30.03.2007 – 14:07

Vivacon AG

VIVACON AG acquires its largest residential real estate portfolio so far

Köln (euro adhoc) -

- 6,812 units in Western Germany - Total residential units owned in 
the first quarter correspond to almost 90% of the total units sold in
2006

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.

real estate/Others

Cologne, 30th March 2007. VIVACON AG (ISIN 000604
8911) has acquired through its subsidiaries in various transactions a
substantial residential real-estate portfolio consisting of 6,812 
units in total. This includes the largest acquisition of residential 
units in the Company’s history. The units are located in Bremen, 
Hesse, Lower Saxony, North Rhine-Westphalia and Schleswig-Holstein 
and have a total rentable area of approximately 411,200 sqm. The 
occupancy rate is 85%.

The total residential units owned by VIVACON AG currently amount to 
some 11,100 units. In the first quarter, the Company therefore owns 
residential units corresponding to almost 90% of the total units sold
in 2006. In addition, the Company expects to acquire further 
substantial residential real-estate portfolios in the near future.

end of announcement                               euro adhoc 30.03.2007 14:06:10

Further inquiry note:

Lars Schriewer
Director Communication
Tel: + 49 221 / 1305621 631
Lars.Schriewer@vivacon.de

Sven Annutsch
Head Corporate Finance
Tel: + 49 221 / 1305621 630
Sven.Annutsch@vivacon.de

Vivacon AG
Bayenthalgürtel 4
50968 Köln
Fax: + 49 221 / 1305621 950
http://www.vivacon.de

Branche: Real Estate
ISIN: DE0006048911
WKN: 604891
Index: CDAX, SDAX, Prime All Share, Classic All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / official dealing