DIC Asset AG / Key word(s): AGM/EGM

05.07.2011 / 14:39

2011 General Shareholders' Meeting of DIC Asset AG:
* letting volume up 12 percent to over 130,000 sqm in the first half of the year
* All agenda items approved by a large majority


At today's General Shareholders' Meeting of DIC Asset AG (WKN 509840/ ISIN DE0005098404) in Frankfurt, which closed at 1:35pm, CEO Ulrich Höller also announced provisional key figures for the first half of 2011: within this period, DIC Asset AG achieved a letting volume of over 130,000 sqm of commercial space (of which around 70,000 sqm relates to lease renewals and around 60,000 sqm to new tenancies). This equates to growth of some 12 percent.

In the presence of the holders of 74.10 percent of the share capital, the General Shareholders' Meeting approved all of the management's agenda items by a large majority (see the table below for the results of each individual vote). Alongside the payment of a dividend of EUR 0.35 per share (2010: EUR 0.30), another key resolution centred on the creation of new authorised capital of EUR 22.9 million. In addition, Dr Michael Peter Solf was elected to the Supervisory Board to replace Hellmar Hedder, who resigned his office at the end of the Meeting.

Agenda item For in %  Against in %
 
1. Approval of the Financial Statements: -No vote taken- 2. Appropriation of net profits:  99.99 0.01
3. Ratification of the actions of the Board of Directors: 99.47 0.53 4.1 Ratification of the actions of the chairman of the Supervisory Board: 98.88 1.12
4.2 Ratification of the actions of the members of the Supervisory Board: 99.47 0.53
5. Election of the auditors for 2011:  99.92 0.08
6. Election of Dr Michael Peter Solf to the Supervisory Board: 98.97 1.03 7. Authority to acquire treasury shares: 97.98 2.02 8. Creation of new authorised capital: 80.91 19.09

Further information about DIC Asset AG is available on the Internet at www.dic-asset.de.

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. The real estate portfolio amounts to approximately EUR 3.2 billion with around 290 properties. The portfolio is divided into three segments. The Core plus 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 Co-Investments portfolio comprises minority investments in other real estate segments. This includes opportunistic investments, development projects as well as the Funds business segment, where the company invests in first-class core properties. DIC Asset AG has been listed on the SDAX index since June 2006 and is represented in the international EPRA Index for the most important real estate companies in Europe.


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Language: English Company: DIC Asset AG Eschersheimer Landstr. 223 60320 Frankfurt Deutschland 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 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart  
 
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