EANS-Adhoc: shaPE Capital AG / Semi-annual results per 30 June 2010

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6-month report/Semi-annual report

31.08.2010

shaPE Capital AG ("shaPE", the "Company") reports a comprehensive
income of CHF 4.0 million for the first half-year 2010. As of 30 June
2010 the unaudited net asset value per share stood at CHF 184.33,
which represents an increase by 7.5% over the first half-year.
Although the share price increased by 31.3% over the period the
shares still trade at a discount of 50.5% relative to the net asset
value per share.

Over the first half-year shaPE concentrated its efforts on the
further de-risking of the investment portfolio and the execution of
the realization strategy. Besides the setup of a new CHF 12 million
credit line shaPE sold three mainly unfunded limited partnership
interests. Per 30 June 2010 total unfunded commitments amounted to
CHF 66 million, representing a decrease of CHF 31 million or -32% vs.
year end. After the reporting date shaPE agreed on the sale of four
additional partnership interests that will result in a further
reduction of unfunded commitments by approx. CHF 10 million and at
the same time will improve the liquidity.

Under the running share buyback program a total number of 69´275 own
shares or 8.2% of total capital was repurchased throughout the
period. As per 30 June 2010, holdings in own shares amounted to
83´488 shares or 9.8% of total share capital. shaPE intends to
continue its buyback activities as long as the discount remains at
elevated levels. At the same time opportunistic sales of further fund
interests in the secondary market will be considered if such sales
either entail a significant reduction in unfunded commitments or if
they can be realized close to or at the intrinsic value. Nonetheless
it is expected that the realization strategy will require several
more years.

The full semi-annual report 2010 is available on
www.shape-capital.com.

end of ad-hoc-announcement ==========================================
====================================== shaPE is a SIX Swiss
Exchange-listed investment company with exposure to a global private
equity portfolio built over the past years. In 2009 shaPE decided to
initiate a realization strategy with the ultimate goal to return the
intrinsic value of the current portfolio to its shareholders. Under
this realization strategy shaPE does not make any new commitments to
private equity funds, but focuses on harvesting the value of the
current portfolio over the coming years. shaPE is listed on the SIX
Swiss Exchange under the ticker symbol “SHPN”.

end of announcement euro adhoc
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ots Originaltext: shaPE Capital AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Dr. Simon Lamprecht

shaPE Capital AG

Wolleraustrasse 41a

8807 Freienbach

Phone: +41 58 596 12 96

Fax: +41 58 596 12 97

E-mail: info@shape-capital.com

Internet: www.shape-capital.com

Branche: Financial & Business Services
ISIN: CH0012885841
WKN: 765355
Börsen: SIX Swiss Exchange / official dealing