Announcement

TAG Immobilien AG: Rolf Elgeti joining TAG’s Supervisory Board

Hamburg, October 23, 2008). Dr. Wolfgang Schnell has stepped down from the Supervisory Board of Hamburg-based

TAG Immobilien AG: Rolf Elgeti joining TAG’s Supervisory Board

 
TAG Immobilien AG / Change of Personnel

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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(Hamburg, October 23, 2008). Dr. Wolfgang Schnell has stepped down from the
Supervisory Board of Hamburg-based company TAG Immobilien AG for personal
reasons as of September 30, 2008. The Local Court of Hamburg has appointed
Rolf Elgeti, a capital markets and real estate expert, as his successor.
Consequently, TAG has gained in Mr. Elegti a new member for its Supervisory
Board who has extensive knowledge of the real estate sector and great
experience in the capital markets.

After studying business management in Mannheim and Paris, Mr. Elgeti worked
for renowned banks in London (including ABN Amro and Commerzbank) as an
analyst and equities strategist. After working in this area for several
years, he established the real estate investment company Elgeti Ashdown
Advisers Ltd.

Accordingly, TAG’s Supervisory Board now comprises Dr. Lutz Ristow, who was
previously the Company’s CEO for many years, as well as Prof. Dr. Ronald
Frohne, Rolf Hauschildt and Mr. Elgeti.





About TAG Immobilien AG

A real estate company listed in the SDAX, TAG Immobilien AG can look back
on a history spanning 125 years. TAG’s main business activities entail
residential and commercial real estate in German metropolitan regions as
well as the provision of real estate services.

The Group’s operating business is primarily performed by its subsidiary,
the listed company Bau-Verein zu Hamburg AG as well as TAG
Gewerbeimmobilien AG and TAG Asset Management GmbH. The company’s
activities focus on a buy, build and hold strategy aimed at generating long
term value from its portfolios.

TAG has branches in Hamburg, Berlin, Leipzig and Munich.


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

Tel. +49 (0) 40 380 32 300
Fax +49 (0) 40 380 32 388
pr@tag-ag.com




23.10.2008 Financial News transmitted by DGAP
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Language: English
Issuer: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Deutschland
Phone: 040 380 32 -300
Fax: 040 380 32 -388
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

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