27.03.2007 – 09:07

AvW Invest AG

euro adhoc: AvW Invest AG
other
AvW increases investment in Realtech to more than ten per cent

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

27.03.2007

The Austrian finance group AvW INVEST AG has further increased its 
investment in the German IT company Realtech. Currently, AvW holds 
10.05 per cent of the company. "Further acquisitions are possible. We
are very pleased with the strategy, the management and the future 
prospects of Realtech", says Wolfgang Auer von Welsbach, Chairman of 
AvW's Management Board.

AvW INVEST AG’s share of around 15% in the German IT company Cancom 
was transferred to AvW Gruppe AG. "Within the group, we have more 
financial possibilities at our disposal. In this connection, we do 
not rule out friendly takeovers in the small cap sector," says Mr. 
Auer von Welsbach.

For the current 2007 financial year, AvW INVEST AG is anticipating an
increase in the company’s net profit by about 15 per cent. This 
corresponds to earnings per share of around EUR 3.00 (2006: EUR 
2.61). A new forecast for the full financial year will be announced 
on May 22, when the results for the first quarter of 2007 are 
available.

About AvW INVEST AG - www.avw.eu: AvW’s shares are listed on the 
Vienna Stock Exchange on the ATX Prime Market (ISIN number: 
AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS). The Austrian 
company, which is domiciled in Krumpendorf at Lake Wörthersee, 
specialises in the fields of financial services, equity investments 
and real estate.

end of announcement                               euro adhoc 27.03.2007 08:31:21

Further inquiry note:

AvW INVEST AG
Nicole Kahn
Investor Relations
Tel.: 04229/3621-25
mailto:n.kahn@avw.eu

Branche: Financial & Business Services
ISIN: AT0000930409
WKN: 892661
Index: Prime.market
Börsen: Frankfurter Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Wiener Börse AG / official dealing