euro adhoc: AvW INVEST AG / Earnings Forecast / AvW Invest again increases profit forecast (E)

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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06.12.2005

Krumpendorf (December 6, 2005) AvW Invest AG has significantly increased its
profit forecast for the 2005 financial year, which looks set to be the third
record year in succession for the company. AvW is now anticipating an increase
in profits of at least 100 per cent (current increase: at least 85 per cent).
Consequently, from today’s point of view, the earnings per share will range
between EUR 1.35 and EUR 1.45.

According to Wolfgang Auer von Welsbach, Chairman of the AvW Board of
Management, this new increase of the profit forecast is due to more certainty
regarding the earnings results for the 2005 financial year as a whole.

There have also been changes in the equity investments of AvW Invest AG. The
holdings in the Austrian Hirsch Servo (HISE.VI) small caps were increased from
11 to 12 per cent, and those in S&T (SNTS.VI) from 10 to 13 per cent.

AvW Invest AG’s balance sheet press conference will take place on March 29,
2006.

About AvW Invest AG:

AvW Invest AG is a company of the AvW Group (www.avw.at). AvW’s shares are
listed on the Vienna Stock Exchange on the ATX Prime Market (ISIN number:
AT0000930409, Reuters: AVWI.VI). The Austrian company, which is domiciled in
Krumpendorf at Lake Wörthersee, specialises in the fields of financial services,
equity investments and real estate.

Further inquiry note:
AvW Invest AG
Dr. Ernst Wilde
Investor & Public Relations
Tel.: 04229/3621-24
mailto:[email protected]

end of announcement euro adhoc 06.12.2005 07:56:47
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emitter: AvW INVEST AG
Hauptstraße 118
A-9201 Krumpendorf
phone: +43(0)4229 3621
FAX: +43(0)4229 2386
mail: [email protected]
WWW: www.avw.at
ISIN: AT0000930409
indexes: Prime.market
stockmarkets: free trade: Frankfurter Wertpapierbörse, Baden-Württembergische
Wertpapierbörse, official dealing: Wiener Börse AG
sector: Financial & Business Services
language: English

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