DGAP-Adhoc: GAGFAH S.A.: Ad hoc notification of GAGFAH S.A.: March 25, 2009


GAGFAH S.A. / Change of Personnel

25.03.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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GAGFAH S.A.
2-4, rue Beck
L-1222 Luxembourg
ISIN: LU0269583422
Frankfurt Stock Exchange, Regulated Market (Prime Standard)

Ad hoc notification of GAGFAH S.A. in accordance with § 15 of the Security
Trading Act (WpHG)

Luxembourg, March 25, 2009 - GAGFAH S.A. today received notice that Mr.
Burkhard Drescher has resigned from his position as director of GAGFAH S.A.
with immediate effect.

Contact:
GAGFAH S.A.
Investor Relations
GAGFAH S.A.
2-4, rue Beck
L-1222 Luxembourg
Tel.: +352 266 366 1
info@gagfah.com
www.gagfah.com
R.C.S. Luxembourg B 109.526

About GAGFAH S.A.

GAGFAH S.A. is a joint stock corporation organized under the laws of the
Grand Duchy of Luxembourg qualifying as a securitization company under the
Luxembourg Securitization Law of March 22, 2004. The core business of
GAGFAH S.A.'s operating subsidiaries is the ownership and management of a
geographically diversified and well maintained residential property
portfolio located throughout Germany. With a portfolio of over 170,000
apartments, GAGFAH is the largest German listed residential property
company.
DGAP 25.03.2009 
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Language:     English
Issuer:       GAGFAH S.A.
              2-4, rue Beck
              1222 Luxemburg
              Luxemburg
Phone:        + 352 266 366 21
Fax:          + 352 266 366 01
E-mail:       info@gagfah.com, skliche@gagfah.com
Internet:     www.gagfah.com
ISIN:         LU0269583422, LU0269583422
WKN:          A0LBDT
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
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