DGAP-News: Cube Invest GmbH / Key word(s): AGM/EGM/Change of Personnel
conwert Shareholders: Important Vote on the Administrative Board on
May 7, 2014 (news with additional features)

28.04.2014 / 09:04

---------------------------------------------------------------------

- conwert's administrative board urgently needs accountability and
independence but also experience in the German Real Estate market

- Following a motion put forward by its 24% shareholder's two
administrative board representatives, two more related party
representatives, Ms. Postl and Mr. Schoeller, could now be elected

- Upon countermotion of independent shareholder Cube Invest, two candidates
with longstanding real estate experience, Peter Hohlbein and Dr. Alexander
Proschofsky, are campaigning to be elected as independent administrative
board members instead

- International voting right advisers ISS (Institutional Shareholder
Services) and Glass Lewis as well as Austria's independent minority
shareholder association Interessensverband für Anleger (IVA) explicitly
recommend to vote for the independent candidates Peter Hohlbein and Dr.
Alexander Proschofsky to improve governance


Vienna, April 28, 2014 - On May 7, 2014, the Annual General Meeting of
conwert Immobilien Invest SE in Vienna, Austria, will vote on the
composition of its five member administrative board.

Upon the proposal of its independent shareholder Cube Invest, two
candidates with longstanding real estate experience, Peter Hohlbein and Dr.
Alexander Proschofsky, are campaigning to be elected as independent
administrative board members in a bid to properly represent the interests
of the free float of approx. 76 percent in the administrative board.

Peter Hohlbein possesses of 30 years of real estate management experience
in Germany, most notably from his management role as CEO of Berlin
Immobilien Holding, owning 39,000 residential and 3,000 commercial units.
Dr. Alexander Proschofsky has more than 25 years of capital markets
experience with a special expertise in corporate governance and minority
shareholder rights. Furthermore, he has been an active real estate investor
for over ten years.

Over the past years, conwert's administrative board has attracted negative
public attention following numerous severe conflicts of interest including
highly questionable related-party transactions of the main shareholder's
representatives. The current administrative board consists of two
representatives affiliated to 24 percent main shareholder Hans-Peter
Haselsteiner and only one independent representative. Following a motion
put forward by Haselsteiner's two representatives, two more non-independent
representatives are now standing for election.

conwert's administrative board urgently needs accountability, independence
and experience in the German Real Estate market. 75 percent of the conwert
assets are located in Germany. It can therefore not be in the company's
interest that neither the current board members nor the two suggested
related-party representatives proposed by Haselsteiner - Ms. Postl and Mr.
Schoeller - possess of adequate real estate experience in Germany.

A balanced and competent administrative board is in the interest of both
the company and the free float. Thus, the leading international voting
right advisers ISS (Institutional Shareholder Services Inc.) and Glass
Lewis as well as Austria's independent minority shareholder association
Interessensverband für Anleger (IVA) explicitly recommend to vote for the
independent candidates Peter Hohlbein and Dr. Alexander Proschofsky.
Furthermore, ISS, Glass Lewis and IVA clearly recommend to vote against the
two non-independent candidates put forward by the current administrative
board.

If you agree with this assessment, then

- vote AGAINST: Alexander P. Schoeller and Martina Postl
- vote FOR: Peter Hohlbein and Dr. Alexander Proschofsky


On the AGM on May 7, it is important that shareholders who want to vote for
a balanced and competent administrative board vote both against the
non-independent candidates and for the independent candidates.

conwert shareholders have to provide evidence of their shareholding to the
company by May 2, 2014, at the very latest (following the instructions in
the AGM invitation) in writing, to partake in the vote on the
administrative board.

Further information is available at www.active-investor.at

In case conwert shareholders cannot attend the AGM in person, they can
grant a power of attorney to have a proxy vote for them. Further
information about this is available at www.active-investor.at in the
section "Voting".


Investor contact:
Cube Invest GmbH
Alexander Proschofsky
proschofsky@cube-invest.com
+43 676 3475633


Press contact:
Charles Barker Corporate Communications GmbH
Tobias Eberle
tobias.eberle@charlesbarker.de
+49 69 794090 24


End of Corporate News

+++++
Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=PYJJFJDJRS
Document title: News as PDF

---------------------------------------------------------------------

28.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


264915 28.04.2014