16.06.2011 – 08:33

Sparkassen Immobilien AG

EANS-Adhoc: Sparkassen Immobilien AG
new repurchase programme for S IMMO INVEST participating certificates

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  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.
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16.06.2011

Sparkassen Immobilien AG - new repurchase programme for S IMMO INVEST
participating certificates

The Management Board of Sparkassen Immobilien AG (S IMMO share ISIN:
AT0000652250) - with the Supervisory Board´s approval - decided to adopt a
repurchase programme for S IMMO INVEST participating certificates (ISIN:
AT0000795737 and AT0000630694). The Company is authorised to repurchase up to
15% of the certificates in issue, i.e., a maximum of 477,129 certificates. The
Company reserves the right to cancel some or all of the certificates
repurchased.

The repurchase price is a minimum of EUR 1.00 and a maximum of 2% above the
amount of the most recent published quarterly entitlement per participating
certificate. The repurchase programme will begin on 20 June 2011 and will end
at the latest on 20 June 2012.

Other measures, such as the issue of a convertible bond, are not currently
being planned. Neither this announcement nor the repurchase programme itself
constitute a public offer by the Company to acquire participating certificates.


Further inquiry note:
Investor Relations:
Andreas J. Feuerstein
Phone: +43(0)50100-27556
Fax:  +43(0)05100-927556
E-mail:  andreas.feuerstein@simmoag.at
www.simmoag.at 

Corporate Communications:
Bosko Skoko
Phone: +43(0)50100-27522
Fax:  +43(0)05100-927522
E-mail:  bosko.skoko@simmoag.at
www.simmoag.at

end of announcement                               euro adhoc 
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issuer:      Sparkassen Immobilien AG
             Friedrichstraße  10
             A-1010 Wien
phone:       +43(0)50100-27550
FAX:         +43(0)050100-927559
mail:         office@simmoag.at
WWW:      www.simmoag.at
sector:      Real Estate
ISIN:        AT0000652250
indexes:     ATX Prime, IATX
stockmarkets: official market: Wien 
language: English