TAG Immobilien AG: TAG Immobilien AG to issue a convertible bond

TAG Immobilien AG / Corporate Action17.12.2009 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, acting with the approval of the Supervisory Board, the ManagementBoard of TAG Immobilien AG ('TAG' for short)passed a resolution on thebasis of the authorisation granted at TAG's annual general meeting of 27August 2009 to issue a convertible bond, which will be placed privately.The convertible bond has a volume of EUR 12,500,000.00, a coupon of 4.5percent p.a., a term of three years and an issue price of 100 percent ofthe nominal amount. In accordance with the shareholder authorisation, theconversion price has been set at EUR 5.15 which is 130 percent of thereference price. The conversion rights relate to bearer shares,which will be issued using the contingent capital authorised in aresolution passed at TAG's annual general meeting of 27 August 2009. TheManagement Board has excluded the shareholders' pre-emptive subscriptionrights with the Supervisory Board's approval.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.com17.12.2009  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 ---------------------------------------------------------------------------