|Offeree company||ECO Business-Immobilien AG (FN 241364y)|
|Offeror||conwert Immobilien Invest SE|
|Acceptance period||02 Jul to 30 Jul 2010, 17:00 hrs. Vienna local time|
|Offer price||EUR 7.15 per share ofECO Business-Immobilien AG|
|Offer volume||25,380,086 shares of ECO Business-Immobilien AG|
|Premium||43.6% (3M); 47.4% (6M); 60.7% (12M)|
(1) Non-prohibition and/or approval of the envisaged transaction by the competent antitrust authorities of Austria and Germany by 31 August 2010.
(2) The Bidder purchases more than 50% of the Shares in the Target Company which are subject of the Offer.If the Bidder and parties acting in concert with the Bidder purchase Shares in parallel to the Offer, such share purchases shall be added to the declarations of acceptance.
(3) The Target Company has neither become insolvent (Zahlungsunfähig) nor have bankruptcy proceedings, restructuring proceedings (Sanierungsverfahren) or reorganisation proceedings been initiated or dismissed by a competent court due to lack of assets.
(4) No changes or events occur by the end of the Acceptance Period which result in or are very likely to result in a reduction of the consolidated net assets (excluding net assets attributable to minorities) of the Offeree Company by 15% or more compared to the audited consolidated net assets (excluding net assets attributable to minorities) as of 31 March 2010.
|Paying agent||UniCredit Bank Austria AG, Schottengasse 6-8, 1010 Vienna|
|Share held by Offeror prior to announcement of bid|