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DIC Asset AG: Preliminary Figures for 2014 – Board resolution passed to support the move of CEO Ulrich Höller to the Supervisory Board in 2016

DIC Asset AG  / Key word(s): Preliminary Results/Change of Personnel13.01.2015 08:00Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------At the start of 2015, DIC Asset AG (German Securities ID: WKN A1X3XX / ISINDE000A1X3XX4) released the first preliminary key performance indicators forthe 2014 financial year: All things considered, DIC Asset AG achieved itstargets for 2014. For instance, it realised a FFO of around EUR 48 million(2013: EUR 45.9 million). The gross rental income is expected to totalbetween EUR 145 and EUR 147 million (2013: EUR 125.2 million), whichimplies a year-on-year increase by around 17 percent that was mainlygenerated by the increased revenues from the joint venture portfolio takenover in late 2013.DIC Asset AG also achieved a letting result of approximately 240,000 sqm in2014 (2013: 176,000 sqm), thereof attributable 27,000 sqm in total to thecurrent project developments "MainTor" in Frankfurt and "Opera Offices Neo"in Hamburg. As intended, the robust letting result achieved a stablevacancy rate of around 11 percent (2013: 10.7 percent).Overall, we realised an acquisition volume of around EUR 180 million (2013:EUR 600 million) across our business divisions, with Q4 having developed aparticularly brisk momentum. Especially the investment fund business linegrew significantly. We acquired 7 assets in a combined volume of around EUR135 million (2013: EUR 119 million). By the end of 2014, we had realised atotal sales volume of around EUR 162 million (2013: EUR 99 million), whichbreaks down into approximately EUR 95 million in sales from our directlyheld Commercial Portfolio, and approximately EUR 67 million in sales in theCo-Investment segment.The proven senior management team headed by Ulrich Höller (49) willcontinue to pursue the corporate strategy with its clear focus on theportfolio property business in 2015. At the end of 2015, at the expirationof his current contract as CEO, Ulrich Höller will leave the managementboard yet will continue to play a key role in the company's supervisoryboard and in the bodies of DIC Onsite starting in the year 2016. The boardappointment of Sonja Wärntges as incumbent CFO has just been extendedthrough the end of 2018.13.01.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      DIC Asset AG              Neue Mainzer Straße 20 * MainTor              60311 Frankfurt              GermanyPhone:        +49 69 9454858-1240Fax:          +49 69 9454858-9399E-mail:       ir@dic-asset.deInternet:     www.dic-asset.deISIN:         DE000A1X3XX4, DE000A1KQ1N3, DE000A1TNJ22WKN:          A1X3XX, A1KQ1N, A1TNJ2Indices:      S-DAXListed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------