alstria office REIT-AG

AGM Information • Mar 28, 2007

News Details

Ad-hoc | 28 March 2007 10:17

Alstria Office AG: Extraordinary General Meeting of Shareholders Established Framework For Conversion into G-REIT

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

Extraordinary General Meeting of Shareholders Established Framework For
Conversion into G-REIT

Hamburg, 28 March 2007 - Today the extraordinary general meeting of
shareholders of Alstria Office AG on the basis of the resolution of the
German Federal Parliament (Bundestag) of March 23, 2007 on the Law for the
Creation of German Real Estate Stock Corporations with Listed Shares
(BR-Drucksache 191/07) (G-REIT Law) resolved to amend the company's
articles of association. The amendment of the articles of association is a
prerequisite for the company to obtain G-REIT status.

The status of a G-REIT, however, will be obtained only upon registration of
the amendment of the articles of association in the commercial register
which may be effected only after the law has come into force. For this, the
approval of the G-REIT Law by the German Federal Council (Bundesrat), which
is expected to occur on March 30, 2007, the execution of the law by the
German Federal President (Bundespräsident) and the publication in the
Federal Law Gazette (Bundesgesetzblatt) are required. Furthermore, the
shares of the company are required to be admitted to trading on an
organized market before G-REIT status can be achieved. This requirement is
expected to be fulfilled next week when the shares of the company are
expected to be listed and trading in the shares is expected to commence on
the Regulated market (Prime Standard) of the Frankfurt Stock Exchange. In
addition, in order to fulfill a further prerequisite for G-REIT status, the
shareholding of the main shareholder is subsequently to be restructured
such that it does not directly hold more than 10% of the company's shares.

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 63 real estate
properties with an aggregate lettable space of approximately 620,000 sqm
and a total value of Euro 1,380 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. If one takes into consideration an acquisition
recently agreed with UBS Real Estate Kapitalanlagegesellschaft mbH,
alstria’s portfolio would include 71 properties with an aggregate lettable
space of approximately 774,000 sqm and a total value of Euro 1,601 million.

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)
• J.P. Morgan Securities Ltd., Junghofstraße 14, 60313 Frankfurt am Main,
Germany (Fax: +49 (0)69 7124 1159)
• J.P. Morgan, 6 Route de Treves, Senningerberg L-2633 Luxembourg (Fax:
+352 34108000)
• Deutsche Bank Aktiengesellschaft, Große Gallusstraße 10-14, 60311
Frankfurt am Main, Germany (Fax: +49 (0)69 910 38587)
• M.M. Warburg & CO Kommanditgesellschaft auf Aktien, Ferdinandstraße 75,
20095 Hamburg, Germany (Fax: +49 (0)40 36181109)

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 28.03.2007

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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