VIB Vermoegen AG

AGM Information • Apr 4, 2008

News Details

Corporate | 4 April 2008 18:09

VIB Vermögen AG proposes the conclusion of a profit / loss transfer agreement with the BBI Bürgerliches Brauhaus Immobilien AG

VIB Vermögen AG / Miscellaneous

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.

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Neuburg / Donau 4th April 2008 – The management board of the VIB Vermögen
AG, Neuburg / Donau and the BBI Bürgerliches Brauhaus Immobilien AG,
Ingolstadt, have today respectively taken a board decision to the effect
that they intend to conclude a profit / loss transfer agreement between the
VIB Vermögen AG as the controlling company and the BBI Bürgerliches
Brauhaus Immobilien AG as the dependent company. The VIB Vermögen AG
currently has an 81.15% interest in the BBI AG. The final decision of the
executive boards of the two companies about the actual conclusion of the
agreement and its details will take place based on the results of the
presently induced examination of the legal, tax and financial details of
the proposed conclusion of the contract. In the case of a positive decision
being taken by the executive boards of the two companies, the profit / loss
transfer agreement will be submitted both to the Annual General Meeting of
the VIB Vermögen AG and the Annual General Meeting of the BBI Bürgerliches
Brauhaus Immobilien AG for their respective approval.

Profile of the VIB Vermögen AG (including BBI):

The VIB Vermögen AG is a medium-sized real estate holding company that
focuses its investments on commercial real estate in South Germany. Founded
in 1993 as a business partnership, the VIB was converted into a public
company in the year 2000. Since then the company has developed its core
competency in the fields of acquisition and asset management of its own
real estate and of investment in companies with real estate assets. The VIB
Vermögen AG operates a ‘buy and hold’ strategy. This entails developing
real estate for its own portfolio and also acquiring existing properties.
The real estate portfolio of the VIB Group comprises various logistics
properties and industrial facilities, shopping and specialist retail
centres and also commercial and service centres. The company achieves
sustainable rental yields from a total lettable area of approximately
500,000 m².

Contact

Investor Relations:

VIB Vermögen AG
Petra Riechert
Luitpoldstr. C70
86633 Neuburg
Tel: +49 (0)8431 504 952
Fax: +49 (0)8431 504 973
E-mail: petra.riechert@vib-ag.de

04.04.2008 Financial News transmitted by DGAP

Language: English
Issuer: VIB Vermögen AG
Luitpoldstraße C 70
86633 Neuburg/Donau
Deutschland
Phone: +49 (0)8431 / 504-952
Fax: +49 (0)8431 / 504-973
E-mail: cornelia.eissmann@vib-ag.de
Internet: www.vib-ag.de
ISIN: DE0002457512
WKN: 245751

End of News DGAP News-Service

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