Adler Real Estate AG:+++ Successful conclusion of bank negotiations
Adler Real Estate AG / MiscellaneousAd 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.----------------------------------------------------------------------Hamburg, December 29, 2006. ADLER REAL ESTATE AG (ISIN: DE DE0005008007) isannouncing that referring to so far existing bank loans the negotiationswith all banks involved could be brought to a successful end. The bankloans had been secured by properties in the German cities of Saarbrücken,Berlin, Frankfurt/Main and Offenbach. With this conclusion all propertiesof ADLER REAL ESTATE AG now keep out of any former receivables. Overall,abdication of a medial single-digit mn euros amount could be achieved.Furthermore, there’s a window of opportunity as regards a revaluationwithin the year-end audit 2006. Finally, one of the banks involved provideda new and medium term financing in the amount of four million euros.The BoardCompany contact: Agency contact:ADLER Real Estate AG Gesellschaft für Effekteninformation mbHNeuer Wall 77 Beethovenstraße 60D-20354 Hamburg D-60325 Frankfurt/Main www.adler-ag.de www.gfei.deT. + 49 (0)40-29 81 30-0 T. +49 (0)69-74 30 37 00F. + 49 (0)40-29 81 30-99 F. +49 (0)69-74 30 37 06 info@adler-ag.de ir-adler@gfei.deAbout ADLER Real Estate AG:ADLER Real Estate AG as publicly listed real estate company is active inthe business segments commercial project developments, portfoliomanagement, asset management and closed end funds. The corporation's corecompetency comprises of the realization and marketing of sophisticatednational and international real estate projects. ADLER Real Estate AGemerged from the rich in tradition Adlerwerke Frankfurt with a history backin the 19th century. Today the marjority of ADLER Real Estate is owned bythe US-real estate investor Mezzanine IX Investors L.P.DGAP 29.12.2006 ---------------------------------------------------------------------- Language: EnglishIssuer: Adler Real Estate AG Neuer Wall 77 20354 Hamburg DeutschlandPhone: +49 (0)40 - 29 8130-0Fax: +49 (0)40 - 29 8130-35E-mail: info@adler-ag.deWWW: www.adler-ag.deISIN: DE0005008007WKN: 500800Indices: Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (General Standard), Düsseldorf, München; Freiverkehr in Hamburg End of News DGAP News-Service ---------------------------------------------------------------------------