DGAP-News: MAGNAT Real Estate Opportunities GmbH & Co. KGaA: General annual shareholder meeting of MAGNAT accepted overwhelmingly all agenda items

| Source: EQS Group AG EQS Group AG 

MAGNAT Real Estate Opportunities GmbH & Co. KGaA / AGM/EGM

03.11.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

General annual shareholder meeting of MAGNAT accepted overwhelmingly all
agenda items

Frankfurt am Main, November 3rd 2008 – General annual shareholder meeting
of MAGNAT Real Estate Opportunities GmbH & Co. KGaA (ISIN: DE000A0J3CH0) of
October 30th 2008 accepted overwhelmingly all agenda items. Also the
authorisation of a possible share buyback program has been accepted.

Jan Oliver Rüster, CEO of MAGNAT, says: 'We are very pleased that our
shareholders supporting our strategy with such a majority. As the current
situation of real estate markets is very unpleasant, this support will
motivate the whole management team to work even harder to
reach our strategic goals. '

All voting results of the general annual shareholder meeting are visible at
MAGNAT homepage: www.magnat-reop.com/de/investors

Further information: 

About MAGNAT:

MAGNAT is a property company focusing on real estate development in Central
and Eastern European countries. The mission of MAGNAT is to capitalize on
the inefficiencies that are inherent to real estate markets, to the benefit
of its shareholders. In contrast to traditional real estate
investors,MAGNAT's business model is not only based on rental income, but
first and foremost on attractive development returns and a high turnover
rate of its investments (holding period approx. 2-3 years). Returns on
projects are required to exceed industry-standard average rates for
traditional real estate investments.

The management concentrates on real estate markets with specifically
interesting cycles: undervalued markets (anti-cyclical investing) and
markets with strong economic growth (growth markets). Therefore, the main
focus is currently on Central, Eastern and South-Eastern Europe and on
special opportunities also in the 'home markets' Germany and Austria.

Contact

Dominic Köfner, CIRO

Head of Corporate Communications

MAGNAT REAL ESTATE OPPORTUNITIES GmbH & Co. KGaA
Grüneburgweg18
60322 Frankfurt

Phone: +49 (0) 69 719 189 79  36

Email: dominic.koefner@magnat-reop.com

www.magnat-reop.com

Press Relations


edicto GmbH

Axel Mühlhaus / Werner Rüppel

Phone: +49 (0) 69 905 50 55 2

E-Mail: amuehlhaus@edicto.de
DGAP 03.11.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       MAGNAT Real Estate Opportunities GmbH & Co. KGaA
              Grüneburgweg 18
              60322 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69  / 719 189 79 0
Fax:          +49 (0)69  / 719 189 79 11
E-mail:       info@magnat-reop.com
Internet:     www.magnat-reop.com
ISIN:         DE000A0J3CH0
WKN:          A0J3CH
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart
End of News                                     DGAP News-Service
---------------------------------------------------------------------------