Colonia Real Estate AG / Key word(s): Change of Personnel 15.02.2011 17:27 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Rolf Elgeti and Hans-Ulrich Sutter appointed as Management Board members of Colonia Real Estate AG - TAG Immobilien AG holds more than 50% of the voting rights Cologne, February 15, 2011. The Supervisory Board of Colonia Real Estate AG, Cologne, (ISIN DE0006338007) (also referred to as Colonia in the following) has appointed Rolf Elgeti and Hans-Ulrich Sutter with immediate effect as ordinary members of the Management Board of Colonia. Both new Management Board members accepted their appointment today. Rolf Elgeti is CEO of new major shareholder TAG Immobilien AG (also referred to as TAG in the following). Previously he worked for many years as an analyst and equities strategist in the UK and has outstanding capital market expertise. Hans-Ulrich Sutter is CFO of TAG and works since many years in the real estate sector in Germany. The new composition of the Management Board therefore takes into account the commitment of TAG as a new major shareholder of Colonia. With notification of voting rights of February 15, 2011 TAG has informed Colonia that TAGs voting rights on Colonia amounts 50.02%. As written in the Joint Opinion of the Management Board and the Supervisory Board of Colonia regarding the voluntary offer document of TAG from January 3, 2011, the Convertible Bond 2006/2011 (ISIN DE000A0LDSA1) and the Convertible Bond 2010/2015 (ISIN DE000A1EMFA2) contain an extraordinary termination right of the creditors in case of a change of control at Colonia. Since the voting rights of TAG exceeded the 50% limit of Colonia voting rights, a change of control regarding the issue terms of both Convertible Bonds is given. Colonia will inform the convertible bond creditors promptly and in accordance with the terms of issue about all necessary information to exercise their rights. The Management Board Cologne, February 15, 2011 Colonia Real Estate AG ZeppelinstraÃe 4-8 D-50667 Cologne Germany Admission for trading: Regulated Market of the Frankfurt Stock Exchange (Prime Standard) ISIN: DE0006338007 Securities Code Number: 633800 About Colonia Real Estate AG Colonia Real Estate AG is one of the leading listed real estate investment and management groups in Germany with round about 19,000 residential units and EUR 2.1 bn Assets under Management. The Colonia business model is based on two columns. The investment segment concentrates on high-yield residential property portfolios held for the company's account and co-investments in commercial and residential properties together with institutional partners. Second column of the Colonia business model is the service segment. Here Colonia Real Estate Solutions GmbH provides all services along the life cycle of a property in a modular manner. Contact Claudia Kellert Head of Investor Relations & Communication ZeppelinstraÃe 4-8, 50667 Cologne, Germany Tel +49. (0)221. 71 60 71-0, Fax +49. (0)221. 71 60 71-99 ir@colonia.ag Contact: Claudia Kellert Head of Investor Relations and Communication Colonia Real Estate AG Zeppelinstr. 4-8 50667 Cologne, Germany Phone +49 (0)221 71 60 71 0 Fax +49 (0) 221 71 60 71 99 E-Mail: ir@colonia.ag edicto GmbH Axel Mühlhaus Phone +49 (0)69 90 55 05 52 E-Mail: amuehlhaus@edicto.de 15.02.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Colonia Real Estate AG Zeppelinstr. 4 - 8 50667 Köln Deutschland Phone: +49 221-716071-0 Fax: +49 221-716071-99 E-mail: ir@colonia.ag Internet: www.colonia.ag ISIN: DE0006338007 WKN: 633800 Indices: SDAX, GPR 250, MSCI Germany Small Cap Index, FTSE EPRA/ NAREIT, E&G DIMAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Colonia Real Estate AG: Rolf Elgeti and Hans-Ulrich Sutter appointed as Management Board members of Colonia Real Estate AG - TAG Immobilien AG holds more than 50% of the voting rights
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