euro adhoc: AvW INVEST AG
AvW Invest AG: Goldmine investment
increased (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
The AvW group of companies concluded the announced major gold investment as planned and now holds approximately 2.3 %, i.e. approx. 3.5 million shares in the Australian Equigold goldmine (EQI.AX). AvW has thus become one of the ten largest investors in Equigold and expects profitable long-term returns on its investment in the Australian goldmine. In addition, this Australian growth stock among goldmines distributes an attractive dividend. With this investment, the "Australian goldmines" project has been concluded after a total of approximately EUR 4 million has been invested. The next step in our global AvW investment strategy focuses on another Austrian industrial enterprise; the analysis has already been completed and the result was positive.
AvW Invest AG is going to announce its interim balance sheet figures on 18 March 2004. For current information please see http://www.avw.at. AvW ordinary shares (AVWI.VI) are traded on the ATX prime market of the Vienna Stock Exchange, and AvW preference shares (AVWI_p.VI) in the standard market auction.
end of announcement euro adhoc 27.01.2004
Further inquiry note:
AvW INVEST AG
Mag. Alexandra Anthofer
http://www.avw.at
Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 093040
Index: Prime.market
Börsen: Wiener Börse AG / official dealing
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade