update to an ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

S IMMO AG announces changes in shareholding structure.

Regarding the ad hoc release of stock exchange listed S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; S IMMO Share ISIN: AT0000652250, S IMMO INVEST participating certificate ISIN: AT0000795737 und AT0000630694) published on 30 November 2011, S IMMO AG hereby clarifies that the two strategic core shareholders of the Company, Erste Group and Vienna Insurance Group, are still holding a 9% and over 10% shareholding in the Company, respectively.

Furthermore, S IMMO AG announces, according to article 93 (2) Austrian Stock Exchange Act (Börsegesetz), the receipt of voting rights notifications pursuant to article 91 (1) Austrian Stock Exchange Act (Börsegesetz) by Erste Asset Management GmbH.

These voting rights notifications disclose that RINGTURM Kapitalanlagegesellschaft m.b.H and ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. are subsidiaries of Erste Asset Management GmbH, that these three companies pursue a joint voting rights policy and, that therefore voting rights notifications of the fund assets are made cumulatively.

For this reason the three said reporting companies inform that their joint share in voting rights in S IMMO AG exceeded the notifiable threshold of 10% as at 29 November 2011. As at 29 November 2011 a total of 7,130,557 shares (voting rights of 10.47%) are held by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H., 1,000,000 shares (voting rights of 1.47%) are held by RINGTURM Kapitalanlagegesellschaft m.b.H. Erste Asset Management GmbH does not hold shares itself. Together the said companies therefore hold 11.94% of the share capital of S IMMO AG.

original announcement: -------------------------------------------------------------------------------- keywords other

EANS-Adhoc: S IMMO AG / Erste Group increases shareholding to more than 10%

S IMMO AG: Erste Group increases shareholding to more than 10%

Today, stock exchange listed S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; S IMMO Share ISIN: AT0000652250, S IMMO INVEST participating certificate ISIN: AT0000795737 und AT0000630694) has received notification under section 91 para 1 Stock Exchange Act (Börsegesetz) by a member of Erste Group Bank AG that its shareholding in S IMMO AG has increased to a level of more than 10%.

Now both of S IMMO AG´s strategic core shareholders, Erste Group and Vienna Insurance Group, are each holding more than 10% of the company´s shares.

end of announcement   euro adhoc

 issuer:      S IMMO AG 
             Friedrichstraße  10
             A-1010 Wien
phone:       +43(0)50100-27550
FAX:         +43(0)050100-927559
mail:        office@simmoag.at
WWW:         www.simmoag.at
sector:      Real Estate
ISIN:        AT0000652250
indexes:     ATX Prime, IATX
stockmarkets: official market: Wien 
language:    English