corporate Communications - Investor Relations T +43 / 1 / 521 45-250 E sidlo@conwert.at Metrum Communications GmbH Roland Mayrl T +43 / 1 / 504 69 87-331 E r.mayrl@metrum.at Branche: Real Estate ISIN: AT0000697750 WKN: 069775 Index: WBI Börsen: Wien / official market

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