EANS-Adhoc: Reshaping of shaPE Capital AG - Disposal of partnership interests, update on share buyback program and temporary fee reduction

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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08.04.2009

Pfaeffikon SZ, 8 April 2009

Disposal of limited partnership interests

shaPE Capital AG (the "Company") announced today that it has entered
into a final agreement to sell 15 partnership interests, managed by
nine different General Partners. The funds sold represent roughly 25
percent of the existing investments. Through the disposal the Company
generates a substantial cash position and reduces the open
commitments. In addition, the transaction results in a rebalancing of
the portfolio in line with the previously communicated investment
strategy: The remaining core portfolio will have a further reduced
exposure to the large buyout and to the venture capital segment
whereas the exposure to small and medium sized buyouts as well as to
the "Rest of World" segment will increase.

Update share buyback program

Under the share buyback program the Company recently reported
holdings of own shares of 5.745 percent. The generated cash and
reduced open commitment will allow the Company to continue with
buying back further shares. The Board of Directors of the Company
intends to propose the destruction of these shares on the occasion of
the upcoming annual shareholders´ meeting on 19 May 2009.

Temporary fee reduction

In an effort to demonstrate its continuous support of the Company in
these turbulent times, the Investment Manager of shaPE, Horizon21
Private Equity (Cayman) Ltd., has offered to waive half of the
management fees earned in the financial year 2009.

end of ad-hoc-announcement ==========================================
====================================== shaPE Capital AG (“shaPE”) is
an investment company domiciled in Pfaeffikon SZ that follows the
principle of a fund of funds and provides access to private equity
investments. Diversified by regions, investment stages and vintage
years, shaPE invests in globally selected private equity companies.
shaPE was founded in 2001 and 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

Poststrasse 4

8808 Pfäffikon SZ

Tel: +41/55/415'28'20

E-Mail: simon.lamprecht@horizon21.com

Internet: www.shape-capital.com

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