TAG Immobilien AG: TAG Immobilien AG successfully placed convertible bond over EUR 30 million - the issue was significantly oversubscribed

TAG Immobilien AG / Corporate Action07.05.2010 08:40Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------(Hamburg, 7 May 2010) Today, TAG Immobilien AG successfully placedconvertible bond over EUR 30 million. The issue was significantlyoversubscribed and went to existing shareholders who exercised theirsubscription rights and a subsequent private placement among internationalinstitutional investors. The money raised will strengthen the liquidity ofthe company and allow to fund further profitable growth.Thus, the entire convertible bond with a volume of EUR 30 million a couponof 6.375% and a redemption date in 2015 was placed among existingshareholders and institutional investors. The convertible bonds (ISINDE000A1ELQF0) shall be traded in the Open Market (Frankfurt StockExchange). Trading and the delivery of the bonds are expected to start on13 May 2010.The company has been able to exploit attractive opportunities with thissuccessful placing in challenging capital markets. This step boosts theliquidity of the company, will allow to fund further growth anddemonstrates the confidence in the company by the market.Close Brothers Seydler Bank AG, Frankfurt am Main, acted as Sole LeadManager and Sole Bookrunner for this transaction.Important advisory This document was prepared solely for information purposes. This documentis neither an offer to sell shares or other securities in the Company, noran invitation to tender offers to buy shares or other securities in theCompany. This document is not an offer document or prospectus as defined bythe 2003/71/EC Directive ('Prospectus Directive').United States of America This document is not intended for persons in the United States. It may notbe sent to the United States by mail or in any other way. This document isneither an offer to sell nor an invitation to tender offers to buy orsubscribe to securities in the United States. The shares and othersecurities issued by TAG Immobilien AG are not and will not be registeredin accordance with the provisions of the United States Securities Act of1933 (in its latest version) or in accordance with the securities laws ofindividual states of the US. The shares and other securities issued by TAGImmobilien AG may not be offered or sold in the United States, nor may theybe delivered there by direct or indirect means.Canada, Australia and Japan This document is not intended for persons in Canada, Australia or Japan. Itmay not be sent to Canada, Australia or Japan by mail or in any other way,and shares and other securities issued by TAG Immobilien AG may not be soldto persons in these countries.07.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.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, Hannover, Düsseldorf, Hamburg,              Stuttgart End of News                                     DGAP News-Service ---------------------------------------------------------------------------