31.03.2015 – 05:49

EEII AG

EQS-Adhoc: EEII AG: EEII AG publishes annual results per 12-31-2014

EQS Group-Ad-hoc: EEII AG / Key word(s): Final Results/AGM/EGM
EEII AG: EEII AG publishes annual results per 12-31-2014

31.03.2015 / 05:45
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Ad-Hoc Information: EEII 2014 annual results

Zug, March 31st, 2015

EEII AG publishes annual results per 12-31-2014

EEII reports a net loss of CHF 2.3 mln (2013: net loss of CHF 2.4 mln) for
the year 2014. During the reporting period, EEII's net asset value (NAV)
decreased 32 % from CHF 8.22 to CHF 5.61 per share. The decrease partially
reflects the capital decrease of CHF 1.12 per share which EEII distributed
to its shareholders in 2014, and which is responsible for 43% of the total
NAV decrease in 2014.

During the reporting period, EEII's net asset value (NAV) decreased by 32%
from CHF 8.22 to 5.61 per share. The decrease partially reflects the
capital reduction of CHF 1.12 per share which EEII distributed to its
shareholders in 2014 and which is responsible for 43% of the total NAV
decrease.

With the severe turmoil in EEII's core investment regions in Eastern
Europe, 2014 was a difficult year for EEII. In absolute terms, the Company
reports a net loss of CHF 2.3 mln (2013: net loss of CHF 2.4 mln). The key
driver for the loss was primarily the negative performance of one of its
main holdings, Gazprom, which due to the sharp decline of the Russian
Rouble and steeply dropping energy commodity prices lost almost 40% of its
value in the reporting currency CHF (CHF 2.24 mln). The company's Ukrainian
equity holdings, on the other hand, were affected by the weakening
Ukrainian currency Hryvnia which depreciated by 44% against the CHF, but
this impact was compensated by the positive share price development of
EEII's Ukrainian investments.

Given the background of the ongoing political crisis in Ukraine, the very
low energy commodity prices as well as the continued Western sanctions
against Russia, the economic indicators in Central and Eastern Europe point
to a continued severe contraction in the markets relevant to EEII.
Consequently, the country risks for the region of EEII's investment focus
remain substantial, but we are convinced that these risks are reflected in
the current market prices of EEII's holdings. EEII will keep monitoring its
investment portfolio closely and is ready to take action on short notice.

For further details also see www.eeii.ch/reports/2014.html

The Annual General Meeting of EEII AG will take place on April 29, 2015, at
11 a.m. at the Parkhotel Zug in Zug.

Please refer to the attached link to view the invitation to the meeting
www.eeii.ch/news.html


Contact:
Mr. Beat Imwinkelried
Phone: +41-43-299 62 00

End of ad hoc announcement

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The issuer is responsible for the contents of the release.

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Language:    English
Company:     EEII AG
             Alpenstrasse 15
             6304 Zug
             Switzerland
Phone:       +41 41 729 42 80
Fax:         +41 41 729 42 29
E-mail:       info@eeii.ch
Internet: www.eeii.ch
ISIN:        CH0007162958
Valor:       940179
Listed:      Foreign Exchange(s) SIX


End of News    EQS Group News-Service
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