EANS-DD: GSW Immobilien AG / Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG

=------------------------------------------------------------------------------- Notification concerning transactions by persons discharging managerial responsibilities pursuant to section 15a of the WpHG, transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. =-------------------------------------------------------------------------------

Details of the person subject to the disclosure requirement: =-------------------------------------------------------------------------------

Person, triggering the disclosure: =---------------------------- Name: Andreas Segal (natural person)

Reason for the disclosure requirement: =----------------------------- Reason: Person performing managerial responsibilities Position: Member of a managing body

Details of the transaction: =-------------------------------------------------------------------------------

Transaction: =----------- Description of financial instrument: GSW Immobilien AG Inhaberaktien o.N. ISIN: DE000GSW1111 Type of transaction: sales Date: 03.05.2012 Currency: Euro Price: 26.04016 No of items: 6500 Total amount traded: 169,261.05300 Place: Frankfurt (XETRA) Explanation:

Further inquiry note: =---------------- René Bergmann Tel.: +49 30 2534 1362 Fax: +49 30 2534 233 1960 E-Mail: rene.bergmann@gsw.de

Issuer subject to the publication requirement: =-------------------------------------------------------------------------------

end of announcement euro adhoc =-------------------------------------------------------------------------------

(END) Dow Jones Newswires

   May 10, 2012 09:58 ET (13:58 GMT)- - 09 58 AM EDT 05-10-12