EANS-Adhoc: CA Immobilien Anlagen Aktiengesellschaft / CA IMMOBILIEN ANLAGEN AG ISSUES CONVERTIBLE BONDS

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Company Information/Convertible Bond

04.11.2009

Not for publication or distribution in the United States, Australia,
Canada or Japan.

CA IMMOBILIEN ANLAGEN AG ISSUES CONVERTIBLE BONDS

Vienna, 04 November 2009.

The Management Board of CA Immobilien Anlagen AG ("CA Immo"), with
the approval of the Supervisory Board, resolved today to issue
senior, unsecured convertible bonds (the "Bonds"). CA Immo will
hereby make use of the authorisation as resolved by the annual
general meeting on 13 May 2008.

The base offering size will be EUR 100 million and the offering may
be increased by up to EUR 35 million. CA Immo has granted the Joint
Bookrunners a greenshoe option, exercisable until the second business
day prior to the settlement day, of up to EUR 15 million for the
purchase of further convertible bonds to cover over-allotments (if
any).

With the proceeds of the offering CA Immo intends to enhance its
financial flexibility in order to pursue investment opportunities in
the current market environment and to fund future development
projects.

The Bonds will have a maturity of five years. The semi-annual coupon
is expected to be set between 3.75% - 4.50% p.a. The Bonds will be
issued at 100% of their nominal value of EUR 50,000 per Bond and will
be redeemed, if not previously converted, at 100% of the nominal
value plus accrued interest at maturity. The Bonds are callable by CA
Immo after the first three years if the stock exchange price of CA
Immo´s shares (over certain periods) is equal to or exceeds 130% of
the then applicable conversion price.

The conversion price is expected to be set at a conversion premium
between 25.0% and 30.0% above the volume weighted average price
(VWAP) of the CA Immo shares on the Vienna stock exchange from the
time of launch of the placement until pricing, which is expected
today.

The pre-emptive rights of the shareholders of CA Immo to subscribe to
the Bonds are excluded. CA Immo intends to list the Bonds on the MTF
(Third Market) of the Vienna stock exchange. Settlement is expected
to occur on November 09, 2009.

The Bonds will be offered and sold in an accelerated bookbuilding
only to institutional investors outside of the United States, Canada,
Australia and Japan. No public offering of the Bonds will be made.
Deutsche Bank and UniCredit act as Joint Bookrunners in relation to
the transaction.

IMPORTANT NOTE Not for release, publication or distribution in the
United States, Canada, Japan and Australia. This ad hoc release is
for information purposes only and does not constitute an offer to
sell or a solicitation of an offer to purchase securities in the
United States, Austria or any other jurisdiction. The Bonds and the
shares to be delivered upon conversion of the Bonds have not been
registered under the U.S. Securities Act of 1933, as amended, and may
not be offered, sold or delivered within the United States or to U.S.
persons absent registration under or an applicable exemption from the
registration requirements of the United States securities laws. CA
Immo does not intend to register any offering in the United States or
to publicly offer any securities in the United States. This ad hoc
release is not for general publication, release or distribution in
the United Kingdom and may only be distributed in the United Kingdom
to persons who (i) are investment professionals falling within
article 19(5) of the U.K. Financial Services and Markets Act 2000
(Financial Promotion) Order 2005, in its current version (the
"Order"), or (ii) are high net worth entities or other persons to
whom it may lawfully be communicated falling within article 49(2) (a)
to (d) of the order (all such persons will be termed "Relevant
Persons" below). Anyone in the United Kingdom who is not a Relevant
Person may not act on the basis of this ad hoc release or its
contents. Any investment or investment activity to which this ad hoc
release refers is only available to Relevant Persons and is only
carried out with Relevant Persons. From the date of the announcement
of the final terms of the Bonds, Deutsche Bank Aktiengesellschaft, as
stabilisation manager, may over-allot or effect transactions with a
view to supporting the market price of the Bonds or the Shares at a
level higher than that which might otherwise prevail. Such
stabilising, if commenced, may be discontinued at any time and must
be brought to an end no later than the earlier of 30 days after the
closing date and 60 days after allotment of the Bonds. If commenced,
such stabilising may lead to a market price of the Bonds and/or the
shares which may be higher than the level that would exist if no such
stabilising measures were taken and may indicate to the market a
price stability which without such stabilising might not prevail.
However, there is no obligation to engage in such stabilisation
activities and such stabilisation, if commenced (which may not occur
before the final terms of the Bonds have been announced), may be
discontinued at any time. Stabilisation/FSA.

Forward Looking Statements Certain information contained in this ad
hoc release constitutes "forward-looking statements". Investors are
cautioned that forward-looking statements are inherently uncertain
and involve risks and uncertainties that could cause actual results,
performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements or information. Such
statements include comments regarding the completion and terms of the
proposed Offering and the use of proceeds therefrom. Factors that
could cause actual results or events to differ materially from
current expectations include, among other things, risks relating to
global political or economic uncertainties, unanticipated events
impacting the use of proceeds from the Offering and changes in global
securities markets. Investors and others should not assume that any
forward-looking statement in this ad hoc release represents
management's estimate as of any date other than the date of this ad
hoc release.

Ende der Mitteilung euro adhoc
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ots Originaltext: CA Immobilien Anlagen AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

CA Immobilien Anlagen AG

Investor Relations

Florian Nowotny

Claudia Hainz

Tel.: +43/1/532 59 07-593

eMail: ir@caimmoag.com

www.caimmoag.com

Branche: Real Estate
ISIN: AT0000641352
WKN: 064135
Index: Immobilien-ATX
Börsen: Wien / official market