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02.11.2006 – 16:01

Unternehmens Invest AG

euro adhoc: Unternehmens Invest AG
Financing, Stock Offerings (IPO)
UIAG announces successful IPO of BENE AG

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


Vienna, 2.11.2006 - With the successful completion of the initial public offering of BENE AG/Waidhofen, Austria, Unternehmens Invest AG (UIAG) succeeded in launching another growth-oriented Austrian family owned company on the Vienna Stock Exchange. Within the IPO BENE AG will receive about 32 mEUR of equity (including greenshoe) through a capital increase, which will be used to finance the further growth strategy. At the same time UIAG sells its entire investment in BENE (held via its holding company Sarpedon), which in turn means an inflow of liquid funds of about 22 mEUR for UIAG.

"Following the successful IPOs of Palfinger, Wolford and Andritz, the public listing of BENE AG is another important landmark for UIAG. It is also a proof that the Austrian capital market is an absolutely suitable financial instrument for growth-oriented medium-sized companies", commented Kurt Stiassny, chairman of the board of UIAG, on the recent success of UIAG. With its broad structure of medium-sized enterprises Austria has numerous companies that have very often accomplished an outstanding market position with their innovative products. The investment strategy of UIAG - to enhance the growth potential by means of equity capital financing - is in many cases an optimal alternative for such companies. Eventually a successful IPO provides listed companies access to a higher league and opens up new perspectives for these companies. "BENE is the clear proof for the attractiveness of our investment rationale", said Stiassny.

UIAG, Austria’s leading firm in private equity investments for medium-sized companies, holds investments in a number of growth-oriented firms, such as the medical and diagnostic laboratory group Futurelab, the specialist in hot water tanks Austria Email AG or Efkon, the specialist in electronic toll collection systems. "For some of our investments a future initial public offering is an absolutely realistic alternative to financing further growth", said Kurt Stiassny.

After the IPO of BENE, UIAG has sufficient liquid funds ready to be invested into new portfolio companies. Currently, UIAG is involved in negotiations with a number of companies for potential attractive investments. "The IPO of BENE is also going to form the basis for an attractive annual result for UIAG", said Kurt Stiassny, chairman of the board of UIAG.

end of announcement                                                 euro adhoc 02.11.2006 15:24:19

ots Originaltext: Unternehmens Invest AG
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Further inquiry note:
Board of Management
Mag. Kurt Stiassny      Mag. Martin Benger
Tel.: +43 (1) 405 97 71-0

Mick Stempel
Hochegger Financials
Tel: +43-1-505 47 01-85

Branche: Financial & Business Services
ISIN:      AT0000816301
WKN:        882788
Index:    ATX Prime, WBI
Börsen:  Wiener Börse AG / official market