DGAP-DD: TAG Tegernsee Immobilien u. Beteiligungs AG english

Notification concerning transactions by persons performing managerialresponsibilities pursuant to section 15a of the WpHGDirectors' Dealings notification transmitted by DGAP - a company of EquityStory AG.The person with duty of notification is solely responsible for the content of this announcement.------------------------------------------------------------------------------Details of the person subject to the disclosure requirementLast name: IbelFirst name: AndreasCompany: TAG AGPosition: Member of a managing bodyInformation about the transaction with duty of notificationDescription of the financial instrument: ShareISIN/WKN of the financial instrument: DE0008303504Type of transaction: BuyDate: 20.05.2008Price: 6.11Currency: EURNo. of items: 2000Total amount traded: 12220.00Place: XETRAInformation about the company with duty of publicationIssuer: TAG Tegernsee Immobilien u. Beteiligungs AGSteckelhörn 920457 HamburgDeutschlandISIN: DE0008303504WKN: 830350End of Directors' Dealings Notification (c) DGAP 22.05.2008 Financial News transmitted by DGAPID 6071