DIC Asset AG — Capital/Financing Update 2011

Apr 13, 2011

News Details

Ad-hoc | 13 April 2011 08:01

DIC Asset AG plans corporate bond

DIC Asset AG / Key word(s): Miscellaneous

13.04.2011 08:01

Dissemination 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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The SDAX-listed real estate company DIC Asset AG (WKN 509840 / ISIN
DE0005098404) has decided in principle to issue a five-year corporate bond
with a volume of up to EUR 100 million. The debt securities are intended
for private and institutional investors in Germany and Austria within the
framework of a public offer. It is set to be available for subscription
from early May 2011 onwards in denominations of EUR 1,000. The company is
planning to admit the bond in the Segment Entry Standard for bonds of
Deutsche Börse AG.

DIC Asset AG is therefore the first listed real estate company in Germany
to offer such a large-volume corporate bond to the capital market. Issuing
a corporate bond also gives the company an additional flexible and
attractive option for debt financing in addition to the classic mortgage
loan.

Further details about the bond are expected to be announced in late April
2011. The prospectus necessary for the public offer is also set to be
published in late April 2011 on the website of DIC Asset AG. The company
has commissioned Berenberg Bank as the global coordinator and bookrunner
for placing the bond.

This document does not constitute an offer to sell or a solicitation of an
offer to buy or subscribe for any securities of DIC Asset AG.

The public offering of the notes will only be made in the Federal Republic
of Germany and the Republic of Austria and will be made on the basis of a
securities prospectus which is yet to be approved by the German
Bundesanstalt für Finanzdienstleistungsaufsicht which will be published one
bank working day prior to the offer at the latest. The prospectus will be
available for download on the website of the company
(www.dic-asset.de/investor-relations), and on the website of Deutsche Börse
AG. This securities prospectus will be the exclusive controlling document
for purposes of the proposed offer and will contain the information legally
required to be provided to investors. Printed copies of the prospectus will
also be available from the company.

The securities of DIC Asset AG referred to herein have not been and will
not be registered under the U.S. Securities Act of 1933 and the company
does not intend to make an offer of such securities in the United States of
America.

This document contains forward-looking statements. Forward-looking
statements are all statements that do not refer to historical facts or
events, but contain wording such as 'believes', 'estimates', 'assumes',
'expects', 'anticipates', 'foresees', 'intends', 'hopes', 'could' or
similar expressions. These forward-looking statements are subject to risks
and uncertainties, as they relate to future events and are based on current
assumptions by DIC Asset AG, which may not occur at all in the future or
may not occur as assumed. They do not represent a guarantee for future
results or performance of DIC Asset AG and the actual financial condition
and results of operations of DIC Asset AG, as well as the development of
economic and legal conditions, may materially differ from the information
expressed or implied in the forward-looking statements. As a result,
investors are cautioned against relying on the forward-looking statements
contained herein as a basis for their investment decisions regarding DIC
Asset AG.

DIC Asset AG assumes no obligation to update or revise any forward-looking
statement contained herein or to adapt them to future events or
developments.

13.04.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: DIC Asset AG
Eschersheimer Landstr. 223
60320 Frankfurt
Deutschland
Phone: +49 69 9454858-0
Fax: +49 69 9454858-99
E-mail: info@dic-asset.de
Internet: www.dic-asset.de
ISIN: DE0005098404
WKN: 509840
Indices: S-DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service

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