DGAP-Adhoc

MAGNAT Real Estate AG: MAGNAT sells Romanian property at a profit of approx. EUR 0.9 million

MAGNAT Real Estate AG  / Key word(s): Real Estate/Disposal

01.03.2013 11:43

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---

Frankfurt am Main, March 1, 2013 - MAGNAT Real Estate AG (´MAGNAT´, ISIN
DE000A0XFSF0) has signed a contract for the sale of the project in
Mogosoaia in Romania under a share deal. This transaction will result in a
positive impact on MAGNAT Group´s earnings in accordance with IFRS. The
impact will be approximately EUR 0.9 million and will already become
effective in the Group´s fourth quarter results of fiscal year 2012/2013
(January 1, 2013 to March 31, 2013). At the same time, this transaction
will lead to an approximate two million euro reduction in MAGNAT´s
liabilities.

Through this sale, MAGNAT has succeeded in disposing one of its investments
at a favourable price and further reducing its debt, even in still very
challenging markets. Currently, MAGNAT is working intensively on further
disposals.

01.03.2013 DGAP´s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language:     English
Company:      MAGNAT Real Estate AG
              Lyoner Straße 32
              60528 Frankfurt am Main
              Germany
Phone:        +49 (0)69  / 719 189 79 0
Fax:          +49 (0)69  / 719 189 79 11
E-mail:       [e-mail]
Internet:     www.magnat.ag
ISIN:         DE000A0XFSF0
WKN:          A0XFSF
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart

End of Announcement                             DGAP News-Service

---