euro adhoc: AvW INVEST AG / other / AvW expects profits to rise by 50 per cent this year

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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09.05.2006

AvW Invest AG is expecting an increase in net profits of around 50
per cent this year, with the profit per share in the current business
year rising to around 2.20 euros (2005: 1.48 euros), and the gross
profit (POA) to around 8.5 million euros (2005: 5.8 million euros).

This forecast is based on the extraordinary development in financial
services business generally, and particularly in derivatives and
asset management. AvW Chairman Wolfgang Auer von Welsbach is to give
specific figures at the presentation of the results for the first
quarter on 23 May.

The development of the equity participations sector at AvW Invest AG
has been very satisfactory in the first four months, with book
profits standing at around 5 million euros. There has been extremely
pleasing development particularly in the major participations, with
Hirsch Servo rising 2006 from 47.62 to 95,95 euros, S&T from 25.42 to
29.85 euros, and Pankl from 18.63 to 24.50 euros. However, there
have also been strong rises in smaller participations such as Pan
Sino (from 0.25 to 0.70 HKD) and Equigold (from 1,38 to 1,87 AUD).

This strong growth in profits is set to continue over the next few
years, with the profit per share rising to around 3.10 euros in 2007
(up 40 per cent), and over 4 euros in 2010.

AvW Invest AG currently has participations in the following listed
companies (among others): Approx. 15 % S&T AG (SNTS.VI) Approx. 10 %
Hirsch Servo AG (HISE.VI) Approx. 6 % Cash Financial Services Group
(8122.HK) Approx. 5 % Pankl Racing Systems AG(PARS.DE) (AvW Group
approx. 21 %) Approx. 5 % Cancom AG(COKG.DE) Approx. 1 % Macmin
Silver (MMN.AX) Approx. 1 % Equigold (EQI.AX) (AvW Group approx. 2
%) Approx. 1 % Pan Sino (8260.HK) (AvW Group approx. 2 %) Approx. 1 %
Pine Technology (8013.HK)

About AvW Invest AG: AvW Invest AG is a company of the AvW Group
(www.avw.at). AvW shares are listed on the Vienna stock exchange on
the ATX Prime Market (ISIN-number:AT0000930409, Reuters: AVWI.VI).
The Austrian company, which is based in Krumpendorf on Lake
Wörthersee, specialises in the fields of financial services, equity
participations and real estate.

end of announcement euro adhoc 09.05.2006 08:05:47
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ots Originaltext: AvW Invest AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
AvW Invest AG
Nicole Kahn
Investor Relations
Tel.: 04229/3621-25
mailto:n.kahn@avw.at

Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Prime.market
Börsen: Frankfurter Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Wiener Börse AG / official dealing