TAG Tegernsee Immobilien- und Beteiligungs-AG:

TAG Tegernsee Immobilien u. Beteiligungs AG / Change of PersonnelRelease of a Corporate News, transmitted by DGAP - a company of EquityStoryAG.The issuer / publisher is solely responsible for the content of this announcement.----------------------------------------------------------------------TAG’s Management Board extended (Hamburg, 26 March 2008) The Supervisory Board of TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft (TAG) has appointed Hans-Ulrich Sutter(59) to the Management Board as Chief Financial Officer. Mr. Sutter will becommencing his duties on 1 April 2008.Hans-Ulrich Sutter has hitherto held the same position at Deutsche RealEstate AG in Hamburg, prior to which he was responsible for financialmatters at GSW Gemeinnützige Siedlungs- und Wohnungsbaugesellschaft Berlin.Says Andreas Ibel, TAG’s CEO: 'We have gained in Mr. Sutter an expert withmany years of experience and knowledge as our new chief financial officer.'The Management Board of TAG now comprises: Andreas Ibel (CEO), Erhard Flintand Hans-Ulrich Sutter.Press inquiries:TAG Tegernsee Immobilien- undBeteiligungs-AktiengesellschaftHead of investor and public relations Kirsten SchleicherTel. +49 (0) 40 380 32 300Fax +49 (0) 40 380 32 388pr@tag-ag.comContact:TAG Tegernsee Immobilien- undBeteiligungs-AktiengesellschaftHead of investor and public relations Kirsten SchleicherTel. +49 (0) 40 380 32 300Fax +49 (0) 40 380 32 388pr@tag-ag.com26.03.2008  Financial News transmitted by DGAP---------------------------------------------------------------------- Language:     EnglishIssuer:       TAG Tegernsee Immobilien u. Beteiligungs AG              Steckelhörn 9              20457 Hamburg              DeutschlandPhone:        +49 (0)40 380 32 300Fax:          +49 (0)40 380 32 399E-mail:       info@tag-ag.comInternet:     www.tag-ag.comISIN:         DE0008303504WKN:          830350Indices:      SDAXListed:       Regulierter Markt in Frankfurt (Prime Standard), München;              Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News                                     DGAP News-Service ---------------------------------------------------------------------------