euro adhoc: ALTA FIDES Aktiengesellschaft für Grundvermögen / other / ALTA FIDES set to take over loan portfolio of EUR 60 million

. Letter of intent concluded with major international bank
. First larger transaction of the new business division of Non-Performing
Loans
. Negotiations regarding further loan portfolios (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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14.06.2007

Stuttgart, 14 June 2007. Within the group, ALTA FIDES AG, Stuttgart is now
preparing the first larger transaction of the new business division of Non-
Performing Loans. To that end, the subsidiary of PROFECTO AG, which was
established last year, has concluded a letter of intent regarding the
acquisition of a loan portfolio with a volume of approx. EUR 60 million with a
major international bank. The contracts regarding the acquisition are being
prepared in the short term. In addition to this, negotiations regarding the
acquisition of further important portfolios are under way. "Moreover, we expect
a further transaction in this field to be concluded at short notice", Norbert
Ketterer, head of the management board of ALTA FIDES AG, comments.

The portfolio which has now been acquired consists of a large number of non-
performing loans secured by encumbrances on properties primarily regarding
residential real estate properties throughout Germany. PROFECTO AG will
restructure the overall portfolio step by step together with the debtors
of the cancelled claims.

Moreover, ALTA FIDES established the basis for its biggest investment project
so far by acquiring a property from Deutsche Telekom with an excellent location
in the city centre of Leipzig to that end last week. The planned investment
volume for the development of this largely listed real estate property will
amount to approx. EUR 105 million.

The Management Board

If you have further questions, please contact:

ALTA FIDES AG
Norbert Ketterer
Phone: +49 (0) 341 3552060
Fax: +49 (0) 341 35520699
E-mail: ir@altafides.de
Internet: www.altafides.de

Further inquiry note:
Rainer Fuchs
Vorstand
Tel.: +49 (0)341 35520690
E-Mail: ir@altafides.de

end of announcement euro adhoc 14.06.2007 07:19:19
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emitter: ALTA FIDES Aktiengesellschaft für Grundvermögen
Altenbergstrasse 3
D-70180 Stuttgart
phone: +49 (0)711 601733-0
FAX: +49 (0)711 601733-50
mail: info@altafides.de
WWW: http://www.altafides.de
sector: Real Estate
ISIN: DE000A0B7EZ7
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurter Wertpapierbörse,
free trade: Börse Berlin-Bremen, Baden-Württembergische
Wertpapierbörse, Börse Düsseldorf
language: English

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