euro adhoc: AvW Invest AG / Earnings Forecast / AvW raises profit forecast through 2010 (E)

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12.07.2007

The Austrian finance group AvW Invest AG has raised its profit forecast through
2010. For the current financial year, profits are expected to increase by more
than 60 per cent. The earnings per share are estimated to jump to around EUR
4.20 (2006: EUR 2.61) in 2007, the net profit to more than EUR 12 million (2006:
EUR 7.87 million).

The profit forecasts for the coming years will be significantly increased: In
2008, the earnings per share are anticipated to climb to around EUR 5.00, and in
2010 to around EUR 7.00. "This once again confirms our commitment to continuing
on our path of strong profit growth", says Wolfgang Auer von Welsbach, Chairman
of the AvW Management Board.

This continuing rise in profits is due to the above-average growth in earnings
from the company´s financial services and investment segments. "The areas of
derivatives and investment management are booming. We will also dispose of one
or the other of our investments within the next three years, in order to realise
the book profits we have accumulated", continues Mr. Auer von Welsbach.

The half-year figures for AvW Invest AG will be published on 13 August 2007.

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
Mag. Brigitte Burger
Investor Relations
Tel.: 04229/3621-24
mailto:[email protected]

end of announcement euro adhoc 12.07.2007 08:31:39
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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: Börse Frankfurt, Börse Stuttgart, official dealing:
Wiener Börse AG
language: English

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