EANS-Adhoc: conwert Immobilien Invest SE / AD HOC RELEASE

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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28.01.2010

Not for release or publication in, or distribution to, the United States of
America, Canada, Japan and Australia or any other jurisdiction in which offers
or sales of securities of conwert Immobilien Invest SE are prohibited by
applicable law.

Vienna, 28 January 2010: conwert Immobilien Invest SE ("conwert") announces that
the Joint Lead Managers exercised the over-allotment option granted to them by
conwert in connection with the issue of its 5.25% Convertible Bonds due 2016 in
an initial aggregate principal amount of EUR 131 million, ISIN AT0000A0GMD6 (the
"Bonds"), in an amount of EUR 4 million; thus the final aggregate principal
amount of Bonds is EUR 135 million.

The information contained herein is not for release or publication in, or
distribution to, the United States (as defined below), Canada, Japan and
Australia, or any other jurisdiction in which offers or sales of securities of
conwert Immobilien Invest SE are prohibited by applicable law.

This press release does not constitute or form part of any offer or solicitation
to purchase or subscribe for sale securities of conwert Immobilien Invest SE. No
public offer of the Bonds will be made in Austria or any other jurisdiction.

This press release is not being issued in the United States of America, its
territories and possessions, any State of the United States of America, and the
District of Columbia ("United States") and must not be distributed, directly or
indirectly, in or into the United States. The securities referred to in this
press release (including the Bonds and the shares of conwert Immobilien Invest
SE) have not been and will not be registered under the U.S. Securities Act of
1933, as amended ("Securities Act"), and may not be offered or sold in the
United States absent an exemption from registration under the Securities Act. No
offer or acceptance to repurchase any existing bonds will be accepted from the
United States of America.

This press release is not for general publication, release or distribution in
the United Kingdom and may only be distributed in the United Kingdom to persons
who (i) are investment professionals falling within article 19(5) of the U.K.
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, in its
current version (the "Order"), or (ii) are high net worth entities or other
persons to whom it may lawfully be communicated falling within article 49(2) (a)
to (d) of the Order (all such persons will be referred to as "Relevant Persons"
below). Anyone in the United Kingdom who is not a Relevant Person may not act on
the basis of this press release or its contents. Any investment or investment
activity to which this press release refers is only available to Relevant
Persons and is only carried out with Relevant Persons.

Further inquiry note:
conwert Immobilien Invest SE
Peter Sidlo, Head of Corporate Communications
T +43 / 1 / 521 45-250
E [email protected]

Metrum Communications
Roland Mayrl
T +43 / 1 / 504 69 87-331
E [email protected]
end of announcement euro adhoc
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issuer:   conwert Immobilien Invest SE
          Albertgasse 35
          A-1080 Wien
phone:    52145-0
FAX:      52145-111
mail:     [email protected]
WWW:      http://www.conwert.at
sector:   Real Estate
ISIN:     AT0000697750
indexes:  WBI

stockmarkets: official dealing: Wien
language: English

Digitale Pressemappe: http://www.ots.at/pressemappe/2908

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