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Fortune Management Inc.

euro adhoc: Fortune Management Inc.
Mergers - Acquisitions - Takeovers / Fortune acquires the Geneva-based Asset Management Company Van Daalen and increases its Assets under Management to over CHF 1.5 billion

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
11.05.2007
Zug/Switzerland, May 11th, 2007 - Fortune Management Inc. (General 
Standard, ISIN USU026281027, USU026281365, USU026281779; SIN: A0BLYY,
A0ETG9, A0JC62) through its subsidiary FORTUNE Wealth Management AG 
has acquired the asset management firms Van Daalen & Cie. SA in 
Geneva, Switzerland, and Van Daalen International Ltd in Nassau, 
Bahamas.
Van Daalen manages over CHF 650 million in private client funds 
world-wide.  The companies were founded in 1991 (Geneva) and 2000 
(Nassau), and primarily advise traditional European high net worth 
individuals. The acquisition in the Bahamas must still be approved by
the relevant local authorities.
The Van Daalen Companies will be part of the FORTUNE Wealth 
Management Group AG.  With its current majority holdings in eight 
asset managers, the group now manages over CHF 1.5 bn in client 
assets.  Dr. Peter Moertl, CEO of the FORTUNE Wealth Management Group
AG, will serve as the Chairman of the Board of both companies.  Both 
entities, which are highly profitable, will be able to contribute 
significantly to the net result of the Wealth Management Group.
With the acquisition of the Van Daalen Group, FORTUNE further 
substantiates its strategy to advance FORTUNE Wealth Management AG as
one of the leading platforms for the consolidation of independent 
asset managers.  This concept, which was launched nearly three years 
ago, concentrates on providing solutions to succession planning, as 
well as on realizing economies of scale in the investment management,
while simultaneously maintaining each individual asset manager´s 
independent market appearance and brand.
(End of Ad-hoc-Message)
René Müller, CEO FORTUNE Management Inc., comments: "This transaction
is a significant milestone in the development of FORTUNE Wealth 
Management Group AG. The firm has now achieved the critical size, 
which allows it to target even more substantial transactions and to 
reach the goals it has set for itself according to plan.  On the 
FORTUNE Management level, we will also be able to greatly benefit 
from the global experience of Van Daalen´s CEO Xavier 
Gonzales-Florenzano and his team."
"With FORTUNE we have found a partner, who, with his positioning and 
range of offerings, can provide our clients with additional leverage.
The sophisticated IT platform and the exceptionally well performing 
range of products from FORTUNE create critical and additional client 
benefits", according to Xavier Gonazales-Florenzano, CEO Van Daalen 
Group.
Dr. Peter Moertl, CEO FORTUNE Wealth Management Group AG, says: "On 
one hand, with Van Daalen FORTUNE immediately gains a strong position
in the international financial market in Geneva.  On the other hand, 
Van Daalen strengthens the growing portfolio of FORTUNE Wealth 
Management in a meaningful way and sets the stage for further growth 
potential."
Profile of FORTUNE Management Inc.: FORTUNE Management Inc., 
Zug/Switzerland, is a publicly listed private equity firm. Its two 
business divisions are Private Equity Management and Principal 
Investments. Private Equity Management achieves consistent revenues 
from the management of specialised funds, whereas Principal 
Investments comprises direct investments (e.g. in bio-diesel 
manufacturer GATE or in the Swiss asset managers Fortune Wealth 
Management Group AG) with a view to capital gains. FORTUNE Management
Inc. has subsidiaries in Zug, Zurich, Geneva, Luxemburg, Rotterdam, 
Santiago de Chile, Würzburg and Vienna, as well as a branch in Dubai.
The company´s shares (ISIN: USU 026281027) are listed in the General 
Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on 
the DIFX in Dubai.
Contact:
FORTUNE Management Inc.
Hubertus Väth
Phone +49 69 9441 8081 
IR@fortune-management.com
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug
end of announcement                               euro adhoc 11.05.2007 08:30:00

Further inquiry note:

Michael Staab
New Mark Finanzkommunikation
Tel.: +49(0)69 94418097
E-Mail: michael.staab@newmark.de

Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Frankfurter Wertpapierbörse / regulated dealing/general
standard

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