DGAP-DD: ESTAVIS AG english



Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content of this announcement.
------------------------------------------------------------------------------

Details of the person subject to the disclosure requirement
Company: Rainer Schorr Beteiligungsgesellschaft mbH

Person performing managerial responsibilities, triggering the disclosure requirement for the legal person
Details of the person performing managerial responsibilities
Position: Member of a managing body

Information about the transaction with duty of notification

Description of the financial instrument: Share
ISIN/WKN of the financial instrument: DE000A0KFKB3
Type of transaction: Securities lending
Date: 08.04.2009
Price: not numberable
Currency: EUR
No. of items: 240000
Total amount traded: -
Place: over the counter

Explanation for publication:

Under the securities lending agreement, shares of ESTAVIS AG shall be
transferred to the borrower in the amount specified. The borrower shall
obtain ownership of the shares and shall be entitled to resell the shares
obtained, either in part or in full. The borrower shall have the option of
returning the securities on maturity or at an earlier date, either entirely
or partially in shares or in cash. If the borrower opts to deliver shares,
it must provide the lender with shares of the same type and amount. If the
borrower instead opts for redemption in cash, it must pay the lender EUR
3.00 for each loaned security; this amount shall be adjusted
proportionately in the event of a change in the total share capital. As
compensation for the securities loan, the lender shall receive remuneration
of 1% p.a. on the outstanding loan volume based on an amount of EUR 3.00
for each loaned security; this amount shall be adjusted proportionately in
the event of a change in the total share capital.

Information about the company with duty of publication

Issuer: ESTAVIS AG
Uhlandstr. 165
10719 Berlin
Deutschland
ISIN: DE000A0KFKB3
WKN: A0KFKB


End of Directors' Dealings Notification (c) DGAP 10.04.2009 

Financial News transmitted by DGAP
ID 9305