ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.

21.05.2010

With reference to its  stock  exchange  announcement  of  23 April  
2010,  stock exchange-listed Sparkassen Immobilien AG  
(Bloomberg:SPI:AV,  Reuters:  SIAG.VI) announces that in the Annual 
General Meeting of today´s date, 21 May  2010,  the 75% majority 
required for the approval of the resolution in agenda item  7  with 
respect to the rights of participating certificates to conversion 
into  ordinary shares was not achieved.

All other resolutions were approved.

end of announcement                               euro adhoc

Further inquiry note:

Investor Relations:
Sylwia Milke
phone: +43(0)50100-27402
fax: +43(0)05100-927402
mailto:sylwia.milke@s-immoag.at
www.sparkassenimmobilienag.at

Corporate Communications:
Bosko Skoko
phone: +43(0)50100-27522
fax: +43(0)05100-927522
mailto:bosko.skoko@s-immoag.at
www.sparkassenimmobilienag.at

Branche: Real Estate
ISIN: AT0000652250
WKN: 065225
Index: ATX Prime, IATX
Börsen: Wien / official market