01.07.09 09:32

AvW Invest AG acquires interest in the German IT Group Business Software AG

- Acquisition of interest in the German IT company Group Business Software AG

- Portfolio of equity holdings in the IT sector progressively expanded

- Acquisition of interest in the German IT company Group Business Software AG
- Portfolio of equity holdings in the IT sector progressively expanded

In the first half-year of 2009, AvW Invest, which is listed in the Standard
Market Auction segment of the Vienna Stock Exchange, systematically expanded its
portfolio of equity investments. After recently increasing its stake in GFT
Technologies AG (GFTG.DE) to more than 5% and in the Austrian Hirsch Servo AG
(HISE.VI) to more than 11%, AvW Invest AG has now become a new shareholder of
the German IT company Group Business Software AG (INWG.DE).

"In the first instance, we acquired around 1% of the shares.", says Wolfgang
Auer-Welsbach, Chairman of AvW Invest AG´s Management Board. Group Business
Software AG, headquartered in the German federal state of Thuringia, is a
leading provider of "collaborative business solutions" and currently operates in
Europe and the United States. "The company is favourably rated, grows at an
extraordinary rate and offers potential for future investments", says Mr.
Auer-Welsbach.

AvW Invest AG will communicate its half-year results on 12 August 2009.

About AvW Invest AG:

AvW Invest AG (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS),
which is domiciled in Krumpendorf at Lake Wörthersee, is active in two core
business areas: equity investments and real estate. AvW´s shares are listed in
the Standard Market Auction segment of the Vienna Stock Exchange.