ADLER Real Estate AG  / Key word(s): Bond29.06.2015 21:53Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Ad hoc disclosure pursuant to section 15 WpHGADLER Real Estate AG decides not to pursue a convertible bond issueHamburg, 29 June 2015. ADLER Real Estate AG, Frankfurt/M. (ISINDE0005008007), today published the securities prospectus for the admissionto trading on the regulated market (Prime Standard) of Frankfurt StockExchange of the new shares from the capital increase against contributionin kind resolved by the company's shareholders' meeting on 29 April 2015for issue to the WESTGRUND shareholders who have tendered their shares inthe course of the takeover offer.The prospectus also included the offering of convertible notes forsubscription to its shareholders. Due to the impact of the situation inGreece on the stock markets, ADLER's management board, after consultationwith the advising banks, came to the conclusion that it is in the bestinterest of the company not to pursue a capital markets transaction in thecurrent market environment. Accordingly, the subscription offer describedin the prospectus will not be pursued.Disclaimer:This communication does not constitute an offer to sell or an invitation tomake an offer to purchase or subscribe for securities. There will be nopublic offering of notes of ADLER Real Estate AG.The distribution of this communication may be restricted by law in certainjurisdictions. Persons who come into possession of this communication arerequested to obtain appropriate information about the relevant legalrequirements and to comply with these. Any failure to comply with theserestrictions may constitute a violation of the securities laws of any suchjurisdiction.This communication is not intended for distribution in or within the UnitedStates of America, Canada, Australia or Japan or in other jurisdictionswhere a publication may be restricted by law. This communication does notconstitute a public offer for securities in the United States of America.For enquiries, please contact:PRESS: german communications dbk agJörg BretschneiderMilchstr. 6 B, 20148 Hamburg, GermanyPhone: +49-(0)40/46 88 33 0, Fax: +49-(0)40/47 81 80presse@german-communications.comINVESTOR RELATIONS: Hillermann ConsultingChristian HillermannPoststraße 14, 20354 Hamburg, GermanyPhone: +49-(0)40/32 02 79 10, Fax: +49-(0)40/32 02 79 114c.hillermann@hillermann-consulting.de29.06.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      ADLER Real Estate AG              Herriotstr. 5              60528 Frankfurt am Main              GermanyPhone:        +49 (0)40 - 29 8130-0Fax:          +49 (0)40 - 29 8130-99E-mail:       info@adler-ag.comInternet:     www.adler-ag.comISIN:         DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02WKN:          500800, A14J3Z, A1R1A4, A11QF0Indices:      SDAX Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated              Unofficial Market in Berlin, Dusseldorf, Hamburg End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------