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

TAG Immobilien AG / Change of Personnel

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.
----------------------------------------------------------------------

* 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 be
leaving the Company effective 30 June 2009 to pursue new challenges outside
the Group. Andreas Ibel had been a member of TAG's Management Board since
2006. The Supervisory Board and the Management Board thank Mr. Ibel for his
valuable contribution over so many years.

The Supervisory Board has appointed Rolf Elgeti as TAG's new CEO effective
1 July 2009. Rolf Elgeti worked as an analyst in the United Kingdom for
many years, including for ABN Amro and Commerzbank Securities among others,
and has an excellent knowledge of the capital markets. To date, he has been
managing real estate funds in Berlin on an independent basis. He joined
TAG's Supervisory Board in October 2008.


Contact:
TAG Immobilien AG
Head of investor and public relations 
Kirsten Schleicher

Tel. +49 (0) 40 380 32 300
Fax +49 (0) 40 380 32 390
pr@tag-ag.com



12.06.2009  Financial News transmitted by DGAP
----------------------------------------------------------------------
 
Language:     English
Issuer:       TAG Immobilien AG
              Steckelhörn 5
              20457 Hamburg
              Deutschland
Phone:        040 30 60 59-40
Fax:          040 / 30 60 59 - 49
E-mail:       info@tag-ag.com
Internet:     www.tag-ag.com
ISIN:         DE0008303504
WKN:          830350
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), München;
              Freiverkehr in Berlin, Hannover, Hamburg, Düsseldorf,
              Stuttgart
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------