Ernst Russ AG

Earnings Release • Nov 22, 2007

News Details

Corporate | 22 November 2007 09:26

HCI Real Estate BRIC+: The First Returns Just Eight Short Weeks after Market Launch

HCI Capital AG / Miscellaneous/Miscellaneous

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Hamburg, November 22, 2007 – A mere two months after market launch, HCI
Capital AG’s real estate fund of funds known as 'HCI Real Estate BRIC+' is
seeing money come back in. The 'CPI Asia' target fund generated over one
million dollars, or nearly twice the amount of capital invested, on two
property sales: one involving twin residential towers in Macao, China,
which were kept in the portfolio for one and a half years and offer a
combined 175 luxury apartments, and the other being the 'Novel Plaza' in
Shanghai. Gains on the first sale amounted to 70 percent, while those for
the second sale reached 80 percent.

'The early returns are a testament to the expertise of the Townsend Group,
our partner in this venture. Clearly we’ve invested in the right target
funds,' says Oliver Georg, managing director of HCI Immobilien Consult
GmbH. The U.S.-based Townsend Group, the largest real estate investment
consulting firm for institutional investors, is in charge of evaluating and
selecting the opportunity funds. 'HCI Real Estate BRIC+' is a fund of funds
that invests in a diversified portfolio of opportunity funds in the real
estate segment. As its name suggests, the target markets include the BRIC
countries, Brazil, Russia, India and China, as well as additional growth
markets like Mexico and South Korea. The minimum investment is USD 15,000
plus a five percent premium.

About HCI (as of September 30, 2007):
The HCI Group was founded in 1985 and creates closed-end funds and
structured products in shipping, real estate, private equity funds of funds
and the secondary life insurance market, as well as asset creation plans.
Since 1985, over 97,500 clients have invested close to EUR 5.0 billion in
457 issues, with an investment volume totaling more than EUR 12.77 billion,
making HCI one of the leading non-bank-affiliated issuing houses in
Germany. HCI Capital AG has been listed on the stock exchange since October
2005. It has been listed on the SDAX since December 19, 2005 and on the
Hamburg Regional Index HASPAX since September 1, 2006.

Press enquiries:
Ingo Pfeil
HCI Capital AG
Head of Public Relations
Tel. +49 40 88 88 1 236
ingo.pfeil@hci-capital.de

Investor Relations:
Dr. Olaf Streuer
HCI Capital AG
Head of Investor Relations
Tel. +49 40 88 88 1 125
olaf.streuer@hci-capital.de

22.11.2007 Financial News transmitted by DGAP

Language: English
Issuer: HCI Capital AG
Bleichenbrücke 10
20354 Hamburg
Deutschland
Phone: +49 (0)40 88881-0
Fax: +49 (0)40 88881-109
E-mail: ir@hci.de
Internet: www.hci.de
ISIN: DE000A0D9Y97
WKN: A0D9Y9
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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