EANS-Adhoc: AvW Invest AG / AvW Invest AG: Postponement of 2009 financial statements

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.

20.04.2010

AvW Invest AG hereby announces that the originally scheduled date for the publication of the 2009 financial statements will be postponed from 23 April 2010 to 17 May 2010. This postponement is caused by a slight delay in completing the required financial documentation. Therefore, the auditing company, Moore Stephens Ehrenböck Wirtschaftsprüfung Steuerberatung GmbH, A-2620 Neunkirchen, Schwarzottstraße 2a, is unable to complete the audit of the financial statements within the originally stipulated period.

The key problem is that apparently a further delay has arisen in producing the expert opinion commissioned from Dr. Kleiner by the public prosecutor´s office. Moore Stephens Ehrenböck have strongly advised us to postpone the preparation of the annual financial statements until such time as Dr. Kleiner´s expert opinion has been submitted, because in the auditor´s view the opinion will contain information that is relevant for the annual financial statements, both in terms of AvW´s operation as a going concern and also with regard to the amounts to be allocated to provisions. The findings of the expert opinion will also impact the preparation of the notes and the management report.

For the reasons outlined above, AvW Invest AG will not be able to publish its annual financial report for the 2009 financial year, including the auditor´s report and opinion, at the originally stipulated date. Publication is now scheduled for 17 May 2010.
The Annual General Meeting of AvW Invest AG will be held on 22 June 2010.

About AvW Invest AG

AvW Invest AG (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS), which is domiciled in Krumpendorf at Lake Wörthersee, is active in two core business areas: equity investments and real estate.

end of announcement euro adhoc

issuer: AvW Invest AG Hauptstraße 118 A-9201 Krumpendorf/Wörthersee phone: +43(0)4229 3621 FAX: +43(0)4229 2386 mail: info@avw.eu WWW: www.avw.eu sector: Financial & Business Services ISIN: AT0000930409 indexes: Standard Market Auction

stockmarkets: free trade: Frankfurt, Stuttgart, official market: Wien language: English

Rückfragen & Kontakt:

AvW INVEST AG
Mag. Brigitte Burger
Tel.: 04229/3621-24
b.burger@avw.eu

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