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DIC and Morgan Stanley purchase property from the FALK-Fonds 80

DIC Asset AG / MiscellaneousAnnouncement transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------A consortium of MSREF (Morgan Stanley Real Estate Funds) and the Frankfurtproperty investor DIC (Deutsche Immobilien Chancen) has purchased all sixestates of the Falk-Fonds 80 as part of an asset deal. The holdings consistof office and service industry properties in München, Heilbronn, Würzburg,Nürnberg and Mainz with a total usable area of around 105,000 sqm. Theindividual properties are let long-term to impeccable tenants such asSiemens, BMW or Telekom. The total volume of investments is around 160million euro. The stock exchange listed DIC Asset AG has a 20% share in thetransaction.Falk-Fonds 80 is one of the closed-end funds of Falk Capital, which is notinsolvent. The properties have an outstanding rating and are virtually 100%let.More information about the properties: - Property 1: München; Main tenant Siemens; Usable area 37,000 sqm- Property 2: München; Main tenant BMW; Usable area 8,700 qm- Property 3: Heilbronn; Main tenant Deutsche Telekom; Usable area 15,000qm- Property 4: Würzburg; Main tenant Mediamarkt; Usable area 9,500 qm- Property 5: Nürnberg; Main tenant Deutsche Telekom; Usable area 25,500 qm- Property 6: Mainz; Main tenant Deutsche Telekom; Usable area 8,500 qmDIC Asset AGStephan Gramkow - Investor RelationsGrünhof · Eschersheimer Landstraße 22360320 Frankfurt am MainTel. (069) 27 40 33-10Fax (069) 27 40 33-70ir@dic-asset.deDGAP 17.08.2006 ---------------------------------------------------------------------- Language:     EnglishIssuer:       DIC Asset AG              Eschersheimer Landstr. 223              60320 Frankfurt DeutschlandPhone:        069 / 274033-0Fax:          069 / 274033-69E-mail:       info@dic-asset.deWWW:          www.dic-asset.deISIN:         DE0005098404WKN:          509840Indices:      S-DAXListed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in              Berlin-Bremen, München, Stuttgart, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------