Ad-hoc | 6 June 2007 07:28


PATRIZIA Immobilien AG: Management Board contracts extended

PATRIZIA Immobilien AG / Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc disclosure in accordance with Article 15 of the
Wertpapierhandelsgesetz (WpHG – German Securities Trading Act)

PATRIZIA Immobilien AG: Management Board contracts extended

Augsburg, June 6, 2007. PATRIZIA Immobilien AG (ISIN DE000PAT1AG3) today
announced that the Supervisory Board had prematurely extended the
Management Board contracts of the CEO Wolfgang Egger and of the CIO Alfred
Hoschek. The contracts that were due to expire in November 2007 were
extended by another five years until November 2012.

The extension of the Management Board contracts shows continuity in the
management of the company. It also enables Wolfgang Egger, the founder and
CEO of PATRIZIA Immobilien AG, to continue shaping the company’s strategy
and further drive the company’s growth.

The Managing Board

Augsburg, June 6, 2007
PATRIZIA Immobilien AG
PATRIZIA Bürohaus
Fuggerstrasse 26
D-86150 Augsburg
Germany

Admitted to trading on the Official Market (Prime Standard) of the
Frankfurt Stock Exchange.
ISIN:  DE000PAT1AG3
SIN:  PAT1AG

Contact:
Investor Relations    
Claudia Kellert 
Phone +49 (0)821 50910-360  
Fax:+49 (0)821 50910-399  
investor.relations@patrizia.ag  

Press
Astrid Schüler 
Phone +49 (0)821 50910-623
Fax +49 (0)821 50910-695 
presse@patrizia.ag 






DGAP 06.06.2007 
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Language:     English
Issuer:       PATRIZIA Immobilien AG
              Fuggerstraße 26
              86150 Augsburg Deutschland
Phone:        +49 (0)821 - 509 10-000
Fax:          +49 (0)821 - 509 10-999
E-mail:       investor.relations@patrizia.ag
www:          www.patrizia.ag
ISIN:         DE000PAT1AG3
WKN:          PAT1AG
Indices:      MDAX
Listed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
              Berlin-Bremen, München, Hamburg, Düsseldorf, Stuttgart
 
End of News                                     DGAP News-Service
 
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