29.04.2014 – 09:23

S IMMO AG

EANS-Adhoc: S IMMO AG
Exchange offer for S IMMO INVEST participating certificates

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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Capital measures
29.04.2014


S IMMO AG - exchange offer for S IMMO INVEST participating certificates




The Management Board of S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN:
AT0000652250) has, with the authorisation of the Supervisory Board, subject to
the approval of the prospectus by the Austrian Financial Market Authority
(FMA), decided to invite the holders of the 2,307,747 S IMMO INVEST
participating certificates (ISIN: AT0000795737 and ISIN: AT0000630694) listed
on the Vienna Stock Exchange to offer S IMMO AG their participating
certificates in exchange for a 7-year fixed term bond with a fixed coupon of
4.5% at the exchange rate of EUR 78.88 per certificate. The offer is open from
30 April 2014 until 19 May 2014, unless previously closed or extended. S IMMO
AG will accept such offers only up to a maximum bond volume of EUR 90m.
Application for listing of the bond on the Second Regulated Market of the
Vienna Stock Exchange is planned.

Further information about the exchange offer will be available on S IMMO AG's
website at www.simmoag.at/umtauschangebot.









This disclosure is a mandatory disclosure pursuant to section 48d para  1  Stock
Exchange Act (BörseG). It serves  promotional  purposes  in  Austria  and  is  a
marketing announcement in the meaning of the Securities  Supervision  Act  (WAG)
and the Capital Markets Act (KMG), but does not  constitute  financial  analysis
or advice relating to financial securities. It is neither a  recommendation  nor
an offer to sell or  invitation  to  purchase  securities  of  S IMMO  AG  ("the
Company"). The offer to exchange securities of the Company is  made  exclusively
by means and on the basis of the base prospectus including its annexes  approved
by the  Financial  Market  Authority  (FMA)  and  published  on  29 April  2014,
together with the binding terms and  conditions  ("the  Prospectus"),  which  is
available free of charge from the  Company's  offices  at  Friedrichstrasse  10,
1010 Vienna, during normal business hours and may be  viewed  electronically  on
the issuer's website (www.simmoag.at).

This announcement is  addressed  exclusively  to  persons  legally  entitled  to
receive it. In particular, it is not  addressed  to  U.S.  citizens  or  persons
resident in the United States of America (USA),  the  United  Kingdom,  Belgium,
France or Italy. It is neither an offer to purchase nor a public  invitation  to
sell securities in Italy, Belgium, France or any jurisdiction in which  such  an
offer or invitation would be contrary to the law. This announcement is  not  for
publication or distribution in the USA  and  may  not  be  distributed  to  U.S.
persons or publications generally distributed in the USA  nor  be  published  or
distributed in any other country in which its publication or distribution  would
be contrary to the law.


Further inquiry note:
Investor Relations:
Andreas J. Feuerstein
Phone: +43(0)50100-27556
Fax:  +43(0)05100-927556
E-mail:  andreas.feuerstein@simmoag.at
www.simmoag.at 

Corporate Communications:
Bosko Skoko
Phone: +43(0)50100-27522
Fax:  +43(0)05100-927522
E-mail:  bosko.skoko@simmoag.at
www.simmoag.at

end of announcement                               euro adhoc 
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issuer:      S IMMO AG 
             Friedrichstraße  10
             A-1010 Wien
phone:       +43(0)50100-27550
FAX:         +43(0)050100-927559
mail:         office@simmoag.at
WWW:      www.simmoag.at
sector:      Real Estate
ISIN:        AT0000652250
indexes:     ATX Prime, IATX
stockmarkets: official market: Wien 
language:   English