conwert Immobilien Invest SE: conwert Immobilien Invest SE with further share buyback programme

Vienna, 21 December 2012 (pta010/21.12.2012/09:55 UTC+1) At the Annual General Meeting of conwert Immobilien Invest SE of 31 May 2012, the Administrative Board was authorised to acquire treasury shares of the company in accordance with § 65 para. 1 (8) as well as para. 1a and 1b of the Stock Corporation Act, within statutory provisions regarding the maximum number of treasury shares, once or several times, up to a maximum of 10% (ten percent) of the share capital for a period of 30 months from the day of the adoption of the resolution, for a minimum price of 1,- EUR and a maximum price of 14,- EUR per share. The acquisition may be conducted over the stock exchange or off exchange in compliance with legal requirements; trading in treasury shares is excluded as a purpose of acquisition. The resolution was published on 31 May 2012 on the website www.conwert.at.

In six previous share buyback programmes (31/01/2008 to 30/06/2008, 29/08/2008 to 25/04/2009, 16/12/2009 to 30/06/2010, 12/07/2010 to 11/10/2010, 18/10/2010 to 30/06/2011 and 01/07/2011 to 31/05/2012) conwert acquired a total of 3,863,964 common shares or 4.527% of the share capital excluding the shares re-issued as a currency for acquisitions.

The Administrative Board of the company hereby exercises the authorisation granted at the Annual General Meeting held on 31 May 2012 and adopts the following seventh share buyback programme:

+ Duration: 04 January 2013 until 31 March 2013
+ Class of shares: Common shares
+ Planned volume: up to 5.473% of the share capital, therefore a maximum of 4,671,963 common shares
+ Purchase price: 1,- EUR to 14,- EUR per share
+ Form of purchase: over the Stock Exchange and off-exchange
+ Purpose: for the purpose permitted by § 65 para. 1 (8) of the Austrian Stock Corporation Act, in particular for the use in the acquisition of companies and properties

Based on the authorisation granted by the Annual General Meeting, the Administrative Board adopted a further share buyback programme because the current share price is roughly 40% below the net asset value of the share (NAV), still providing a good opportunity to acquire treasury shares, which will be used, among other things, as a currency for acquisitions.

Any changes as well as the transactions carried out as part of the share buyback programme will be published on the website of conwert Immobilien SE under www.conwert.at in accordance with the Austrian Stock Exchange Act and the publication directive 2002.

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Emitter:	conwert Immobilien Invest SE Alserbachstraße 32 1090 Wien Austria
Contact Person:	Dr. Clemens Billek
Phone:	+43 / 1 / 521 45-700
E-Mail:	cwi@conwert.at
Website:	www.conwert.at
ISIN(s):	AT0000697750 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)