EANS-Adhoc: S IMMO AG decides to launch share repurchase programme

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03.10.2011

S IMMO AG decides to launch share repurchase programme

The Management Board of S IMMO AG (Bloomberg: SPI:AV, Reuters:
SIAG.VI; ISIN: AT0000652250, AT0000795737 and AT0000630694) has
resolved today to make use of the authorisation to repurchase
treasury shares granted by the resolution of the 21st Annual General
Meeting on 21 May 2010 and to repurchase up to 3% of the shares
issued by the Company, i.e. up to 2,043,561 no-par value shares, by
way of a share repurchase programme.

According to the above mentioned General Meeting resolution the
Management Board has been authorised to repurchase up to 10% of the
registered share capital of S IMMO AG within 30 months following the
day of the General Meeting in accordance with section 65 para 1 no 8
of the Austrian Stock Corporation Act. This resolution was published
on 21 May 2010 in accordance with section 82 para 8 and 9 of the
Austrian Stock Exchange Act, on the website of S IMMO AG and in the
official gazette of the Wiener Zeitung (Amtsblatt zur Wiener Zeitung)
dated 29/30 May 2010.

The Company now intends to repurchase via the stock exchange treasury
shares up to 3% of the registered share capital, i.e. up to 2,043,561
no-par value shares of the Company. The repurchase is made for any
purpose allowed by section 65 para 1 no 8 of the Austrian Stock
Corporation Act. The Company reserves the right to cancel the
acquired treasury shares, to build-up an acquisition currency for
potential share and real estate acquisitions or resell the shares via
the stock exchange. The repurchase programme shall start on 06
October 2011 and is expected to end on 31 May 2012 at the latest.

The repurchase relates to the no-par value bearer shares (ordinary
shares) of S IMMO AG (ISIN: AT0000652250) and will be effected via
the Vienna Stock Exchange. The maximum price per share shall not be
more than 15% above the respective average market price over the
three trading days preceding the respective repurchase and the
minimum price per share shall not be lower than the pro rata amount
of the registered share capital per share.

This publication also serves as publication pursuant to section 4 and
5 of the Austrian Disclosure Regulation 2002 (BGBl II 2002/112 -
VeröffentlichungsV). The publication of any changes in the repurchase
programme pursuant to section 6 of the Austrian Disclosure Regulation
as well as the publication of the transactions effected in the course
of the repurchase programme pursuant to section 7 of the Austrian
Disclosure Regulation will be made on the website of S IMMO AG
http://www.simmoag.at/en/investor-relations/share-repurchase.

This publication shall not constitute an offer for the acquisition of
S IMMO Shares and shall not create any obligation of the Company to
accept any offers for the repurchase of S IMMO Shares.

Further inquiry note:
Investor Relations:
Sylwia Milke
phone: +43(0)50100-27402
fax: +43(0)05100-927402
mailto:sylwia.milke@simmoag.at
www.simmoag.at

Corporate Communications:
Bosko Skoko
phone: +43(0)50100-27522
fax: +43(0)05100-927522
mailto:bosko.skoko@simmoag.at
www.simmoag.at

end of announcement euro adhoc
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issuer: 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