DO & CO AG — Share Issue/Capital Change 2010

Nov 27, 2010

News Details

Ad-hoc | 27 November 2010 15:40

DO & CO Restaurants & Catering AG:

DO & CO Restaurants & Catering AG / Key word(s): Capital Increase

27.11.2010 15:40

Dissemination of an Ad hoc announcement, 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 RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA.

* Successful Capital Increase of DO & CO Restaurants & Catering AG
* Subscription and offer price set at EUR 21.90
* Exchange rate EUR/TRY 1.9719 - offer price in global offering thus 43.18
TRY per share
* Net proceeds from capital increase and sale of treasury shares
approximately EUR 40 Mio. - all offered existing shares placed,
over-allotment exercised in full
* Transaction (including shares for overallotment) more than 8 times
subscribed

Following the end of the subscription and offer period, DO & CO Restaurants
& Catering AG today set the subscription and offer price for its capital
increase at EUR 21.90 per offered share. In total, 1,948,800 new shares and
147,078 treasury shares were allocated with resulting net proceeds to DO &
CO of approximately EUR 40 million.

All of the 604,318 existing shares offered by the two core shareholders
Attila Dogudan Privatstiftung und DZR Immobilien und Beteiligungs GmbH were
placed. The over-allotment was exercised in the full amount, i.e. 405,030
existing shares offered by the core shareholders. The total transaction
volume thus amounts to EUR 68 million.

The transaction volume (including the over-allotment shares) was more than
8 times subscribed, with demand from institutional investors in the UK and
Poland as well as in Austria and Turkey particularly strong.

The capital increase results in an increase of the share capital of DO & CO
Restaurants & Catering AG from 7,795,200 to 9,744,000 shares and an
increase in the market capitalisation - on the basis of the closing price
of the share on the Vienna Stock Exchange on 26 November 2010 of EUR
194,100,480.00 to EUR 242,625,600.00.

As a result of the transaction, the free float of the Company will increase
from currently 19% to approximately 47%. If stabilisation measures are
conducted and all of the over-allotment shares are bought back from the
market, the free float following such stabilisation measures would amount
to approximately 43%.

The start of trading of the new shares on the Istanbul and the Vienna Stock
Exchanges is expected for 2 December 2010. Closing of the transaction is
expected for 1 December 2010.

DO & CO intends to use the net offer proceeds to strengthen the Company for
investments and position it for an increase in its market presence and
potential acquisition opportunities.

İş Yatırım Menkul Değerler A.Ş. acted as Global Coordinator and Sole
Bookrunner on the transaction, with Erste Group, Wood & Co. and Renaissance
Capital acting as Co-Lead Managers.

The official exchange rate between the Turkish Lira (TRY) and the Euro
published by the Turkish National Bank on 26 November 2010 is 1.9719 TRY
per Euro. The price to be paid by investors in the offering (except
existing shareholders participating in the rights offering, which will be
settled in EUR) therefore amounts to 43.18 TRY.

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Information and Explaination of the Issuer to this News:

Disclaimers: This ad hoc announcement constitutes neither an offer to sell
nor a solicitation to buy any securities of DO & CO Restaurants & Catering
Aktiengesellschaft. The securities have already been sold.

This ad hoc announcement and the information contained herein is not for
publication or distribution, directly or indirectly, in or into the United
States of America. The materials do not constitute an offer of securities
for sale in the United States, nor may the securities be offered or sold in
the United States absent registration or an exemption from registration as
provided in the U.S. Securities Act of 1933, as amended and the rules and
regulations thereunder.

This ad hoc announcement and information contained herein does not
constitute any confirmation by DO & CO Restaurants & Catering AG, Attila
Dogudan Privatstiftung and DZR Immobilien und Beteiligungs GmbH of the
final distribution list. The Turkish Prospectus (izahname) has been
approved by the Turkish Capital Markets Board on 12 November 2010. The
final distribution list has been finalized by the foregoing entities and
will be submitted to the Turkish Capital Markets Board and the Istanbul
Stock Exchange, and announced as described in the Turkish Prospectus and in
accordance with the Turkish capital markets requirements by the Sole
Bookrunner on 29 November 2010.

In connection with the sale of securities referred to herein, the
stabilizing manager (or persons acting on behalf of the stabilising
manager) may over allot securities or effect transactions with a view to
supporting the market price of the securities at a level higher than that
which might otherwise prevail. However, there is no assurance that the
stabilising manager (or persons acting on behalf of the stabilising
manager) will undertake stabilisation actions. Any stabilization action may
begin on or after the date of publication of the final subscription and
offer price and, if begun, may be ended at any time, but, under the
applicable laws, stabilisation actions must be brought to an end (a) in
Austria 30 calendar days after the date of the allocation of the shares and
(b) in Turkey 30 calendar days after the first trading day of the shares on
the ISE, but upon expiry of either period the stabilising manager will end
any stabilisation actions both in Austria and Turkey. Any stabilisation
action or over allotment must be conducted by the stabilising manager (or
person(s) acting on behalf of the stabilizing manager) in accordance with
all applicable laws and rules.

27.11.2010 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: DO & CO Restaurants & Catering AG
Stephansplatz 12
1010 Wien
Österreich
Phone: +43 1 74000-0
Fax: +43 1 74000-1029
E-mail: organization@doco.com
Internet: www.doco.com
ISIN: AT0000818802
WKN: 81880
Listed: Freiverkehr in München, Berlin, Stuttgart; Foreign
Exchange(s) Wien (Amtlicher Handel / Official Market)

End of Announcement DGAP News-Service

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