According to Art 19 Marktmissbrauchsverordnung (MMVO) persons who assume a leading position in an emitting company or persons in close relation to them have to make public dealings in shares or securities of their company within three days after closing, if the volume of the dealings reaches a total of EUR 5.000 in a calendar year.

DGAP-DD: ADLER Real Estate AG english

Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EQS Group AG.
The person with duty of notification is solely responsible for the content
of this announcement.

Details of the person subject to the disclosure requirement
Last name: Katzuba von Urbisch
First name: Thomas

Position: Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument: ADLER Real Estate AG bearer shares without par value
ISIN/WKN of the financial instrument: DE0005008007
Type of transaction: Purchase
Date: 31.01.2014
Price: 3.90
Currency: EUR
No. of items: 480000.00
Total amount traded: 1872000.00
Place: over the counter

Information about the company with duty of publication

Issuer: ADLER Real Estate AG
Alstertor 17
20095 Hamburg
ISIN: DE0005008007
WKN: 500800

End of Directors' Dealings Notification
(c) DGAP 31.01.2014

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