euro adhoc: AvW Invest AG / other / AvW acquires 9.5 per cent interest in German IT company (E)

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24.04.2007

The Austrian finance group AvW INVEST AG further increases its investment
portfolio and acquires a 9.5 per cent interest in the German IT company
nextevolution. nextevolution AG (N5EG.DE) develops concepts and practical
solutions in the areas of Enterprise Content Management, Enterprise Resource
Management and Business Intelligence in cooperation with leading software
providers. The customer base, which spans across Europe, includes companies from
major industry groups, as well as the commercial, financial services,
telecommunications, real estate and public sectors.
The company is headquartered in Hamburg and currently prepares for admission to
the Prime Standard. "We will also assume a position in nextevolution’s
Supervisory Board", says Wolfgang Auer von Welsbach, Chairman of the AvW
Management Board.

Expansion of IT portfolio
In addition to the financial sector, the IT segment is a major focus of AvW’s
investments. The newly acquired interest in nextevolution represents the third
investment in a German IT company. AvW’s other investments in this sector
consist of a share of around 10 per cent in Realtech (RTCG.DE) and around 17 per
cent in Cancom (COKG.DE). In Austria, AvW holds approximately 22 per cent in S&T
(SNTS.VI). "We intend to further expand these positions. For the IT sector, we
are expecting above-average growth rates in the coming years. The consolidation
process is progressing, which offers potential for future takeovers," says
Wolfgang Auer von Welsbach.

About AvW INVEST AG
The Austrian company, which is domiciled in Krumpendorf at Lake Wörthersee,
specialises in the fields of financial services, equity investments and real
estate. AvW’s shares are listed on the Vienna Stock Exchange on the ATX Prime
Market (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS). More
information about AvW is available on the Internet at www.avw.eu.

Further inquiry note:
AvW INVEST AG
Nicole Kahn
Investor Relations
Tel.: 04229/3621-25
mailto:[email protected]

end of announcement euro adhoc 24.04.2007 08:14:31
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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.eu
sector: Financial & Business Services
ISIN: AT0000930409
indexes: Prime.market
stockmarkets: free trade: Frankfurter Wertpapierbörse, Baden-Württembergische
Wertpapierbörse, official dealing: Wiener Börse AG
language: English

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