PATRIZIA AG

Board/Management Information • Jun 6, 2007

News Details

Ad-hoc | 6 June 2007 07:28

PATRIZIA Immobilien AG: Management Board contracts extended

PATRIZIA Immobilien AG / Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc disclosure in accordance with Article 15 of the
Wertpapierhandelsgesetz (WpHG – German Securities Trading Act)

PATRIZIA Immobilien AG: Management Board contracts extended

Augsburg, June 6, 2007. PATRIZIA Immobilien AG (ISIN DE000PAT1AG3) today
announced that the Supervisory Board had prematurely extended the
Management Board contracts of the CEO Wolfgang Egger and of the CIO Alfred
Hoschek. The contracts that were due to expire in November 2007 were
extended by another five years until November 2012.

The extension of the Management Board contracts shows continuity in the
management of the company. It also enables Wolfgang Egger, the founder and
CEO of PATRIZIA Immobilien AG, to continue shaping the company’s strategy
and further drive the company’s growth.

The Managing Board

Augsburg, June 6, 2007
PATRIZIA Immobilien AG
PATRIZIA Bürohaus
Fuggerstrasse 26
D-86150 Augsburg
Germany

Admitted to trading on the Official Market (Prime Standard) of the
Frankfurt Stock Exchange.
ISIN: DE000PAT1AG3
SIN: PAT1AG

Contact:
Investor Relations
Claudia Kellert
Phone +49 (0)821 50910-360
Fax:+49 (0)821 50910-399
investor.relations@patrizia.ag

Press
Astrid Schüler
Phone +49 (0)821 50910-623
Fax +49 (0)821 50910-695
presse@patrizia.ag

DGAP 06.06.2007

Language: English
Issuer: PATRIZIA Immobilien AG
Fuggerstraße 26
86150 Augsburg Deutschland
Phone: +49 (0)821 - 509 10-000
Fax: +49 (0)821 - 509 10-999
E-mail: investor.relations@patrizia.ag
www: www.patrizia.ag
ISIN: DE000PAT1AG3
WKN: PAT1AG
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, München, Hamburg, Düsseldorf, Stuttgart

End of News DGAP News-Service

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