alstria office REIT-AG

Board/Management Information • May 8, 2007

News Details

Corporate | 8 May 2007 10:16

Alstria Office AG: alstria complements its management board and appoints

Alstria Office AG / Change of Personnel

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

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

alstria complements its management board and appoints Alexander Dexne as
CFO

Hamburg, 8 May 2007 – Alstria Office AG (alstria), a real estate company
solely focused on acquiring, owning and managing office real estate in
Germany, is pleased to announce Alexander Dexne as member of the Management
Board, Chief Financial Officer (CFO). Alexander Dexne will assume office at
the beginning of June 2007.

Alexander Dexne has a wide-ranging experience in Corporate Finance and
capital market activities.

Prior to joining alstria, Alexander Dexne was CFO of the publicly listed
company Medigene AG based in Munich. Here he was responsible for all
activities relating to Corporate Finance, Investor Relations as well as
Controlling and Accounting. Before that he worked for the Hamburg-based
Kiwilogic AG, where he also held the position of CFO. Before joining
Kiwilogic, Alexander Dexne spent more than 7 years with the European
headquarters of Olympus Optical Japan. In his last position as General
Manager Finance & Controlling Europe he was responsible for all activities
around controlling, finance and accounting. Alexander Dexne started his
professional career at Price Waterhouse Unternehmensberatung where he
worked as Management Consultant in the Hamburg office.

Alexander Dexne holds a masters degree (Diplom-Volkswirt) in Economic
Science from the University of Göttingen as well as an MBA from Massey
University in New Zealand. He has completed the Advanced Management College
of Stanford University as well as a Financial Management Program at
Columbia University in New York.

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 is valued
at Euro 1,601 million. This includes two residential real estate properties
for which a sale and purchase agreement has been executed in order to
enable the company to meet the requirements to convert into a G-REIT. The
economic transfer of these properties to the purchaser is expected to occur
in July 2007.

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 release constitutes neither an offer to sell nor a solicitation of an
offer to buy any securities. The securities have already been sold.

This 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 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 08.05.2007

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); Freiverkehr
in Berlin-Bremen, Hamburg, München, Stuttgart

End of News DGAP News-Service

---