TAG Immobilien AG: TAG Immobilien AG determines subscription price for the new shares and final terms for the convertible bonds

TAG Immobilien AG  / Key word(s): Corporate Action02.12.2010 19:26Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Based on the subscription offers published on 19 November 2010, TAGImmobilien AG ('TAG' in the following) is currently offering to itsshareholders new shares in an aggregate nominal amount of up to EUR11,607,249 and convertible bonds in an aggregate nominal amount of up toapproximately EUR 70,000,000. The new shares and convertible bonds will beoffered for subscription to shareholders during the subscription periodrunning from 22 November 2010 up to and including 6 December 2010.All shares and convertible bonds were offered to selected qualifiedinvestors by way of an accelerated bookbuilding process, subject to theexercise of the subscription rights of holders thereof, by a consortium ofbanks consisting of Kempen & Co. NV, Amsterdam as global co-coordinator,joint bookrunner and joint lead manager, and Close Brothers Seydler BankAG, Frankfurt as joint bookrunner and joint lead manager. All new sharesand all convertible bonds have been allocated to such qualified investors -subject to the exercise of the subscription rights of holders thereofduring the subscription period. Final allocation will take place on Tuesday7 December.Based on the results of the accelerated bookbuilding, and with the approvalof the supervisory board, the TAG's management board determined on 2December 2010 the amount of the capital increase, the number of new sharesand convertible bonds to be allocated to qualified investors in thebookbuilding, the issue and placement price for the new shares and thefinal terms for the convertible bonds, as follows:All new shares will be allocated to investors in the acceleratedbookbuilding - subject to the exercise of the subscription rights ofholders thereof during the subscription period - at the placement price.The company's existing share capital will be increased by EUR11,607,249.00; a total of 11,607,249 new shares will be issued at a priceof EUR 5.70 per share for an aggregate amount of EUR 66,161,319.30. Thesubscription price at which the new shares may be subscribed by the holdersof subscription rights, and the placement price at which the new shareswill be allocated to investors - subject to the exercise of thesubscription rights of holders thereof during the subscription period - isEUR 5.70 per new share in each case.All convertible bonds will be allocated to investors in the acceleratedbookbuilding - subject to the exercise of the subscription rights ofholders thereof during the subscription period. A total of 9,000,000convertible bonds with a nominal value of EUR 66,600,000.00 per convertiblebond and a total nominal value of EUR 7.40 will be issued. The subscriptionprice and the original conversion price correspond to the nominal value andare therefore also EUR 7.40 per convertible bond. The interest on theconvertible bonds is 6.5 % p.a. and the redemption price corresponds to thenominal value and amounts to EUR 7.40 per convertible bond. The maturitydate is 10 December 2015. Each convertible bond with a nominal value of EUR7.40 may be converted into one TAG bearer share; conversion is possible atany time, except during certain periods of non-conversion specified in theterms of issue. The completion of the capital increase to create the new shares is expectedto be registered with the commercial register on 7 December 2010. Theadmission of the new shares to trading on the regulated market of theFrankfurt Stock Exchange with a simultaneous listing in the part of theregulated markets with additional disclosure duties (Prime Standard) of theFrankfurt Stock Exchange and the inclusion of the convertible bonds in theOpen Market the Frankfurt Stock Exchange are expected for 8 December 2010.The new shares and convertible bonds are expected to be delivered on 10December 2010.DisclaimerThis document is neither an offer to sell nor an invitation to buy orsubscribe for shares or other securities. It is not intended forshareholders or investors in the United States, Canada, Australia or Japan.Kontakt:TAG Immobilien AGInvestor und Public Relations Britta Lackenbauer / Dominique MannTel. +49 (0) 40 380 32 -386 / -305Fax +49 (0) 40 380 32 390ir@tag-ag.com02.12.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      TAG Immobilien AG              Steckelhörn 5              20457 Hamburg              DeutschlandPhone:        040 380 32 300Fax:          040 380 32 390E-mail:       ir@tag-ag.comInternet:     www.tag-ag.comISIN:         DE0008303504WKN:          830350Indices:      SDAXListed:       Regulierter Markt in Frankfurt (Prime Standard), München;              Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,              Stuttgart End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------