info@dic-asset.de

+49 69 9454858–0

DE

DIC combines asset and property management activities

DIC Asset AG / Miscellaneous

Announcement transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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With immediate effect, the Frankfurt-based DIC Asset AG will be handling
its asset and property management activities through DIC ONSITE GmbH, which
has been established by the renaming of FAY Property Management GmbH. This
company was also taken over during the purchase of the FAY property
portfolio by DIC. By means of this renaming and repositioning, it provides
the strategically important asset and property management business segment
with a separate market appearance, in close proximity to DIC, and lays the
foundation for achieving further expansion potentials.

DIC Asset AG currently holds 74.9 per cent of DIC ONSITE GmbH, the FAY
Group holds 25.1 per cent. At the start, DIC ONSITE has a staff of 40
employees. The managing directors are Marc Balkenhol (39) and Jörg-Dieter
Rünzler (42).

The strategic repositioning also consists of an expansion in the network of
branches of DIC Asset AG. In addition to offices in Frankfurt, Mannheim and
Düsseldorf, branches will now be opened in Hamburg and Berlin. As a
consequence, DIC ONSITE now manages the diversified property portfolio of
DIC Asset AG throughout Germany directly from the geographic centres of the
portfolio. At present, DIC ONSITE manages around 300 properties with a
total value of 2.2 billion euros. In a further expansion stage, there are
plans for DIC ONSITE to actively offer its services to external customers
in the market from 2008 onwards.

Ulrich Höller, Chairman of the Board (CEO) of DIC Asset AG: 'We define
asset and property management as a decisive value creating approach, which
can provide a significant contribution towards a growth strategy.
Consequently, it is very important for us to take into account the dynamic
growth of DIC Asset and to operate in close proximity to the tenants and
properties. The development of our presence throughout Germany by means of
new branch offices is characteristic of this philosophy.'

DIC ONSITE – Managing Director Marc Balkenhol: 'The central success factor
in our business is close proximity to tenants and properties. As a
consequence, our competent teams are successively moving to the geographic
centres of the DIC properties so as to be able to provide efficient real
estate and a first-class service in close proximity to our
customers.'

DIC/Investor Relations:
Stephan Gramkow
Grünhof · Eschersheimer Landstraße 223
60320 Frankfurt am Main
Fon. (069) 27 40 33-10
Fax (069) 27 40 33-70
ir@dic-asset.de 


DGAP 15.02.2007 
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Language:     English
Issuer:       DIC Asset AG
              Eschersheimer Landstr. 223
              60320 Frankfurt Deutschland
Phone:        069 / 274033-0
Fax:          069 / 274033-69
E-mail:       info@dic-asset.de
WWW:          www.dic-asset.de
ISIN:         DE0005098404
WKN:          509840
Indices:      S-DAX
Listed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
              Berlin-Bremen, München, Stuttgart, Düsseldorf
 
End of News                                     DGAP News-Service
 
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