Heliad shareholding SHB executes capital increase and plans stock market listing in the near future

Heliad Equity Partners GmbH & Co. KGaA / Miscellaneous
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++ Heliad shareholding SHB executes capital increase and plans stock    market listing in the near future

++ Substantial value growth expected for Heliad portfolio
SHB AG, Oberhaching, in which the publicly listed private equity investment company Heliad holds a 31.6% stake, is currently executing a capital increase with select institutional investors within the framework of a private placement. This is planned to be followed directly by a stock market listing in the Entry Standard of the German Stock Exchange. The company valuation for the private placement (PP) amounts to Euro 67 million and is thus more than 50% higher than the entry valuation of Heliad’s shareholding.

Assuming all other factors remain equal, at the next calculation of Heliad’s inherent value (NAV), this PP valuation will result in an increase in NAV of around Euro 8 million. This is equivalent to an increase in the NAV of almost 10% per Heliad share.

Together with its subsidiary SHB Innovative Fondskonzepte AG, SHB is the market leader for savings plans based on closed funds in Germany. The company focuses in particular on the 'real estate' asset class, in which it has placed equity of more than Euro 700 million and a fund volume of approximately Euro 1.5 billion since its inception in 2001. Since its inception, SHB has shown consistently profitable sales and earnings growth of more than 30% per year. This growth is expected to accelerate further following the capital increase.

Ralf Flore, CEO of Heliad, is extremely satisfied with the development of the SHB shareholding. 'This transaction, which at the same time also marked the largest single investment in Heliad’s history, represents a further important milestone and underlines our ongoing ability to invest in superb companies with strong entrepreneurial teams at favourable valuations and to refine such investments post-transaction.'

++ About Heliad

Heliad is a publicly listed investment company that focuses on companies in predominantly German-speaking countries that are undergoing a strong growth phase. Heliad invests into established, owner-run business models with sales of between 10 and 100 million Euro.

With this strategy Heliad has occupied a highly attractive niche between Venture Capital and large Buyouts. With around 3,750 employees, the current total of 14 companies within Heliad’s portfolio generate combined sales of more than Euro 370 million.

Further information about the company can be found at www.heliad.de.

Heliad Equity Partners GmbH & Co. KGaA

Alexander Mitsch
Chief Financial Officer
Tel.: +49 (0) 69 71 91 59 65 28
E-Mail: alexander.mitsch@heliad.de

12.10.2007  Financial News transmitted by DGAP

Language:     English
Issuer: Heliad Equity Partners GmbH & Co. KGaA               Grüneburgweg 18
              60322 Frankfurt am Main
Phone:        +49 (0)69 719 15 965 0
Fax:          +49(0)69 719 15 965 11
E-mail:       info@heliad.de
Internet:     www.heliad.de
ISIN:         DE0006047293
WKN:          604729
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr               in Berlin, München, Stuttgart
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