DGAP-Adhoc: Solvia Vermögensverwaltung joins DIC Asset AG

DIC Asset AG / Transaction in Own Shares

20.05.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

DIC Asset AG (WKN 509840/ ISIN DE0005098404) announces that solvia
Vermögensverwaltung GmbH, from Braunschweig, has joined as a new strategic
investor through the purchase of a nearly 5% share stake. DIC Asset AG,
which operates on the German commercial real estate market, sold a share
block acquired from the recently completed buyback programme to the private
asset manager for around EUR 10 million. solvia purchased the approximately
1.5 million shares (4.7 percent stake) at a unit price of EUR 6.50. DIC
Asset had acquired the share block during the period from 10 October 2008
to 10 February 2009 at an average price of around EUR 4.90. Previously,
solvia held 0.4 percent of the shares in DIC Asset and, in recent years,
had fostered business contacts with DIC during direct property
transactions. Both parties also agreed on a lock up-clause under which
solvia will agree not to sell the share block until the end of 2010.

The new shareholder structure is as follows: DIC Group 39.4%, Morgan
Stanley Real Estate Funds 10.4%, solvia Vermögensverwaltung 5.1%, free
float 45.1%.

Investor Relations:
Ina Lack
Grünhof · Eschersheimer Landstraße 223
60320 Frankfurt am Main
Fon. +49 69 9454858-58
Fax +49 69 9454858-99
ir@dic-asset.de


DGAP 20.05.2009 
---------------------------------------------------------------------------
 
Language:     English
Issuer:       DIC Asset AG
              Eschersheimer Landstr. 223
              60320 Frankfurt
              Deutschland
Phone:        +49 69 9454858-0
Fax:          +49 69 9454858-99
E-mail:       info@dic-asset.de
Internet:     www.dic-asset.de
ISIN:         DE0005098404
WKN:          509840
Indices:      S-DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Stuttgart, München, Hamburg, Düsseldorf
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------
DGAP-Adhoc: Solvia Vermögensverwaltung joins DIC Asset AG as shareholder
