EANS-Adhoc: AvW Invest AG - No takeover requirement regarding S&T

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announcement.
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06.05.2009

AvW Invest AG has been notified that AvW Gruppe AG sold 330,000 of its shares in
S&T (SNTS.VI) today. 300.000 S&T shares were bought by an Austrian bank, 30.000
S&T shares by an Austrian fund.Consequently, AvW Invest AG and AvW Gruppe AG
jointly hold less than 30% of the shares in S&T and therefore neither of the two
companies is required to make a mandatory takeover bid.

AvW Invest AG (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS),
which is domiciled in Krumpendorf at Lake Wörthersee, is active in two core
business areas: equity investments and real estate.
AvW´s shares are listed in the Standard Market Auction segment of the Vienna
Stock Exchange.

Further inquiry note:
AvW INVEST AG
Mag. Brigitte Burger
Tel.: 04229/3621-24
mailto:[email protected]

end of announcement euro adhoc
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emitter:      AvW Invest AG
              Hauptstraße 118
              A-9201 Krumpendorf/Wörthersee
phone:        +43(0)4229 3621
FAX:          +43(0)4229 2386
mail:         [email protected]
WWW:          www.avw.eu
sector:       Financial & Business Services
ISIN:         AT0000930409
indexes:      Standard Market Auction
stockmarkets: free trade: Börse Frankfurt, Börse Stuttgart, official dealing:
              Wiener Börse AG 
language:     English

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