euro adhoc: Warimpex Finanz- und Beteiligungs AG / Buybacks / Resolution of the management board regarding exercise of the authorisation to acquire the Company´s own shares and the publication of the

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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14.07.2008

Publication pursuant to section 65 para 1 No 8 of the Austrian Stock
Corporation Act (AktG) in connection with sections 4 and 5 of the
Publication Ordinance, 2002

Resolution of the management board regarding exercise of the
authorisation to acquire the Company´s own shares and the publication
of the buy-back program:

1. Date of the authorisation resolution of the general meeting of the
shareholders: 29 May 2008
2. Date and form of the publication of the resolution: 29 May 2008 via the
electronic information processing system Reuters, Bloomberg
3. Start and expected duration of the buy-back program: 21 July 2008 until
31 December 2008.
4. Class of shares to which the buy-back program is related: No-par value
bearer shares of Warimpex Finanz- und Beteiligungs Aktiengesellschaft (the
"Shares")
5. Intended number of Shares to be acquired: up to 3.600.000 shares being
up to 10 % of the nominal capital of Warimpex Finanz- und Beteiligungs
Aktiengesellschaft
6. Lowest consideration: EUR 3,00 per share. Highest consideration: The
highest consideration per share shall not exceed EUR 8,00.
7. The way and the purpose of the program of the acquisition of Shares, in
particular whether the buy-back shall be carried out over the stock exchange
and/or in a trade sale, whether the buy-back shall include a take-over bid,
whether the Shares shall be redeemed or resold or used for the purposes of an
employee participation program: The buy-back shall be carried out over the stock
exchange. A takeover bid will not be made to acquire the Shares. The purpose of
the buy-back is to improve the offer and demand for Warimpex shares on the
Vienna Stock Exchange, whereas the trade in own shares is excluded as
acquisition purpose. The Company reserves the right to use the acquired Shares
to grant them as consideration for the acquisition of companies, businesses or
shares in one or several companies in Austria or abroad as well as to grant them
as consideration for the transfer of real estate or real estate participations
to the Company or its subsidiaries or to grant them as bonus to employees,
provided that the respective necessary shareholders´ resolutions of the Company
exists. On the occasion of the buy-back program no redemption of Shares shall
take place.
8. Possible effects of the buy-back program on the listings of the Shares
of the issuer: none
9. Extent of the currently granted or planned stock options within the
scope of the stock options plans for executive employees or members of the
management or supervisory board of the issuer: Currently there are no plans to
grant stock options.

Amendments (section 6 of the Publication Ordinance 2002) and carried
out transactions (section 7 of the Publication Ordinance 2002) shall
be published exclusively on the website of Warimpex Finanz- und
Aktiengesellschaft: www.warimpex.com

end of announcement euro adhoc
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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 00

Christoph Salzer

mailto:presse@warimpex.com

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