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euro adhoc: ALTA FIDES Aktiengesellschaft für Grundvermögen
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Alta Fides AG with major investment in the heart of Leipzig . Acquisition of Telekom property on Augustusplatz . Investment volume of EUR 105 million planned

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
07.06.2007
Stuttgart, 7 June 2007. Alta Fides AG, Stuttgart, has now laid the 
foundation for the biggest investment project in its corporate 
history so far and, hence, it has established the basis for further 
vigorous growth. To that end, the company which focuses on the 
development and restoration of high-quality residential real estate 
has acquired the last big property on Augustusplatz in the city 
centre of Leipzig from Deutsche Telekom AG. The parties to the 
contract have agreed to maintain secrecy with regard to the purchase 
price.  The planned volume of the investments in the premises amounts
to approx. EUR  105 million.
The real estate property acquired, which is located on the premises 
of the former main post office, has a comprehensive listed building 
substance. In addition to the restoration of approx. 27,000  sqm, the
implementation of an innovative housing concept with approx. 200 
units for students and part-time managers is planned for the rear 
part of the overall premises which has not been developed so far. A 
total area of approx. 38,000 sqm  will be created in the course of 
the revitalisation and the planned development.
With this transaction, Alta Fides AG consistently continues its 
strategic investments in listed real estate properties. Until the end
of the year, further large-scale investments in residential real 
estate properties are planned in various sites in Germany in which 
the new and innovative concept  for student accommodation is to be 
implemented.
The Management Board
If you have further questions, please contact:
ALTA FIDES AG
Norbert Ketterer
Phone: +49 (0) 341 3552060
Fax: +49 (0) 341 35520699
E-mail:  ir@altafides.de
Internet: www.altafides.de
end of announcement                               euro adhoc 07.06.2007 20:00:00

Further inquiry note:

Rainer Fuchs
Vorstand
Tel.: +49 (0)341 35520690
E-Mail: ir@altafides.de

Branche: Real Estate
ISIN: DE000A0B7EZ7
WKN: A0B7EZ
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade

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