EANS-Adhoc: GSW Immobilien AG / Thomas Zinnöcker possibly leaving the Management Board

=------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------------

Board of Directors (Appointments and Changes) 11.03.2013

Thomas Zinnöcker possibly leaving the Management Board The Chief Executive Officer of GSW Immobilien AG, Thomas Zinnöcker, asked the Supervisory Board to be released from his contractual obligations prematurely at the close of 15 April 15, 2013 to pursue a new professional opportunity. The Executive Committee of the Supervisory Board of GSW Immobilien AG has discussed Thomas Zinnöcker's wish and will recommend to the Supervisory Board to consent to the amicable termination of the present contract in the upcoming regular meeting on March 21, 2013. The Supervisory Board will appoint a successor in the position of the CEO in due time.

end of announcement euro adhoc =-------------------------------------------------------------------------------

(END) Dow Jones Newswires

   March 11, 2013 17:57 ET (21:57 GMT)- - 05 57 PM EDT 03-11-13