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AvW Invest AG

euro adhoc: AvW INVEST AG
AvW Invest AG: Goldmine investment increased (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
The AvW group of companies concluded the announced major gold
investment as planned and now holds approximately 2.3 %, i.e. approx.
3.5 million shares in the Australian Equigold goldmine (EQI.AX). AvW
has thus become one of the ten largest investors in Equigold and
expects profitable long-term returns on its investment in the
Australian goldmine. In addition, this Australian growth stock among
goldmines distributes an attractive dividend. With this investment,
the "Australian goldmines" project has been concluded after a total
of approximately EUR 4 million has been invested.
The next step in our global AvW investment strategy focuses on
another Austrian industrial enterprise; the analysis has already been
completed and the result was positive.
AvW Invest AG is going to announce its interim balance sheet figures
on 18 March 2004. For current information please see
http://www.avw.at.
AvW ordinary shares (AVWI.VI) are traded on the ATX prime market of
the Vienna Stock Exchange, and AvW preference shares (AVWI_p.VI) in
the standard market auction.
end of announcement        euro adhoc 27.01.2004

Further inquiry note:

AvW INVEST AG
Mag. Alexandra Anthofer
http://www.avw.at

Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 093040
Index: Prime.market
Börsen: Wiener Börse AG / official dealing
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade

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