EANS-Adhoc: Reshaping of shaPE Capital AG - Disposal of partnership interests, update on share buyback program and temporary fee reduction

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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announcement.
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08.04.2009

Pfaeffikon SZ, 8 April 2009

Disposal of limited partnership interests

shaPE Capital AG (the "Company") announced today that it has entered into a
final agreement to sell 15 partnership interests, managed by nine different
General Partners. The funds sold represent roughly 25 percent of the existing
investments. Through the disposal the Company generates a substantial cash
position and reduces the open commitments. In addition, the transaction results
in a rebalancing of the portfolio in line with the previously communicated
investment strategy: The remaining core portfolio will have a further reduced
exposure to the large buyout and to the venture capital segment whereas the
exposure to small and medium sized buyouts as well as to the "Rest of World"
segment will increase.

Update share buyback program

Under the share buyback program the Company recently reported holdings of own
shares of 5.745 percent. The generated cash and reduced open commitment will
allow the Company to continue with buying back further shares. The Board of
Directors of the Company intends to propose the destruction of these shares on
the occasion of the upcoming annual shareholders´ meeting on 19 May 2009.

Temporary fee reduction

In an effort to demonstrate its continuous support of the Company in these
turbulent times, the Investment Manager of shaPE, Horizon21 Private Equity
(Cayman) Ltd., has offered to waive half of the management fees earned in the
financial year 2009.

end of ad-hoc-announcement
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shaPE Capital AG (“shaPE”) is an investment company domiciled in Pfaeffikon SZ
that follows the principle of a fund of funds and provides access to private
equity investments. Diversified by regions, investment stages and vintage years,
shaPE invests in globally selected private equity companies. shaPE was founded
in 2001 and is listed on the SIX Swiss Exchange under the ticker symbol “SHPN”.

Further inquiry note:
Dr. Simon Lamprecht
shaPE Capital AG
Poststrasse 4
8808 Pfäffikon SZ
Tel: +41/55/415'28'20
E-Mail: [email protected]
Internet: www.shape-capital.com

end of announcement euro adhoc
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emitter: shaPE Capital AG
Poststrasse 4
CH-8808 Pfäffikon (SZ)
phone: +41/55/415 28 20
FAX: +41/55/415 28 21
mail: [email protected]
WWW: http://www.shape-capital.com
sector: Financial & Business Services
ISIN: CH0012885841
indexes:
stockmarkets: official dealing: SWX Swiss Exchange
language: English

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