euro adhoc: Unternehmens Invest AG / Financing, Stock Offerings (IPO) / UIAG announces successful IPO of BENE AG (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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02.11.2006

Vienna, 2.11.2006 - With the successful completion of the initial public
offering of BENE AG/Waidhofen, Austria, Unternehmens Invest AG (UIAG) succeeded
in launching another growth-oriented Austrian family owned company on the Vienna
Stock Exchange. Within the IPO BENE AG will receive about 32 mEUR of equity
(including greenshoe) through a capital increase, which will be used to finance
the further growth strategy. At the same time UIAG sells its entire investment
in BENE (held via its holding company Sarpedon), which in turn means an inflow
of liquid funds of about 22 mEUR for UIAG.

"Following the successful IPOs of Palfinger, Wolford and Andritz, the public
listing of BENE AG is another important landmark for UIAG. It is also a proof
that the Austrian capital market is an absolutely suitable financial instrument
for growth-oriented medium-sized companies", commented Kurt Stiassny, chairman
of the board of UIAG, on the recent success of UIAG. With its broad structure of
medium-sized enterprises Austria has numerous companies that have very often
accomplished an outstanding market position with their innovative products. The
investment strategy of UIAG - to enhance the growth potential by means of equity
capital financing - is in many cases an optimal alternative for such companies.
Eventually a successful IPO provides listed companies access to a higher league
and opens up new perspectives for these companies. "BENE is the clear proof for
the attractiveness of our investment rationale", said Stiassny.

UIAG, Austria’s leading firm in private equity investments for medium-sized
companies, holds investments in a number of growth-oriented firms, such as the
medical and diagnostic laboratory group Futurelab, the specialist in hot water
tanks Austria Email AG or Efkon, the specialist in electronic toll collection
systems. "For some of our investments a future initial public offering is an
absolutely realistic alternative to financing further growth", said Kurt
Stiassny.

After the IPO of BENE, UIAG has sufficient liquid funds ready to be invested
into new portfolio companies. Currently, UIAG is involved in negotiations with a
number of companies for potential attractive investments. "The IPO of BENE is
also going to form the basis for an attractive annual result for UIAG", said
Kurt Stiassny, chairman of the board of UIAG.

Further inquiry note:
Board of Management
Mag. Kurt Stiassny Mag. Martin Benger
Tel.: +43 (1) 405 97 71-0
mailto: [email protected]

Mick Stempel
Hochegger Financials
Tel: +43-1-505 47 01-85
mailto: [email protected]

end of announcement euro adhoc 02.11.2006 15:24:19
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emitter: Unternehmens Invest AG
Währinger Straße 3
A-1090 Wien
phone: 01 405 97 71-0
FAX: 01 405 97 71-9
mail: [email protected]
WWW: www.uiag.at
ISIN: AT0000816301
indexes: ATX Prime, WBI
stockmarkets: official market: Wiener Börse AG
sector: Financial & Business Services
language: English

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