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Announcement Pursuant to Art. 4 para. 2 of Commission Regulation (EC) No. 2273/2003: DIC Asset AG decides to conduct share buyback

DIC Asset AG / Share BuybackRelease of a Corporate News, transmitted by DGAP - a company of EquityStoryAG.The issuer / publisher is solely responsible for the content of this announcement.----------------------------------------------------------------------The Management Board of DIC Asset AG has resolved with the consent of theSupervisory Board to buy back shares of the company of up to 5% of theshare capital, corresponding to up to 1,567,499 shares. The share buybackshall start on October 10, 2008 and is to be ended on February 10, 2009 atthe latest.With this move, the Management Board makes use of the authorization toacquire own shares granted by the Annual General Meeting of DIC Asset AGheld on May 14, 2008 in accordance with Sec. 71 para. 1 No. 8 German StockCorporation Act. The shares that are bought back may be used for anypurpose set forth in the authorization resolution of the Annual GeneralMeeting of May 14, 2008. This includes the redemption of the shares.The share buyback will be carried out on behalf and account of the companythrough a bank commissioned by the company. The bank will decide on thetiming of the purchase of the shares and the purchase volume independently,without being influenced by the company. The share buyback will beconducted via the stock exchange, as favourably as possible for DIC AssetAG. The purchase price per share (excluding transaction ancillary costs)may not be more than 10% over or under the price determined on the tradingday by the opening auction in the Xetra trading system (or a comparablesuccessor system) on the Frankfurt Stock Exchange.Furthermore the bank has been committed to comply with the conditions fortrading as per Art. 5 of the Commission Regulation (EC) No. 2273/2003 datedDecember 22, 2003. The purchase price must not be above the higher of theprice of the last independent trade and the highest current independent bidon the relevant stock exchange. The bank must not purchase more than 25 %of the average daily volume of the shares in any one day on the regulatedmarket on which the purchase is carried out; this volume must be based onthe average daily volume traded in the 20 trading days preceding the dateof purchase.To the extent required and legally permissible, the buyback program may besuspended and resumed at any time.The transactions will be disclosed in accordance with Art. 4 para. 4 of theCommission Regulation (EC) No. 2273/2003 no later than on the seventhtrading day following their conclusion. In addition, DIC Asset AG willprovide regular updates on the progress of the share buyback atwww.dic-asset.de.Frankfurt, October 9, 2008DIC Asset AGThe Management BoardDIC Asset AG / Investor RelationsIna LackTel.  +49 69 9 45 48 58-58Fax  +49 69 9 45 48 58-99Grünhof · Eschersheimer Landstraße 22360320 Frankfurt am Main09.10.2008  Financial News transmitted by DGAP---------------------------------------------------------------------- Language:     EnglishIssuer:       DIC Asset AG              Eschersheimer Landstr. 223              60320 Frankfurt              DeutschlandPhone:        +49 69 9454858-0Fax:          +49 69 9454858-99E-mail:       info@dic-asset.deInternet:     www.dic-asset.deISIN:         DE0005098404WKN:          509840Indices:      S-DAXListed:       Regulierter Markt in Frankfurt (Prime Standard), Hannover,              Hamburg; Freiverkehr in Berlin, Düsseldorf, München,              Stuttgart End of News                                     DGAP News-Service ---------------------------------------------------------------------------