euro adhoc: AvW Invest AG / Earnings Forecast / AvW raises profit forecast through 2010

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12.07.2007

The Austrian finance group AvW Invest AG has raised its profit
forecast through 2010. For the current financial year, profits are
expected to increase by more than 60 per cent. The earnings per share
are estimated to jump to around EUR 4.20 (2006: EUR 2.61) in 2007,
the net profit to more than EUR 12 million (2006: EUR 7.87 million).

The profit forecasts for the coming years will be significantly
increased: In 2008, the earnings per share are anticipated to climb
to around EUR 5.00, and in 2010 to around EUR 7.00. "This once again
confirms our commitment to continuing on our path of strong profit
growth", says Wolfgang Auer von Welsbach, Chairman of the AvW
Management Board.

This continuing rise in profits is due to the above-average growth in
earnings from the company´s financial services and investment
segments. "The areas of derivatives and investment management are
booming. We will also dispose of one or the other of our investments
within the next three years, in order to realise the book profits we
have accumulated", continues Mr. Auer von Welsbach.

The half-year figures for AvW Invest AG will be published on 13
August 2007.

About AvW INVEST AG The Austrian company, which is domiciled in
Krumpendorf at Lake Wörthersee, specialises in the fields of
financial services, equity investments and real estate. AvW´s shares
are listed on the Vienna Stock Exchange on the ATX Prime Market (ISIN
number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS). More
information about AvW is available on the Internet at www.avw.eu.

end of announcement euro adhoc 12.07.2007 08:31:39
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ots Originaltext: AvW Invest AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
AvW INVEST AG
Mag. Brigitte Burger
Investor Relations
Tel.: 04229/3621-24
mailto:b.burger@avw.eu

Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Prime.market
Börsen: Börse Frankfurt / free trade
Börse Stuttgart / free trade
Wiener Börse AG / official dealing