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DIC Asset AG successfully placed portfolio

DIC Asset AG / MiscellaneousAnnouncement, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------The Frankfurt-based DIC Asset AG has now placed a portfolio consisting often commercial properties and an overall area of around 60,000 sqm to twoLuxembourg investors advised by Westcity PLC and AXA REIM at a price ofapproximately EUR 86 million. The objects, primarily used as officebuildings, are mainly located in mid-sized German cities such as Bochum,Gelsenkirchen, Ulm, Regensburg, Ingelheim and Neuss. Approximately 95% ofthe properties are currently let. The average lease term is three to fouryears. The transaction that was named ‘Mustang’ was offered as part of alimited proceeding. The transaction is partially a share deal and partiallyan asset deal. The buyers were advised by Knight Frank, the sellers byColliers Trombello Kölbel.CEO Ulrich Höller: 'The sale underlines our strategy of actively managingour portfolio and is part of our regular sales activities. This saleoptimizes our current portfolio diversification, especially from a regionalviewpoint.'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. With this transaction, DIC Asset AG’s real estate portfolioincludes more than one million sqm of floor space, spread over 283properties. The portfolio is divided into three segments: the Coreportfolio includes the proprietary portfolio held on a long-term basis andoffering stable, attractive rental yields; the Value-Added portfoliocontains real estate with promising performance potential over the mediumterm; while the Opportunistic Co-Investments portfolio is comprised of realestate investments that have a more pronounced risk/return profile, whichwill be placed with third parties following a repositioning under anindividual business plan. Real estate assets under management currentlyamount to approx. EUR 2.6 billion. DIC Asset AG has been included in theSDAX® segment of the Frankfurt Stock Exchange since June 2006.Investor Relations:Stephan GramkowGrünhof - Eschersheimer Landstraße 22360320 Frankfurt am MainFon. +49-69-9454858-39Fax +49-69-9454858-99ir@dic-asset.de DGAP 27.04.2007 ---------------------------------------------------------------------- Language:     EnglishIssuer:       DIC Asset AG              Eschersheimer Landstr. 223              60320 Frankfurt DeutschlandPhone:        +49 69 9454858-0Fax:          +49 69 9454858-99E-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 ---------------------------------------------------------------------------