DGAP-News: MAGNAT Real Estate Opportunities GmbH & Co.

MAGNAT Real Estate Opportunities GmbH & Co. KGaA / Corporate Action

27.04.2009 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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MAGNAT on the planned capital reduction

  - A 10:1 capital reduction is expected to take place at the close of the
    market on 29 April 2009

  - Conversion of the ISIN is expected to be on 30 April 2009

  - MAGNAT will bear the cost of the conversion up to EUR 5.00 per depot

Frankfurt am Main, 27 April 2009 - MAGNAT Real Estate Opportunities GmbH &
Co. KGaA (ISIN: DE000A0J3CH0) will in all probability execute the 10:1
ordinary capital reduction, which was decided by the Shareholders'
Extraordinary Meeting and comes into effect through registration in the
commercial register on 20 April 2009, on 29/30 April 2009.

MAGNAT shareholders will receive one new converted share with a
proportionate amount of share capital of EUR 1.00 (ISIN: DE000A0XFSF0) for
10 shares with a proportionate amount of share capital of EUR 1.00 (ISIN:
DE000A0J3CH0). At the start of trading on Thursady 30 April 2009, the
shares will be listed with the new ISIN, the reduced share capital and the
new share price. This measure will lead to the calculated value of the
share increasing by a factor of 10.

If the consolidation ratio leads to share fractions, after being instructed
by their clients the custodian banks will aim for a settlement of the
fractional amounts (ISIN: DE000A0XFSG8). MAGNAT will bear the cost of the
conversion up to an amount of EUR 5.00 per depot for its shareholders.

About MAGNAT:

MAGNAT is a German real estate company which focuses on real estate
development in Eastern Europe supplemented by special situations in the
home market of Germany. The management focuses on undervalued real estate
markets and on markets with macroeconomic growth. The strategy of
MAGNAT is designed to exploit opportunistic inefficiencies. Unlike
traditional investment strategies, MAGNAT profits not only from rental
income but principally also from attractive development returns.
www.magnat-reop.com




Contact

MAGNAT Real Estate Opportunities GmbH & Co. KGaA

Dominic Köfner, CIRO

Head of Corporate Communications

Tel.: +49 (0)69 719 189 79 36

E-mail: dominic.koefner@magnat-reop.com

Grüneburgweg 18

D-60322 Frankfurt am Main

Press Relations

edicto GmbH

Axel Mühlhaus/Werner Rüppel

Tel.: +49 (0) 69 905 50 55 2

E-mail: amuehlhaus@edicto.de



DGAP 27.04.2009 
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Language:     English
Issuer:       MAGNAT Real Estate Opportunities GmbH & Co. KGaA
              Grüneburgweg 18
              60322 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69  / 719 189 79 0
Fax:          +49 (0)69  / 719 189 79 11
E-mail:       info@magnat-reop.com
Internet:     www.magnat-reop.com
ISIN:         DE000A0J3CH0
WKN:          A0J3CH
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart
End of News                                     DGAP News-Service
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DGAP-News: MAGNAT Real Estate Opportunities GmbH & Co. KGaA: MAGNAT on the planned capital reduction
