TAG Immobilien AG: Change in TAG Immobilien AG's Management Board

TAG Immobilien AG / Change of PersonnelRelease 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.----------------------------------------------------------------------* CEO Andreas Ibel to leave the Company on 30 June 2009* Rolf Elgeti appointed new CEO by the Supervisory Board(Hamburg, 12 June 2009) The CEO of TAG Immobilien AG, Andreas Ibel, will beleaving the Company effective 30 June 2009 to pursue new challenges outsidethe Group. Andreas Ibel had been a member of TAG's Management Board since2006. The Supervisory Board and the Management Board thank Mr. Ibel for hisvaluable contribution over so many years.The Supervisory Board has appointed Rolf Elgeti as TAG's new CEO effective1 July 2009. Rolf Elgeti worked as an analyst in the United Kingdom formany years, including for ABN Amro and Commerzbank Securities among others,and has an excellent knowledge of the capital markets. To date, he has beenmanaging real estate funds in Berlin on an independent basis. He joinedTAG's Supervisory Board in October 2008.Contact:TAG Immobilien AGHead of investor and public relations Kirsten SchleicherTel. +49 (0) 40 380 32 300Fax +49 (0) 40 380 32 390pr@tag-ag.com12.06.2009  Financial News transmitted by DGAP---------------------------------------------------------------------- Language:     EnglishIssuer:       TAG Immobilien AG              Steckelhörn 5              20457 Hamburg              DeutschlandPhone:        040 30 60 59-40Fax:          040 / 30 60 59 - 49E-mail:       info@tag-ag.comInternet:     www.tag-ag.comISIN:         DE0008303504WKN:          830350Indices:      SDAXListed:       Regulierter Markt in Frankfurt (Prime Standard), München;              Freiverkehr in Berlin, Hannover, Hamburg, Düsseldorf,              Stuttgart End of News                                     DGAP News-Service ---------------------------------------------------------------------------