LEG Immobilien AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

LEG Immobilien AG 

23.04.2015 11:03

Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

On April 22, 2015 LEG Immobilien AG received the following statement of
intent pursuant to Section 27a of the Securities Trading Act (WpHG):

In respect to Section 27a of the Securities Trading Act (WpHG) regarding
notification requirements applicable to BlackRock's holding in LEG
Immobilien AG, please find below the response from us, BlackRock, Inc., and
our subsidiaries (together referred to as the 'Notifying Parties'):

  - BlackRock International Holdings, Inc.

  - BR Jersey International Holdings L.P.

  - BlackRock Group Limited

The crossing of the thresholds do not result from acquisitions by the
Notifying Parties but from attributions from investment managers and
advisors which qualify as subsidiaries of at least one of the Notifying
Parties and to which the voting rights are attributed

In respect of the aims underlying the purchase of the voting rights, we,
the Notifying Parties, notify that:

 1. The investments are aimed at both implementing strategic objectives and
    at generating a trading profit. This results from Notifying Parties'
    overall intention to gain maximum returns for BlackRock's clients on
    both a short and a long term basis.

 2. We plan to acquire further voting rights within the next twelve months
    by means of a purchase or by any other means. Because our intention is
    to gain maximum returns for BlackRock's clients and therefore we may
    also sell shares.

 3. We intend to exert an influence on the appointment or removal of
    members of the issuer's administrative, managing and supervisory
    bodies. We will continue to exercise our right to vote at the company's
    annual general meeting, and any special general meetings should they be
    called in the best interests of our clients.

 4. We do not intend to achieve a material change in the company's capital
    structure, in particular as regards the ratio between own funds and
    external funds and the dividend policy. However, we might vote on such
    topics in the same way we set out in no. 3.

In respect of the origin of the funds used, we, the Notifying Parties,
notify that:

Client funds were used in order to finance the purchase of the voting

23.04.2015 The DGAP Distribution Services include Regulatory Announcements,
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Language:     English
Company:      LEG Immobilien AG
              Hans-Böckler-Straße 38  
              40476 Düsseldorf
Internet:     www.leg-nrw.de
End of Announcement                             DGAP News-Service

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