On 28 February 2012 the Management Board of TAG Immobilien AG resolved with the approval of the Supervisory Board to draw on existing authorised capital with a capital increase against cash via the issuance of up to approximately 20.6 million new shares. The final subscription price will be determined by a bookbuilding process and will be published by the company in the electronic Federal Gazette on 13 March 2012.

The Management Board has resolved that the bookbuilding will start today on Monday, 12 March 2012.

Disclaimer:

This document does not constitute an offer to sell nor an invitation to tender offers to buy or subscribe for securities. It is not for distribution to shareholders and investors in the United States, Canada, Australia or Japan.
Shares in the company will be offered solely based on a prospectus to be approved by the German Federal Financial Supervisory Authority (BaFin), which is scheduled for publication on 29 February 2012 on the company's homepage at www.tag-ag.com/investor-relations.

Press inquiries:
TAG Immobilien AG
Investor and Public Relations
Britta Lackenbauer / Dominique Mann
Tel. +49 (0) 40 380 32 0
Fax +49 (0) 40 380 32 390
pr@tag-ag.com