DGAP-Ad hoc: DO Deutsche Office AG

DGAP-Adhoc: DO Deutsche Office AG plans transformation into limited partnership and and announces net loss for the year - no dividend payment for fiscal year 2015

DO Deutsche Office AG / Key word(s): Miscellaneous/Final Results

01.03.2016 13:13

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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DO Deutsche Office AG ("Deutsche Office", symbol: PMOX, ISIN: DE000PRME020) is pondering the transformation into a limited partnership, more specifically that of a GmbH & Co. KG. With the change of form, Deutsche Office shares will no longer be admitted for trading.

The Supervisory Board of the Company in its meeting today approved the proposal of the Executive Board to prepare Deutsche Office for the transformation into a GmbH & Co. KG. Subject to the final decision of the Executive and Supervisory Board of Deutsche Office, a resolution on this structural measure shall be adopted at the 2016 Annual General Meeting. Further details, in particular the date of the Annual General Meeting, will be announced at a later date.

Deutsche Office today announces a consolidated net loss for fiscal year 2015: The net loss of 79 million euro mainly results from the value adjustments of the real estate portfolio as of 31 December 2015. The valuation of external appraisers resulted in a market value of 1.6 billion euro as of 31 December 2015 corresponding with a write-down of approx. 81 million euro (adjusted by acquisitions and disposals). As consequence of the net loss, total equity of Deutsche Office according to IFRS at 31 December 2015 stood at 709 (31 December 2014: 803) million euro. Against the backdrop of the negative result also in the Annual Accounts of Deutsche Office, the net loss for fiscal year 2015 shall be carried forward onto new accounts; a dividend payment is omitted.

Publication of Deutsche Office's annual financial statements is scheduled for 30 March 2016.

Contact for corporate queries: DO Deutsche Office AG Richard Berg Head of Investor Relations & Corporate Communications Email: rberg@deutsche-office.de Telephone: +49 (0)221 - 888 29 160



01.03.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: DO Deutsche Office AG Maarweg 165 50825 Cologne Germany Phone: +49 (0)221 88829 100 Fax: +49 (0)221 88829 199 E-mail: info@deutsche-office.de Internet: www.deutsche-office.de ISIN: DE000PRME020 WKN: PRME02 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------