Berenberg Bank starts coverage of Bene AG.

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Waidhofen/Ybbs (euro adhoc) - Vienna / Waidhofen/Ybbs, November 26, 2007. With
its research report published on November 22, 2007, the Berenberg Bank starts
the regular analysis of the Bene AG. In their latest study, the analysts of
Germany´s oldest private bank classify the Bene shares as "buy" and currently,
due to the company´s technological development and its extensive know-how, they
see a target price of 6.50 euro for the shares of the internationally operating
specialist for office and working environments.

After Raiffeisen Centrobank, Unicredit and Bank Sal. Oppenheim, the Berenberg
Bank is the fourth renowned financial institution, which regularly analyses the
Bene AG.

About Bene.
Bene is convinced that there is a clear connection between the design of office
and working environments, company culture and the success of a company. Bene´s
concepts, products and services put this philosophy into reality. Development,
design and production as well as consulting and sales are covered under one
roof. With 76 sites in 30 countries and 1.446 employees worldwide, Bene offers
its customers regional access to all of its services. In the business year
2006/07, consolidated sales of the Bene Group amounted to EUR 198.6 million. In
the first half-year of the business year 2007/08, the Bene Group generated sales
of EUR 115.1 million. Bene is market leader in Austria and number six in Europe.

Further inquiry note:
Mag. Gerald Strohmaier, MBA
Head of Finance & Investor Relations
BENE AG
A-3340 Waidhofen/Ybbs
Schwarzwiesenstraße 3
Phone +43-7442-500-3372
Fax +43-7442-500-993372
http://bene.com

end of announcement euro adhoc 26.11.2007 08:23:05
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emitter: BENE AG
Schwarzwiesenstrasse 3
A-3340 Waidhofen/Ybbs
phone: +43/7442/500-0
FAX: +43/7442/500-3380
mail: [email protected]
WWW: www.bene.com
sector: Furnishings & Furniture
ISIN: AT00000BENE6
indexes: ATX Prime
stockmarkets: official market: Wiener Börse AG
language: English

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