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BENE AG

Berenberg Bank starts coverage of Bene AG.

Waidhofen/Ybbs (euro adhoc) -

Buy recommendation and target price of 6.50 euro.
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
banks/shares/coverage
Vienna / Waidhofen/Ybbs, November 26,
2007.  With its research report published on November 22, 2007, the 
Berenberg Bank starts the regular analysis of the Bene AG. In their 
latest study, the analysts of Germany´s oldest private bank classify 
the Bene shares as "buy" and currently, due to the company´s 
technological development and its extensive know-how, they see a 
target price of 6.50 euro for the shares of the internationally 
operating specialist for office and working environments.
After Raiffeisen Centrobank, Unicredit and Bank Sal. Oppenheim, the 
Berenberg Bank is the fourth renowned financial institution, which 
regularly analyses the Bene AG.
About Bene. Bene is convinced that there is a clear connection 
between the design of office and working environments, company 
culture and the success of a company. Bene´s concepts, products and 
services put this philosophy into reality. Development, design and 
production as well as consulting and sales are covered under one 
roof. With 76 sites in 30 countries and 1.446 employees worldwide, 
Bene offers its customers regional access to all of its services. In 
the business year 2006/07, consolidated sales of the Bene Group 
amounted to EUR 198.6 million. In the first half-year of the business
year 2007/08, the Bene Group generated sales of EUR 115.1 million. 
Bene is market leader in Austria and number six in Europe.
end of announcement                               euro adhoc 26.11.2007 08:23:05

Further inquiry note:

Mag. Gerald Strohmaier, MBA
Head of Finance & Investor Relations
BENE AG
A-3340 Waidhofen/Ybbs
Schwarzwiesenstraße 3
Phone +43-7442-500-3372
Fax +43-7442-500-993372
http://bene.com

Branche: Furnishings & Furniture
ISIN: AT00000BENE6
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / official market

Plus de actualités: BENE AG
Plus de actualités: BENE AG