Vitus Eckert and Klaus Hübner will resign from the Supervisory Board of IMMOFINANZ AG when the spin-off of 51% of the shares in BUWOG AG from IMMOFINANZ AG is recorded in the company register. This registration is expected to occur on 26 April 2014. Mr. Eckert and Mr. Hübner are candidates for the Supervisory Board of BUWOG AG, which will be elected by the extraordinary general meeting of BUWOG on 15 May 2014.
The IMMOFINANZ Supervisory Board will then include the following four shareholder representatives for the time-being: Michael Knap (chairman), Rudolf Fries (vice-chairman), Christian Böhm and Nick J.M. van Ommen.
Note: The agenda and invitation for the extraordinary general meeting of BUWOG AG can be found under www.buwog.com. BUWOG also issued a press release on this subject today.