conwert Immobilien Invest SE: Stavros Efremidis new Executive Director of conwert

Vienna, 20 February 2013 (pta011/20.02.2013/11:25 UTC+1) -

+ Stavros Efremidis, former Management Board member of KWG, is responsible for conwert's operating business in Germany as Executive Director as of 20 February 2013
+ Thomas Doll, Executive Director and CFO of conwert, is responsible for the operating business in Austria and CEE

As announced previously, the Austrian ATX-traded conwert Immobilien Invest SE appoints Stavros Efremidis, former Spokesman of the Management Board of KWG, to the Executive Board as of 20 February 2013. He will in the future be responsible for the operating activities in the core market Germany as well as for Human Resources and Marketing Control.

Johannes Meran, Chairman of the Administrative Board of conwert, said: "We are pleased to have won Stavros Efremidis, a respected property expert with proven knowledge of the German market, for our Executive Board. With the new Management Team we will continue to successfully advance our strategic reorientation towards becoming a portfolio manager of residential properties in the core market Germany."

At the second management level, Johannes Rudnay was appointed Regional Manager for Germany. In this function, he reports to Stavros Efremidis and is in charge of the operating business in Germany. Johannes Rudnay is a financial and property expert and had been responsible for Corporate Organisation and Strategy at conwert since 2010.

Thomas Doll is, as the Chief Financial Officer (CFO), still in charge of Finance, IT and Legal/Investments and will, in addition to that, also be responsible for the operating business in Austria and the CEE Region.

This report contains forward-looking estimates and statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. We would like to point out that the actual circumstances and, consequently, the actual results realised at a later date may differ from the forecasts presented in this report for a variety of reasons.

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Emitter:	conwert Immobilien Invest SE Alserbachstraße 32 1090 Wien Austria
Contact Person:	Clemens Billek
Phone:	+43 / 1 / 521 45-250
E-Mail:	cwi@conwert.at
Website:	www.conwert.at
ISIN(s):	AT0000697750 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)