DIC Asset AG / Half Year ReportAd hoc announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------DIC Asset AG (German Securities ID 509840 / ISIN DE0005098404) presentedits interim report for the first six months of 2006 today, postinghalf-year figures which confirmed the strong growth and high profitabilityalready seen in the first quarter. DIC Asset AG’s consolidated net incomemore than tripled compared to the first half of 2005, to EUR 3.8 million.This dynamic growth was driven predominantly by higher rental income,profits from the sale of real estate, and by increased income fromassociated companies. Lower financing costs, thanks to the increasedcapital resources available, also contributed to the excellent results.Total revenues for the first half-year were EUR 6.8 million (or 59%) higherthan during the first half of the previous year, at EUR 18.1 million.Rental income was up strongly, by EUR 3.2 million (or 36%) to EUR 12.1million, as a result of the significant expansion in the real estateportfolio to more than 340,000 sqm. in floor space (up 58% from December2005). Revenues from the sale of two properties amounted to EUR 4.2 million(2005: EUR 1 million).The corresponding EUR 5.0 million increase in total expenditure, to EUR10.7 million, was in line with projections, and predominantly attributableto increased disposal of real estate assets. Higher property-related costs(reflecting the boost in operating business) and increased personnelexpenses also contributed to higher expenditure.First-half EBITDA (earnings before interest, income taxes, depreciation andamortisation) rose by 28.7% compared with the previous year, to EUR 9.4million, whilst earnings per share more than doubled, from EUR 0.13 to EUR0.27.DIC Asset AG’s total assets stood at EUR 629.2 million as at 30 June 2006,up EUR 259.4 million (or 70.2%) from 31 Dec 2005. Cash flow from operatingactivities rose from EUR 2.0 million to EUR 8.4 million.DIC Asset AGStephan GramkowGrünhof · Eschersheimer Landstraße 22360320 Frankfurt am MainFon. (069) 27 40 33-10Fax (069) 27 40 33-70ir@dic-asset.deDGAP 21.08.2006 ---------------------------------------------------------------------- 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 ---------------------------------------------------------------------------