EANS-Adhoc: Sparkassen Immobilien AG - repurchase program for S IMMO INVEST participating certificates

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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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18.01.2011

Following approval by the Supervisory Board, the Management Board of Sparkassen
Immobilien AG (Bloomberg: SPI:AV, Reuters: SIAG.VI) adopted a program for the
repurchase of S IMMO INVEST participating certificates (ISIN: AT0000795737 and
AT0000630694; Bloomberg: SIIG:AV, Reuters: SIMIg.VI) on 18 January 2011. The
Company may repurchase up to 5% of the certificates, or a total of 161,244
units, on the stock exchange. The Company reserves the right to cancel all or
some of the certificates repurchased.

The maximum repurchase price is set at EUR 72.67 per participating certificate.
The repurchase program will begin on 19 January 2011 and will end the latest on
08 April 2011.

Neither this announcement nor the repurchase program itself constitute a public
offer by the Company to acquire participating certificates.

Further inquiry note:
Investor Relations:
Sylwia Milke
phone: +43(0)50100-27402
fax: +43(0)05100-927402
mailto:sylwia.milke@simmoag.at
www.simmoag.at

Corporate Communications:
Bosko Skoko
phone: +43(0)50100-27522
fax: +43(0)05100-927522
mailto:bosko.skoko@simmoag.at
www.simmoag.at
end of announcement euro adhoc
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issuer:      Sparkassen Immobilien AG
             Friedrichstraße  10
             A-1010 Wien
phone:       +43(0)50100-27550
FAX:         +43(0)050100-927559
mail:        office@simmoag.at
WWW:         www.simmoag.at
sector:      Real Estate
ISIN:        AT0000652250
indexes:     ATX Prime, IATX

stockmarkets: official market: Wien
language: English

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