conwert Immobilien Invest SE: Announcement of the intention to dispose of treasury shares in acc. with Art. 82 Sec. 9 StockEx Act

in conjunction with Art. 5 Sec. 1 Publication Ordinance

Vienna (pta022/26.05.2015/15:30 UTC+2) Announcement of the intention to dispose of treasury shares in accordance with Art. 82 Sec. 9 Stock Exchange Act in conjunction with Art. 5 Sec. 1 Publication Ordinance

At the Annual General Meeting on 31 May 2012 the Administrative Board of conwert Immobilien Invest SE was granted authorisation to acquire treasury shares and to sell repurchased treasury shares. The resolution was published on the website http://www.conwert.at on 31 May 2012.

+ Probable date of disposal: 29 May 2015
+ Class of shares: ordinary shares (CWI/AT0000697750)
+ Volume: 1,000,000 ordinary shares (around 1.172% of the share capital)
+ Disposal price: EUR10 (discount of 19% against the closing price of ordinary shares on 22 May 2015) per ordinary share
+ Type of disposal: over-the-counter
+ Purpose: fulfilling the obligation in an option agreement related to the acquisition of a majority stake in KWG Kommunale Wohnen AG
+ Possible impact of the transfer on stock exchange listing: none

Any changes (Art. 6 Publication Ordinance) and the announcement of any transactions carried out in the course of transferring the treasury shares (Art. 7 Publication Ordinance), as well as further disposals of treasury shares will be published on the website of conwert Immobilien Invest SE at http://www.conwert.at in accordance with the Stock Exchange Act and the Publication Ordinance.

Probable date of disposal	Class of shares	No. of shares	% of share capital	Highest anticipated price per share in EUR	Lowest anticipated price per share in EUR
29 May 2015	Ordinary shares (CWI/AT0000697750)	1,000,000	around 1.172%	10	10

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This report contains forward-looking estimates and statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. We would like to point out that the actual circumstances and. consequently, the actual results realised at a later date may differ from the forecasts presented in this report for a variety of reasons.

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