EANS-Adhoc: CA Immobilien Anlagen Aktiengesellschaft / CA IMMOBILIEN ANLAGEN AG prices convertible bond offering

--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------

Company Information/Convertible Bond

04.11.2009

Not for publication or distribution in the United States, Australia,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

CA IMMOBILIEN ANLAGEN AG prices convertible bond offering
Vienna, 04 November 2009.

Offering size: EUR 135 million
Greenshoe option : up to EUR 15 million
Coupon: 4.125%
Conversion price: EUR 11.5802

CA Immobilien Anlagen AG ("CA Immo") announces the pricing of its
convertible bond offering, to selected institutional investors
outside of the United States, Canada, Australia, and Japan, of EUR
135 million senior, unsecured convertible bonds (the "Bonds"). This
amount includes the exercised upsize option of EUR 35 million.
Furthermore, the Issuer has granted the Joint Bookrunners a greenshoe
option of up to EUR 15 million to cover over-allotments (if any),
which can be exercised by the Joint Bookrunners until two business
days prior to settlement (planned on 9 November 2009). The total
issue size can therefore amount up to EUR 150 million.

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

The Bonds have a maturity of five years and 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 semi-annual coupon has been set at 4.125 % p.a. (from a coupon
range of 3.75 % to 4.50%). The initial conversion price has been set
at EUR 11.5802, which represents a conversion premium of 27.5% above
the reference price of EUR 9.0825. The pre-emptive rights of
shareholders of CA Immo to subscribe to the Bonds are excluded.

Deutsche Bank and UniCredit are acting as Joint Bookrunnners.

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
--------------------------------------------------------------------------------

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