EANS-Adhoc: S IMMO AG: further repurchase of shares and participating certificates

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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announcement.
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Repurchase of participating certificates

21.06.2012

S IMMO AG: further repurchase of shares and participating
certificates

The Management Board of S IMMO AG (Bloomberg: SPI:AV, Reuters:
SIAG.VI, ISIN: AT0000652250, AT0000795737 and AT0000630694) has, with
the approval of the Supervisory Board, decided to repurchase treasury
shares as authorised by resolution of the 23rd Annual General Meeting
on 01 June 2012: Up to 3% of the issued share capital - a maximum of
2,043,561 shares - can be acquired as part of a share repurchase
programme.

The resolution of the Annual General Meeting authorised the
Management Board, in accordance with section 65(1)(8) Austrian
Companies Act (AktG), to repurchase up to 10% of S IMMO AG's issued
share capital within 30 months of the date of the Annual General
Meeting, given the approval of the Supervisory Board. Pursuant to
section 82(8) and (9) Austrian Stock Exchange Act (BörseG), the
resolution was published on S IMMO AG's website on 05 June 2012 and
in the Official Gazette in the Wiener Zeitung of 08 June 2012.

The Company is planning to repurchase up to 3% of the issued share
capital, a maximum of 2,043,561 shares. The repurchases may be for
any of the purposes specified in section 65(1)(8) Austrian Companies
Act (AktG). The repurchase programme will begin on 27 June 2012 and
will end at the latest on 27 June 2013.

The repurchase relates to the bearer shares of S IMMO AG (ISIN:
AT0000652250) and may be effected on or off the Vienna Stock
Exchange. The price per share may be no lower than EUR 1.00 and no
more than 15% higher than the average quoted price on the Vienna
Stock Exchange over the three trading days preceding the relevant
repurchase.

This publication is also a publication pursuant to sections 4 and 5
of the Austrian Publication Order 2002 (BGBl II 2002/112 -
VeröffentlichungsV). The publication of any changes to the repurchase
programmes for the purposes of section 6 Austrian Publication Order
2002 as well as any transactions related to the repurchase programmes
under section 7 Austrian Publication Order 2002 will be on
S IMMO AG's website, at www.simmoag.at/en/investor-relations/share-
repurchase.

The Management Board has also, with the approval of the
Supervisory Board, decided on a further repurchase programme for
S IMMO INVEST participating certificates (ISIN AT0000795737 and
ISIN AT0000630694) until 21 June 2013. A maximum of 10% of the
participating certificates may be repurchased, 290,542
certificates. The price per certificate may be no lower than
EUR 1.00 and no more than 2% higher than the total entitlement per
certificate as shown in the most recently published quarterly
report. Repurchases may be made on or off the stock exchange.
S IMMO AG reserves the right to entirely or partially cancel the
repurchased participating certificates.

This announcement does not constitute a public offer to acquire S
IMMO shares and / or S IMMO INVEST participating certificates and
does not obligate the Company to accept offers for repurchase of
S IMMO AG shares and / or S IMMO INVEST participating certificates.

Further inquiry note:
Investor Relations:
Andreas J. Feuerstein
Phone: +43(0)50100-27556
Fax: +43(0)05100-927556
E-mail: andreas.feuerstein@simmoag.at
www.simmoag.at

Corporate Communications:
Bosko Skoko
Phone: +43(0)50100-27522
Fax: +43(0)05100-927522
E-mail: 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