DGAP-PVR: Ariston Real Estate AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution


Ariston Real Estate AG / Release of an announcement according to Article 21, Section 1 of the WpHG [the German Securities Trading Act] (share)

15.01.2008 

Release of a Voting Rights announcement
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Today we received the following notifications:


Name of notifiable company:  Baugur Group
Address:   Reykjavik 
State:    Iceland 


Company:    ARISTON Real Estate AG
    Maximiliansplatz 5
    80333 München
    Germany

We should hereby like to inform you pursuant to Section 21 Pragraph 1 WpHG
that on 28th of December 2007 our percentage holding of the voting rights
in Ariston Real Estate AG fell under the threshold of 15%, 10%, 5% and 3%
and is now 0 (representing 0 voting rights).

Baugur Group


Name of notifiable company:  Levantera Investments Ltd.
Address:   Nicosia 
State:    Cyprus 


Company:    ARISTON Real Estate AG
    Maximiliansplatz 5
    80333 München
    Germany

On the 28th of December 2007 Levantera Investments Limited has acquired in
2 lots (first lot of 1,816,148 shares and second lot of 253,014 shares) a
total of 2,069,162 shares.

We should hereby like to inform you pursuant to Section 21 Paragraph 1 WpHG
that on 28th of December 2007 our percentage holding of the voting rights
in Ariston Real Estate AG exceeded the threshold of 3%, 5%, 10%, 15% and
20% and is now 22.42% (representing 2,069,162 voting rights).

Levantera Investments Ltd.


Name of notifiable person:  Egill Agustsson
State:    Iceland 


Company:    ARISTON Real Estate AG
    Maximiliansplatz 5
    80333 München
    Germany

I hereby give notice, pursuant to sec. 21 para.1 of the WpHG, that on the
28th of December 2007 my voting interest in Ariston Real Estate AG exceeded
the threshold(s) of 3%, 5%, 10%, 15%, 20% and amounts to 22.42%
(representing 2,069,162 voting rights) on this day.

22.42% of the voting rights (representing 2,069,162 voting rights are
attributable to me in accordance with sec. 22 para. 1 sent. 1 no. 1 of the
WpHG through Levantera Investments Ltd.

Egill Agustsson     

DGAP 15.01.2008 
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Language:     English
Issuer:       Ariston Real Estate AG
              Maximiliansplatz 5
              80333 München
              Deutschland
Internet:     www.ariston-ag.de
End of News                                     DGAP News-Service
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