alstria office REIT-AG

Delisting Announcement • Apr 3, 2007

News Details

Ad-hoc | 3 April 2007 01:03

Alstria Office AG: alstria sets offer price and placement size

Alstria Office AG / IPO

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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Not for distribution in or into the United States, Canada, Japan or
Australia

alstria sets offer price and placement size

Hamburg, 02 April 2007 – Alstria Office AG (alstria), the selling
shareholder and the syndicate banks have jointly set the offer price at
Euro 16.00 per share. A total of 27.335 million shares were placed, of
which, 16 million shares resulted from a capital increase, 9.4 million
shares from the selling shareholder and 1.935 million shares from
over-allotments.

The total placement size (including over-allotments of Euro 30.96 million)
amounts to Euro 437.36 million. Alstria Office AG expects to receive gross
proceeds of Euro 256 million from the capital increase of 16 million
shares.

The first day of trading on the Regulated Market (Prime Standard) at the
Frankfurt Stock Exchange is expected to be Tuesday, 3 April 2007. The
trading symbol is 'AOX'.

Within the framework of the public offering in Germany and Luxembourg
approximately 98 percent of the shares were placed with institutional
investors and approximately 2 percent with private investors. Shares were
allocated to institutional investors abroad as part of a private placement
(including a private placement in reliance on Rule 144A in the USA). The
allocation within the framework of the offering to private investors took
place in compliance with the Principles for the Allocation of Stock Issues
to Private Investors, which were published on June 7, 2000 by the Stock
Exchange Expert Commission at the Federal Ministry of Finance. The
allocation took place in accordance with uniform criteria ('standardized
allocation') for all the syndicate banks. Accordingly, all the subscription
orders from private investors placed with a syndicate bank were allocated
in full.

About alstria

Alstria Office AG (alstria) is a real estate company which is solely
focused on acquiring, owning and managing office real estate in Germany.
alstria was founded in January 2006 and its headquarters are based in
Hamburg.

alstria owns a diversified portfolio of properties across attractive German
office real estate markets. Its current portfolio comprises 71 properties
with an aggregate lettable space of approximately 774,000 sqm and a total
value of Euro 1,601 million. This includes two residential real estate
properties for which a sale and purchase agreement has been executed with a
third party but which are still owned by alstria and will only economically
be transferred to the purchaser in July 2007 and will legally be
transferred thereafter.

alstria intends to expand its portfolio significantly in the upcoming years
as part of a sustainable growth strategy based on selective investments and
active asset and portfolio management as well as on establishing and
maintaining good relationships with its key customers and decision makers.

For further information, please see: www.alstria.de

Contact:

Utta Tuttlies
Phone: +49 - 40 - 22 63 41-340
E-Mail: ututtlies@alstria.de

Disclaimer

This press release constitutes neither an offer to sell nor a solicitation
of an offer to buy any securities. An offer is being made solely by means
and on the basis of the prospectus and its supplements, published in the
internet under www.alstria.de and available free of charge at:

• Alstria Office AG, Fuhlentwiete 12, 20355 Hamburg, Germany (Fax: +49
(0)40 226341 – 310)

This press release and the information contained herein are not for
distribution in or into the United States of America and must not be
distributed to U.S. persons (as defined in Regulation S of the U.S.
Securities Act of 1933, as amended ('Securities Act')) or to publications
with a general circulation in the United States. This press release does
not constitute an offer or invitation to purchase any securities in the
United States. The securities of Alstria Office AG have not been registered
under the Securities Act and may not be offered, sold or delivered within
the United States or to U.S. persons absent registration or an exemption
from the registration requirements of the Securities Act. There will be no
public offering of securities in the United States of America.

This document is directed only at persons (i) who are outside the United
Kingdom or (ii) who have professional experience in matters relation to
investments falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the
'Order') or (iii) who fall within Article 49(2) (a) to (d) ('High net worth
companies, unincorporated associations etc.') of the order (all such
persons together being referred to as 'relevant persons'). Any person who
is not a relevant person must not act or reply on this communication or any
of its contents. Any investment or investment activity to which this
communication relates is available only to relevant persons and will be
engaged in only with relevant persons. This document is not directed at
private customers, as defined by the Financial Services Authority in the
UK, who should not rely on this communication.

Contact:

Utta Tuttlies
Phone: +49 - 40 - 22 63 41-340
E-Mail: ututtlies@alstria.de

DGAP 03.04.2007

Language: English
Issuer: Alstria Office AG
Fuhlentwiete 12
20355 Hamburg Deutschland
Phone: +49 (0)40 226 341 300
Fax: +49 (0)40 226 341 310
E-mail: info@alstria.de
www: www.alstria.de
ISIN: DE000A0LD2U1
WKN: A0LD2U
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard)

Notierung vorgesehen

End of News DGAP News-Service

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