VA Technologie AG

euro adhoc: VA Technologie AG
VICTORY has reduced VA TECH investment from 15.03% to 11.67% (E)

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

VICTORY Industriebeteiligung AG has reduced its investment in VA TECH to 1.750.251 shares. On the basis of a total number of 15,000.000 VA Technologie AG shares this corresponds to a participation of 11.67%.

50% of VICTORY are held by Mirko Kovats, 50% are held by RPR private trust fund located in Vienna.

end of announcement            euro adhoc 28.01.2004

Further inquiry note: Wolfgang Schwaiger Strategy, Communications and Investor Relations

phone:  43 732 6986-9222 fax:    43 732 6980-3416

Branche: Technology
ISIN:      AT0000937453
WKN:        093745
Index:    ATX, ATX Prime, WBI
Börsen:  Wiener Börse AG / official dealing
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade

Weitere Meldungen: VA Technologie AG

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