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Capital: €15M Hrb 24 Jul 2006 German Trade Register Announcements, Germany (18/07/2006)

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ADLER Real Estate AG, Frankfurt am Main (
Unnamed street ??, 60326 Frankfurt a. Main, Germany
). On the basis of the authorisation granted by amendment of the Articles of Association of April 21, 2006, the increase in the share capital by EUR 5,000,000.00 has been implemented. By resolution of the Supervisory Board of June 27, 2006 with supplement of July 13, 2006, Section 4 (1) of the Articles of Association (height and division of the share capital) is amended. New share capital: EUR 15,000,000.00. The authorized capital has expired in accordance with the resolution of the Annual General Meeting of April 21, 2006 (Authorised Capital 2006/I). As not registered: The increase amount of the share capital is divided into 5,000,000 no-par value shares, all of which are on the Inh. Are. The new shares are issued for a total amount of EUR 5,000,000.00.

This filing was translated from German to English. The filing refers to a past date, and does not necessarily reflect the current state. The latest known state is available on the following page: ADLER Real Estate GmbH, Berlin, Germany.