EANS-Adhoc: shaPE Capital AG / Year-end results 2009

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.


shaPE Capital AG ("shaPE") reports a total net asset value of CHF 143.3 million at year end 2009. On a per share basis the net asset value decreased by 11.1% over the year.

The turbulences on the global financial markets led to significant devaluations on private equity investments until mid-year 2009. In the second half of 2009, valuations started to improve again backed by a stabilization in EBITDA´s and higher market comparables. The overall NAV decrease of shaPE relates to unrealized devaluations in the underlying portfolio as well as to a realized write-down related to the secondary sale that was conducted in the first half of 2009 in order to de-risk the portfolio, i.e. to generate cash and to reduce unfunded commitments.

In September 2009 shaPE announced the implementation of a realization strategy. With the March 2010 announcement of a further sale of three mainly unfunded commitments and a new CHF 12 million credit line, the board is convinced that shaPE is now in a stable position for an optimal execution of the realization strategy.

The full annual report 2009 is available on www.shape-capital.com.

end of ad-hoc-announcement ================================================================================ shaPE is a SIX Swiss Exchange-listed investment company with exposure to a global private equity portfolio built over the past years. In 2009 shaPE decided to initiate a realization strategy with the ultimate goal to return the intrinsic value of the current portfolio to its shareholders. Under this realization strategy shaPE does not make any new commitments to private equity funds, but focuses on harvesting the current portfolio over the coming years. shaPE is listed on the SIX Swiss Exchange under the ticker symbol “SHPN”.

end of announcement euro adhoc

issuer: shaPE Capital AG Wolleraustrasse 41a CH-8807 Freienbach phone: +41/58/596 12 96 FAX: +41/58/596 12 97 mail: info@shape-capital.com WWW: http://www.shape-capital.com sector: Financial & Business Services ISIN: CH0012885841 indexes:

stockmarkets: official dealing: SIX Swiss Exchange
language: English

Rückfragen & Kontakt:

Dr. Simon Lamprecht
shaPE Capital AG
Wolleraustrasse 41a
8807 Freienbach
Phone: +41 58 596 12 96
Fax: +41 58 596 12 97
E-mail: info@shape-capital.com
Internet: www.shape-capital.com