EANS-Adhoc: Warimpex Finanz- und Beteiligungs AG / Warimpex has successfully placed convertible bonds

--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------

29.04.2011

Not intended for distribution in the USA, Canada, Australia and Japan.
This is neither an offer nor a solicitation to buy securities.

Warimpex has successfully placed convertible bonds

• Nominal Value: PLN 39,500,000

    • Denomination: PLN 250,000

    • Coupon: 8.5% p.a., payable semi-annually (act/365)

• Conversion Price: PLN 12.79

Vienna, 29 April 2011 - Warimpex Finanz- und Beteiligungs Aktiengesellschaft
("Warimpex" or the "Company") has today successfully issued convertible bonds
with an aggregate nominal value of PLN 39.5 million (this equals approximately
EUR 10.0 million), a denomination of PLN 250,000 per bond (approximately
EUR 63,500), with a maturity of three years and a coupon of 8.5% p.a., payable
semi-annually (act/365).

The conversion price has been set at PLN 12.79 (approximately EUR 3.25).
Accordingly, the convertible bonds grant a right of conversion into or
subscription for up to 3,088,350 bearer shares of the Company.

Wood & Company Financial Services, a.s., S.A. Oddzia? w Polsce has acted as a
lead manager, the sole bookrunner and placement agent, and Raiffeisen
Centrobank AG has acted as the co-lead manager, conversion agent, paying agent
and calculation agent with regard to the offering.

The convertible bonds have been offered and placed by means of a private
placement to qualified investors outside the USA, Canada, Australia and Japan.
A public offering has not been conducted. Trading in the convertible bonds on
the Catalyst alternative trading system operated by BondSpot S.A., a subsidiary
of the Warsaw Stock Exchange, is expected to commence shortly.

Important Note:

Not for release, publication or distribution in the USA, Canada, Australia and
Japan. This ad-hoc release is for information purposes only and does not
constitute an offer to sell or a solicitation of an offer to purchase
securities. In connection with this transaction there has not been, nor will
there be, any public offering of the convertible bonds or the shares of
Warimpex. The convertible bonds and the shares to be delivered upon the
conversion of the convertible bonds have not been and shall not be registered
under the U.S. Securities Act of 1933, as amended, and may not be offered, sold
or delivered within the USA or to U.S. persons (as defined in regulation S
under the U.S. Securities Act of 1933, in the respective amended version)
absent registration under or an applicable exemption from the registration
requirements of the United States securities laws, or made public in
publications with a general circulation in the USA.

Further inquiry note:
Warimpex Finanz- und Beteiligungs AG
Phone: +43 1 310 55 00
Christoph Salzer
mailto:presse@warimpex.com
Daniel Folian, mailto:investor.relations@warimpex.com
www.warimpex.com
end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer:      Warimpex Finanz- und Beteiligungs AG
             Floridsdorfer Hauptstraße 1
             A-1210 Wien
phone:       +43 1 310 55 00
FAX:         +43 1 310 55 00 - 122
mail:        office@warimpex.com
WWW:         www.warimpex.com
sector:      Real Estate
ISIN:        AT0000827209
indexes:     ATX Prime

stockmarkets: official market: Wien
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

print