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Abonner Deutsche Effecten- und Wechsel-Beteiligungsges. AG

Deutsche Effecten- und Wechsel-Beteiligungsges. AG

DEWB issues convertible bond in order to increase the investment funds

Jena (euro adhoc) -

·Issue volume of up to 20 million euros ·Further step along the way 
to becoming a leading independent investment capital provider for 
photonics and sensor systems
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
The Management Board of DEWB AG (DEWB) has
resolved, with the consent of the Supervisory Board, to issue a 
convertible bond with an issue volume of up to 20,000,000 euros. The 
bond will have a maturity of 5 years with interest paid at 6.0 
percent p.a. It will be divided into up to 20,000 part convertible 
bonds each with a nominal value of 1,000 euros, entitling the holders
to convert them into DEWB shares at a price of 3.20 euros per share. 
This corresponds to a conversion premium of approx. 25 percent based 
on the average closing price of the preceding three trading days of 
the DEWB share on the XETRA of 2.55 euros.
DEWB will use the funds raised from the issue to expand its 
investment activity. This will enable new investment commitments to 
be made independently of exits from the timing aspect. "Over recent 
years the majority of our liquidity has been used for the rapid 
reduction of debt as well as the development of the existing 
investment portfolio. Following the successful strengthening of the 
balance sheet structure we can therefore once again make an active 
return to investment activities with new commitments and utilize the 
attractive investment opportunities within our technology focus" 
states Mirko Wäckerle, member of the DEWB Management Board. "The 
issue of the convertible bond is a further step towards the planned 
increase in the assets under management to more than 100 million 
euros and to make DEWB the leading independent investment capital 
provider for companies in the areas of photonics and sensor systems",
continues Wäckerle.
The bond is expected to be offered to DEWB shareholders for 
subscription from September 17, to October 1, 2007 within the 
framework of a subscription rights issue. For each 1,523 shares two 
part convertible bonds can be purchased at the price of 1,000 EUR 
each. No public offering will be made. Part convertible bonds not 
subscribed by shareholders will be offered by quirin bank AG to 
institutional investors under the same terms and conditions. The 
issue will be assisted by quirin bank AG and Close Brothers Seydler 
AG. To enable investors to trade in the bonds on the stock market 
DEWB is applying for the convertible bond to be authorized for 
trading in the Open Market of the Frankfurt Securities Exchange.
The full terms and conditions of the convertible bond is expected to 
be published within the framework of the subscription rights offering
to shareholders, on Thursday September 13, 2007 on the company´s 
Homepage and in the "Börsenzeitung" as well as on Friday September 
14, 2007 in the electronic "Federal Gazette" (Bundesanzeiger).
About DEWB Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG
(DEWB AG, Prime Standard, Securities No.: 804100 / ISIN: 
DE0008041005) is an investment company that specialises in young and 
established medium-sized companies. The focus of our investments is 
on strong growth companies from the areas of photonics and sensor 
systems for which we provide support through shareholders´ equity, 
expertise in corporate development and our sector network. Our 
regional focus lies in the German speaking countries (D, A, CH). 
Since 1997 we have invested more than 300 million Euros in 53 
companies and realized more than 400 million Euros through 33 exits, 
eight of which were in the form of IPOs. The company is located in 
Jena, one of the most successful technology and science regions in 
Germany, with a long tradition in the field of optical technologies 
and one of the most important European centres for photonics.
end of announcement                               euro adhoc 13.09.2007 10:12:03

Further inquiry note:

Mirko Wäckerle
DEWB AG
Phone: +49 (0) 3641 573 3600
Fax: +49 (0) 3641 573 3610
E-Mail: ir@dewb-vc.com
www.dewb-vc.com

Branche: Financial & Business Services
ISIN: DE0008041005
WKN: 804100
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse München / free trade

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