| BUWOG AG announces according to Article 93 Section 2 Austrian Stock Exchange Act as follows: JPMorgan Chase & Co., on account of its indirect subsidiary J.P. Morgan Securities plc*, 25 Bank Street, Canary Wharf, London E14 5JP, United Kingdom (JPMS), notified BUWOG AG, pursuant to section 92a para 1 in connection with sections 91 et seq Austrian Stock Exchange Act (SEA) and in relation to certain ordinary bearer shares of BUWOG AG that are admitted to trading on the Official Market of the Vienna Stock Exchange and held by IMMOFINANZ AG, Wienerbergstraße 11, 1100 Vienna, Austria (IMMOFINANZ), and by JPMS, as follows: 1. Pursuant to a global master securities lending agreement (the GMSLA) entered into on 4 September 2014 between IMMOFINANZ and JPMS, IMMOFINANZ granted JPMS an option (the Stock Loan Option) to borrow from IMMOFINANZ all or part of 4,000,000 ordinary bearer shares of BUWOG AG (the Loan Shares) held by IMMOFINANZ. The Loan Shares represent 4.02% of the voting shares of BUWOG AG. 2. Pursuant to the Stock Loan Option, JPMS is therefore entitled to acquire shares in excess of the threshold of 4.0%, but not more than 5.0%, each as set forth in section 91 para 1 of the SEA. 3. JPMS may, in accordance with the Stock Loan Option, acquire the Loan Shares at any time during a period from, and including, the date of the GMSLA, up to, and including, the date falling five business days prior to the earlier of (i) 11 September 2019 or (ii) the share delivery date following a share redemption by IMMOFINANZ with respect to its EUR 375,000,000 1.50% bonds exchangeable into ordinary bearer shares with no par value of BUWOG AG (ISIN: XS1108672988) due 2019 (the Bonds), which Bonds are to be issued on 11 September 2014 (the Issue Date). 4. Furthermore, in separate transactions unrelated to the foregoing Stock Loan Option, JPMS lent out to non-affiliated entities 13,589 ordinary bearer shares of BUWOG AG and pledged an additional 374,150 such shares as collateral with transfer of title and voting rights, which transactions entitle JPMS to re-acquire such shares. 5. In addition to the above, JPMS holds for its own account 3,024,853 ordinary bearer shares of BUWOG AG (or 3.04% of the voting shares of BUWOG AG). 6. Consequently, JPMorgan Chase & Co., through its indirect subsidiary JPMS, either directly holds, or holds options to acquire, a total of 7,412,592 (7.44%) ordinary bearer shares of BUWOG AG, or more than 5% of the voting shares of BUWOG AG. * Subsidiary which is controlled, directly or indirectly (via intermediate holding companies), by JPMorgan Chase & Co. The chain of ownership is as follows: J.P. Morgan Securities plc (London, United Kingdom, ID: 02711006) is an indirect subsidiary of JPMorgan Chase & Co (Wilmington, Delaware, U.S.A., ID: 0691011), as follows: The shares in J.P. Morgan Securities plc (London, United Kingdom, ID: 02711006) are held by J.P. Morgan Capital Financing Limited (London, United Kingdom, ID: 02290621) (0.64%) which is a 100% subsidiary of JPMorgan Chase & Co (Wilmington, Delaware, U.S.A., ID: 0691011) and by J.P. Morgan Chase International Holdings (London, United Kingdom, ID: 01049473) (99.36%). J.P. Morgan Chase International Holdings (London, United Kingdom, ID: 01049473) is a 100% subsidiary of J.P. Morgan Chase (UK) Holdings Limited (London, United Kingdom, ID: 01213086). J.P. Morgan Chase (UK) Holdings Limited (London, United Kingdom, ID: 01213086) is a 100% subsidiary of J.P. Morgan Capital Holdings Limited (London, United Kingdom, ID: 03871969). The shares of J.P. Morgan Capital Holdings Limited (London, United Kingdom, ID: 03871969) are held by J.P. Morgan International Inc. (New York, New York, U.S.A., ID: 830319), directly (0.001%) and indirectly through J.P. Morgan International Finance Limited (Newark, Delaware, U.S.A., ID: 906915) (72.727%) and J.P. Morgan Overseas Capital Corporation (Newark, Delaware, U.S.A., ID: 0782145) (27.272%) which itself is a 100% subsidiary of J.P. Morgan International Finance Limited (Newark, Delaware, U.S.A., ID: 906915); J.P. Morgan International Finance Limited (Newark, Delaware, U.S.A., ID: 906915) is a 100% subsidiary of Bank One International Holdings Corporation (Chicago, Illinois, U.S.A., ID: 840242) which itself is a 100% subsidiary of J.P. Morgan International Inc. (New York, New York, U.S.A., ID: 830319). J.P. Morgan International Inc. (New York, New York, U.S.A., ID: 830319) is a 100% subsidiary of JPMorgan Chase Bank, National Association (Wilmington, Delaware, U.S.A., ID: OCC Charter 8). JPMorgan Chase Bank, National Association (Wilmington, Delaware, U.S.A., ID: OCC Charter 8) is a 100% subsidiary of JPMorgan Chase & Co (Wilmington, Delaware, U.S.A., ID: 0691011). | |
