TAG AG: Preliminary figures for fiscal 2006

TAG Tegernsee Immobilien u. Beteiligungs AG / Preliminary Results/Final Results

Release 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.
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Ad hoc bulletin pursuant to Section 15 of the German Securities Trading Act

Preliminary 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. Earnings
before tax (EBT) came to EUR 6.4 million, reversing the previous year’s
loss of EUR 32.3 million and exceeding the guidance of EUR 6.0 million
which had been raised in August 2006. Consolidated post-tax earnings came
to EUR 2.8 million, an improvement over the previous year’s loss of EUR
35.5 million.

Bau-Verein zu Hamburg Aktien-Gesellschaft, Hamburg (Bau-Verein), which is a
member of the TAG Tegernsee Immobilien- und Beteiligungs-Aktiengesellschaft
Group, closed fiscal 2006 with record earnings. Earnings before tax (EBT)
surged more than fourfold from EUR 3.9 million in the previous year to EUR
16.4 million in 2006, with consolidated post-tax earnings rising from EUR
1.0 million to EUR 14.6 million.

The figures stated here for the financial year ending December 31, 2006 are
preliminary subject to approval and adoption by the Supervisory Board.

TAG Tegernsee Immobilien- und 

Beteiligungs-Aktiengesellschaft

Hamburg, April 2, 2007 






DGAP 02.04.2007 
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Language:     English
Issuer:       TAG Tegernsee Immobilien u. Beteiligungs AG
              Steckelhörn 9
              20457 Hamburg Deutschland
Phone:        +49 (0)40 30 60 59-40
Fax:          +49 (0)40 30 60 59-49
E-mail:       info@tag-ag.com
www:          www.tag-ag.com
ISIN:         DE0008303504
WKN:          830350
Indices:      SDAX
Listed:       Amtlicher Markt in Frankfurt (Prime Standard), München;
              Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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