DIC Asset successfully realises several disposals even in difficult market environment

DIC Asset AG / Miscellaneous

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In spite of the difficult market environment, the Frankfurt-based company
DIC Asset AG (WKN 509840/ ISIN DE0005098404) has turned over a total volume
of EUR 36 million with several selling transactions concerning the sale of
commercial real estate in Bavaria, Berlin and the Ruhr area. In each case,
last year's book and market values of the properties were exceeded.

The largest of the properties sold was the headquarter of Pfleiderer AG in
Neumarkt, Bavaria, which DIC acquired in 2005. The architecturally
attractive administration building (architect: Hadi Teherani) with 9,500
sqm office space was sold to a private investor.

In Berlin, five smaller office properties were sold to a private investor.
The properties are in locations such as the Teltower Damm, Mariendorfer
Damm and Golzstraße.

In addition, DIC Asset sold a major hypermarket in the greater Paderborn
area to an institutional investor.

For the majority, realisation of the relevant income can still be expected
in the fourth quarter of 2008. DIC Asset was advised in the Pfleiderer and
Paderborn transactions by the brokers Brockhoff & Partner in Essen, and in
the disposal in Berlin by the brokers Engel & Völkers.

CEO Ulrich Höller: 'These disposals put us on the finishing straight for
2008. They provide the proof that our sales strategy and our network are
effective even in an extremely difficult market environment and that
profits can be made.'

Further information about DIC Asset AG is available on the Internet at

About DIC Asset AG
Established in 2002, DIC Asset AG, with registered office in Frankfurt am
Main, is a real estate company that focuses exclusively on investing in
German commercial real estate and maximising earnings from its investments.
DIC Asset AG's real estate portfolio currently includes around 1.3 million
sqm of floor space, spread over 340 properties. The portfolio is divided
into three segments: The Core portfolio includes the proprietary portfolio
held on a long-term basis and offering stable, attractive rental yields;
the Value-Added portfolio contains real estate with promising performance
potential over the medium term; while the Opportunistic Co-Investments
portfolio is comprised of real estate investments that have a more
pronounced risk/return profile, which are placed with third parties
following a repositioning under an individual business plan. Real estate
assets under management currently amount to approx. EUR 3.5 billion. DIC
Asset AG has been listed on the SDAX index since June 2006.
17.12.2008  Financial News transmitted by DGAP
Language:     English
Issuer:       DIC Asset AG
              Eschersheimer Landstr. 223
              60320 Frankfurt
Phone:        +49 69 9454858-0
Fax:          +49 69 9454858-99
E-mail:       info@dic-asset.de
Internet:     www.dic-asset.de
ISIN:         DE0005098404
WKN:          509840
Indices:      S-DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service