DIC Asset AG / Quarter ResultsAd-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 first quarterly report today, posting strong growth and highprofitability for the first quarter of 2006. At EUR 1.3 million, DIC AssetAG’s consolidated net income was up EUR 1 million on the first quarter of2005, or more than three times higher than a year ago. This dynamic growthwas driven predominantly by strong increases in rental income, and byhigher net interest income.Rental income was up strongly, by 33% to EUR 6.0 million during the firstquarter, as a result of the expansion in the real estate portfolio to justunder 270,000 m² (up 24%). The corresponding EUR 1.1 million increase intotal expenditure, to EUR 3.6 million, was in line with projections, andpredominantly attributable to staff hiring.First-quarter EBITDA (earnings before interest, income taxes, depreciationand amortization) was up 16%, to EUR 4.3 million, whilst EBIT (earningsbefore interest and income taxes) rose by 15%, to EUR 3.2 million.DIC Asset AG’s total assets stood at EUR 401.9 million as at 31 March 2006(31 Dec 2005: EUR 369.8 million).DIC Asset AGStephan GramkowEschersheimer Landstrasse 22360320 Frankfurt/Main, GermanyFon +49 69 274033-10Fax +49 69 274033-70ir@dic-asset.de DGAP 31.05.2006 ---------------------------------------------------------------------- Language: EnglishIssuer: DIC Asset AG Eschersheimer Landstr. 223 60320 Frankfurt DeutschlandPhone: 069 / 274033-0Fax: 069 / 274033-69email: info@dic-asset.deWWW: www.dic-asset.deISIN: DE0005098404WKN: 509840indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München End of News DGAP News-Service ---------------------------------------------------------------------------