IMMOFINANZ AG confirms the successful placement of its 2% Convertible Bonds 2024 with a final issue volume of EUR 297.2 million and announces an acceptance quota of 43.4% with respect to the incentiviced conversion invitation of its outstanding 4.25% EUR 515.1 million Convertible Bonds 2018

NOT FOR RELEASE, PUBLICATION, DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE USA, AUSTRALIA, CANADA OR JAPAN

• The final issue volume of the 2% convertible bonds 2024 was set at EUR 297.2 million
• The outstanding volume of the 4.25% Convertible Bonds 2018 will be reduced to EUR 287.3 million
• No claw back in relation to the 2% convertible bonds 2024

On the expiration date, 19 January 2017, 7 p.m. CET, of the incentivized conversion invitation of the company dated 12 January 2017, holders representing a volume 43.4% of the outstanding 4.25% EUR 515.1 million senior unsecured convertible bonds due 2018, ISIN XS0592528870, have been submitted in offers to the company. All of these offers will be accepted by the company.

The final issuance volume of the 2% convertible bonds 2024 which were already priced by the company amounts to EUR 297.2 million. A claw back in relation to the 2% convertible bonds 2024 will not occur; instead, the Joint Bookrunners, Deutsche Bank, London Branch and J.P. Morgan, will make necessary adjustments.

Closing will take place on or around 24 January 2017.

Disclaimer
This announcement does not contain nor constitutes an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.
This release is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States of America would be made by means of a prospectus that could be obtained from the Company and would contain detailed information about the Company and management, as well as financial statements. There will be no public offer of securities in the United States of America.
The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.