euro adhoc: Warimpex Finanz- und Beteiligungs AG / Financing, Stock Offerings (IPO) / Warimpex successfully prices IPO in Vienna and Warsaw

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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24.01.2007

Warimpex successfully prices IPO in Vienna and Warsaw

- Offer price set at EUR 11.00 (PLN 42.83) per share
- Offering over-subscribed - strong demand throughout Europe
- First day of trading Scheduled for 26th January (Vienna) and 29th January
(Warsaw)
Fresh capital (net proceeds of approximately EUR 58.5 million) to fund

continued growth

Vienna and Warsaw, 24 January 2007

Warimpex Finanz- und Beteiligungs AG priced its Initial Public
Offering today. The shares will be listed and traded on the Vienna
and Warsaw Stock Exchanges, the offer price having been set at
EUR 11.00 (PLN 42.83) per share. The offering of 10 million
shares - (including greenshoe) - was significantly over- subscribed,
with both strong retail and institutional demand from investors in
Austria and Poland as well as institutional demand
throughout Europe. Approximately 33 percent of the offering was
placed in Poland. The issued share capital following the IPO will be
36 million shares, corresponding to a market capitalisation of
approx. EUR 396 mn. With the exercise of the greenshoe, the free
float will be 27.8 %.

Warimpex Finanz- und Beteiligungs AG, headquartered in Vienna, is a
real estate development and investment company with a special focus
on hotel properties in Central and Eastern Europe. 6 million new
shares plus 3 million existing shares owned by the founding
shareholders were offered to investors in Austria and Poland
through a public offering, and to institutional investors in Europe
by way of a private placement. The greenshoe comprised a further 1
million shares. The settlement date for the completion of the offer
is 26 January; trading on the Prime Market in Vienna is scheduled
to start on 26 January and in Warsaw on 29 January 2007. Warimpex
intends to use the fresh influx of capital (approximately
EUR 58.5 million net proceeds) primarily to finance its
continued growth strategy.

The transaction was handled by CA IB / Bank Austria
Creditanstalt as lead manager and bookrunner with Raiffeisen
Centrobank as co-lead manager.

Disclaimer

The information contained herein is not for publication or
distribution to United States Persons or to publications with a
general circulation in the United States. These materials are not
an offer for sale of the securities in the United States. No
public offering of the securities will be made in the United
States. The securities referred to herein have not been and will not
be registered pursuant to the US Securities Act of 1933, as amended,
and may not be offered or sold in the United States without
registration thereunder or pursuant to an available exemption
therefrom.

end of announcement euro adhoc 24.01.2007 11:41:16
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ots Originaltext: Warimpex Finanz- und Beteiligungs AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Warimpex Finanz- und Beteiligungs AG
Phone: +43 1 310 55 07-0
DI Christoph Salzer
mailto:presse@warimpex.com
Mag. Daniel Folian, mailto:investor.relations@warimpex.com
www.warimpex.com

Branche: Real Estate
ISIN: AT0000827209
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / official market