TAG Immobilien AG: TAG acquiring residential real estate portfolio; resolution passed for non-cash issue of around 2.4 million new shares

TAG Immobilien AG / Capital Increase18.12.2009 Dissemination 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.---------------------------------------------------------------------------Today, TAG Immobilien AG (or 'TAG' for short) signed a contract for theacquisition of a portfolio of residential real estate mostly located inBerlin. TAG has acquired the shares in the real estate owning entity. Theportfolio comprises of 787 units with a total area of around 51,300 squaremetres at an average price of around EUR 800 per square metre. Thetransaction has a total value of EUR 43 million and is being financed byassuming existing bank debt as well as the non-cash issue of new shares. Tothis end, the Management Board acting with the Supervisory Board's approvalis utilising the capital authorised in a resolution passed at the annualgeneral meeting held on 27 August 2009 and will be issuing around 2.4million shares at a price of EUR 5.50 per share each on a non-cash basis tobe paid for through the contribution of the shares in the property owningentity. The shareholders' statutory subscription rights have been excluded.As a result of the fresh issue, TAG's share capital will rise from acurrent EUR 32.5 million to EUR 34.9 million. The acquisition of the sharesis subject to the condition precedent that the equity issue is duly enteredin the commercial register; this is expected for early 2010.Reference should be made to the press release of today's date for furtherinformation.Contact:TAG Immobilien AGInvestor und Public Relations Britta Lackenbauer / Dominique MannTel. +49 (0) 40 380 32 -386 / -305Fax +49 (0) 40 380 32 390ir@tag-ag.com18.12.2009  Ad hoc announcement, Financial News and Media Release distributed by DGAP.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      TAG Immobilien AG              Steckelhörn 5              20457 Hamburg              DeutschlandPhone:        040 380 32 300Fax:          040 380 32 390E-mail:       ir@tag-ag.comInternet:     www.tag-ag.comISIN:         DE0008303504WKN:          830350Indices:      SDAXListed:       Regulierter Markt in Frankfurt (Prime Standard), München;              Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg,              Stuttgart End of News                                     DGAP News-Service ---------------------------------------------------------------------------