EANS-News: S IMMO AG / Exchange offer sucessfully closed

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Capital measures

S IMMO AG: Exchange offer successfully closed

On 11 March 2015, stock exchange listed S IMMO AG (Bloomberg: SPI:AV,
Reuters: SIAG.VI; ISIN: AT0000652250, AT0000795737, AT0000630694,
AT0000A19SB5, AT0000A177D2) published a voluntary public exchange
offer with cash-alternative to the holders of S IMMO INVEST
participating certificates, ISIN AT0000795737 and ISIN AT0000630694
for the purchase of S IMMO participating certificates by means of an
alternative exchange and cash offer. The acceptance period ended on
31 March 2015.

The exchange offer with cash-alternative has been accepted in the
acceptance period for 239,095 S IMMO participating certificates with
ISIN AT0000795737 and for 236,674 S IMMO participating certificates
with ISIN AT0000630694, in total therefore for 475.769 S IMMO
participating certificates. This represents 42.08% of the total S
IMMO participating certificate capital (ISIN: AT0000795737 /
AT0000630694). From the acceptance declarations, a part of 84.35% is
attributable to the exchange offer and a part of 15.65% to the
cash-alternative.

Friedrich Wachernig, Member of S IMMO AG's Management Board,
comments: ,,We are delighted that so many of the owners of our
participating certificates accepted our offer. This is another
important step to simplify S IMMO's capital structure."

This announcement does not constitute an offer to purchase securities
of S IMMO AG and constitutes no obligation for S IMMO AG to accept
offers to repurchase securities of S IMMO AG and/or offers to
purchase the 3.25% S IMMO bond 2015- 2025. The exchange offer for the
3.25% S IMMO bond 2015-2025 is already closed.

Further inquiry note:
Investor Relations:
Andreas J. Feuerstein
Phone: +43(0)50100-27556
Fax: +43(0)05100-927556
E-mail: andreas.feuerstein@simmoag.at
www.simmoag.at

Corporate Communications:
Bosko Skoko
Phone: +43(0)50100-27522
Fax: +43(0)05100-927522
E-mail: bosko.skoko@simmoag.at
www.simmoag.at

end of announcement euro adhoc
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company: S IMMO AG
Friedrichstraße 10
A-1010 Wien
phone: +43(0)50100-27550
FAX: +43(0)050100-927559
mail: office@simmoag.at
WWW: www.simmoag.at
sector: Real Estate
ISIN: AT0000652250
indexes: ATX Prime, IATX
stockmarkets: official market: Wien
language: English