VIB Vermoegen AG

Share Issue/Capital Change • Apr 3, 2007

News Details

Corporate | 3 April 2007 07:48

VIB Vermögen AG successfully places capital increase with a volume of EUR 53.4m

VIB Vermögen AG / Capital Increase

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

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Neuburg / Donau, 3rd April 2007 – The VIB Vermögen has successfully placed
its capital increase. Within the scope of a private placement, the real
estate company offered a total of 4,896,000 new bearer shares for
subscription at an issue price of EUR 10.90 per share. Through the
transaction, the gross issuing proceeds amount to around EUR 53.4m, which
are to be used for further high-yield investments. The greater part of the
capital increase was subscribed to by existing shareholders who exercised
their subscription right, at a rate of 5:2. Further strategic investors
received a scaled down allotment, as the capital increase was
oversubscribed by more than 80%.

Through the issue of the new shares, the share capital of the VIB Vermögen
AG increases from EUR 12,188,000 to EUR 17,084,000. Following the entry of
the capital increase in the Commercial Register and after booking has taken
place with the Clearstream Banking AG, it is expected that the new shares
with the securities identification code VIHJ (securities identification
number A0H52R, ISIN DE000A0H52R0) will be included for trading in the Open
Market (M:access) of the Munich Stock Exchange from the middle of April
2007. Due to the entitlement to dividend from 1st January 2007, the new
shares will continue to be traded under the stated securities
identification number until the end of the General Meeting on 26th July
2007. Following the General Meeting, all outstanding shares will again be
listed under the uniform code VIH (securities identification number 245751,
ISIN DE0002457512).

Disclaimer

This release and the information contained in it represent neither in the
Federal Republic of Germany nor in any other country an offer to anyone to
sell or the invitation to anyone to buy VIB Vermögen AG securities. The
shares of the VIB Vermögen AG will not be publicly offered for sale in
Germany and, in particular, not in the United States of America. This
release does not represent a public offer of shares in the VIB Vermögen AG.

Profile of the VIB Vermögen AG

The VIB Vermögen AG is a medium-sized real estate holding company that
focuses its investments on commercial real estate in the South Bavarian
region. 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
administration of its own real estate and of investing in companies with
real estate assets.
The real estate portfolio of the VIB Group – not including the real estate
of the BBI AG – comprises more than 30 different properties including both
an industrial plant and an industrial estate in Neuburg/Donau, a commercial
park in Günzburg and the DonauCityCenter in Ingolstadt. The logistics real
estate parcel that was acquired in November 2006 and a retail and services
centre in the commercial area of Memmingen-Nord are also part of the VIB
Group holdings. With a total rentable area of over 244,000 m² as at March
2007, the company achieves sustainable rental yields of over 8% p. a.

cometis AG
Ulrich Wiehle
Unter den Eichen 7
65195 Wiesbaden
Tel: +49 (0)611 205855-11
Fax: +49 (0)611 205855-66
E-mail: ulrich.wiehle@vib-ag.de

DGAP 03.04.2007

Language: English
Issuer: VIB Vermögen AG
Luitpoldstraße C 70
86633 Neuburg/Donau Deutschland
Phone: 08431 / 504-955
Fax: 08431 / 504-747
E-mail: rainer.hettmer@vib-ag.de
www: www.vib-ag.de
ISIN: DE0002457512
WKN: 245751
Indices:

End of News DGAP News-Service

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