TAG AG: Preliminary figures for fiscal 2006

TAG Tegernsee Immobilien u. Beteiligungs AG / Preliminary Results/Final ResultsRelease of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------Ad hoc bulletin pursuant to Section 15 of the German Securities Trading ActPreliminary figures for fiscal 2006  - TAG Tegernsee Immobilien- und Beteiligungs-Aktiengesellschaft with    increased consolidated EBT of EUR 6.4 million.  - Subsidiary Bau-Verein zu Hamburg with record earnings TAG Tegernsee Immobilien- und Beteiligungs-Aktiengesellschaft, Hamburg(TAG) closed 2006 with a substantial increase in IFRS earnings. Earningsbefore tax (EBT) came to EUR 6.4 million, reversing the previous year’sloss of EUR 32.3 million and exceeding the guidance of EUR 6.0 millionwhich had been raised in August 2006. Consolidated post-tax earnings cameto EUR 2.8 million, an improvement over the previous year’s loss of EUR35.5 million.Bau-Verein zu Hamburg Aktien-Gesellschaft, Hamburg (Bau-Verein), which is amember of the TAG Tegernsee Immobilien- und Beteiligungs-AktiengesellschaftGroup, closed fiscal 2006 with record earnings. Earnings before tax (EBT)surged more than fourfold from EUR 3.9 million in the previous year to EUR16.4 million in 2006, with consolidated post-tax earnings rising from EUR1.0 million to EUR 14.6 million.The figures stated here for the financial year ending December 31, 2006 arepreliminary subject to approval and adoption by the Supervisory Board.TAG Tegernsee Immobilien- und Beteiligungs-AktiengesellschaftHamburg, April 2, 2007 DGAP 02.04.2007 ---------------------------------------------------------------------- Language:     EnglishIssuer:       TAG Tegernsee Immobilien u. Beteiligungs AG              Steckelhörn 9              20457 Hamburg DeutschlandPhone:        +49 (0)40 30 60 59-40Fax:          +49 (0)40 30 60 59-49E-mail:       info@tag-ag.comwww:          www.tag-ag.comISIN:         DE0008303504WKN:          830350Indices:      SDAXListed:       Amtlicher Markt in Frankfurt (Prime Standard), München;              Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart End of News                                     DGAP News-Service ---------------------------------------------------------------------------