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DIC Asset AG in successful sales of real estate

DIC Asset AG / MiscellaneousRelease of a Corporate News, transmitted by DGAP - a company of EquityStoryAG.The issuer / publisher is solely responsible for the content of this announcement.----------------------------------------------------------------------The Frankfurt-based DIC Asset AG has now successfully placed co-investmentproperties in Hamburg to various investors, at a total volume of 31 millioneuros. One office property from the Value-added segment was sold to aninternational institutional investor for over 25 million euros. Theproperty, 15,000 square metres in size, is located in Hamburg in thedistrict of Stellingen, and is leased long-term to Deutsche Telekom. DICAsset AG and MSREF (Morgan Stanley Real Estate Funds) had jointly acquiredthe property just under two years ago.DIC Asset AG was also involved in the sales of three further propertiesfrom its Opportunistic Co-investment portfolio, with a total volume of justunder 6 million euros, which had been acquired from the City of Hamburg aspart of the Primo-Portfolio at the end of 2006. DIC Asset AG had a 20 percent stake in these properties.Ulrich Höller, Chairman of the Board at DIC Asset AG, says: 'The sales formpart of our regular sales activities within the scope of our active assetmanagement. In this way, we are realising attractive sales opportunities inorder to optimise returns for our investors. With these sales, we can lookback on a very successful business year, and can confirm our profitforecast for 2007, net income after taxes, depreciation and amortisation atbetween 36 million and 38 million euros.'Further information about DIC Asset AG is available on the internet atwww.dic-asset.de.About DIC Asset AGEstablished in 2002, DIC Asset AG, with registered offices inFrankfurt/Main, is a real estate company with a dedicated investment focuson commercial real estate in Germany, pursuing a return-oriented investmentpolicy. DIC Asset AG’s real estate portfolio currently includes around 1.3million square metres of floor space, spread over 350 properties. Theportfolio is divided into three segments: the Core portfolio includes theproprietary portfolio held on a long-term basis and offering stable,attractive rental yields; the Value-Added portfolio contains real estatewith promising performance potential over the medium term; while theOpportunistic Co-Investments portfolio is comprised of real estateinvestments that have a more pronounced risk/return profile, which will beplaced with third parties following a repositioning under an individualbusiness plan. Real estate assets under management currently amount toapprox. 3.5 billion euros. DIC Asset AG has been listed on the SDAX indexsince June 2006.Investor Relations:Stephan GramkowGrünhof Eschersheimer Landstraße 22360320 Frankfurt am MainFon. +49-69-9454858-39Fax   +49-69-9454858-99ir@dic-asset.de 21.12.2007  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); Freiverkehr              in Berlin, München, Stuttgart, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------