DGAP-Adhoc: EEII AG: Half-Year Results per 06-30-2013

EEII AG  / Key word(s): Half Year Results

04.09.2013 18:17

Release of an ad hoc announcement pursuant to Art. 53 KR

EEII AG publishes half-year results per 06-30-2013

EEII reports a net loss of CHF 2.9mio (H1 2012: net loss of CHF 10.6
million) for the first half of 2013. In this period the fair value of
EEII's equity holdings decreased by almost 19 % or CHF 2.6mio. During the
reporting period, EEII's net asset value (NAV) decreased by 19 % from CHF
9.77 to 7.88 per share.

During the first half of 2013 the stagnating global investment environment
coupled with the recessionary climate of the emerging market economies in
Eastern Europe, continued to negatively affect EEII's portfolio

During the reporting period, EEII's (the 'Company') net asset value per
share (NAV) declined by 19% from CHF 9.77 to 7.88 per share. In absolute
terms, the Company reports a net loss of CHF 2.9 million (H1 2012: net loss
of CHF 10.6 million).

The reported loss is primarily attributable to the negative share price
development during the period for two of the company's largest holdings.
The share prices of both Gazprom and ENRC performed poorly in the reporting
period and lost 28% (minus CHF 1.8 mln.) and 30% (minus CHF 0.9 mln.)
respectively, in value. In contrast, the small positive stock performances
of the other large shareholding, Ukrnafta (+1%), and the shares of the
Ukrainian electricity companies (+2%), could not compensate for the loss of
the other two main equity holdings.

For further details also see the half-year report 06-30-2013 at

Mr. Beat Imwinkelried
Phone: +41-43-299 62 00

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Language:               English
Company:                EEII AG
                        Alpenstrasse 15
                        6304  Zug
Phone:                  +41 41 729 42 80
Fax:                    +41 41 729 42 29
ISIN:                   CH0007162958
Valor:                  940179
Listed:                 SIX

End of Announcement                             EQS Group News-Service



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