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June 16, 2010

Mobimo Holding AG successfully completes CHF 155 million Convertible Bond Issue due 2014

Mobimo Holding AG / Miscellaneous

16.06.2010 17:20

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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OR
FROM THE UNITED STATES (OR TO U.S. PERSONS), CANADA, JAPAN, AUSTRALIA OR
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OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF
THE RELEVANT LAWS OF SUCH JURISDICTION.

M e d i a  R e l e a s e

Mobimo Holding AG successfully completes CHF 155 million Convertible Bond
Issue due 2014

Lucerne, 16 June 2010 - Mobimo Holding AG, Lucerne, Switzerland (the
'Issuer') priced a convertible bond issue due 2014 of CHF 155 million, that
can increase up to CHF 175 million if the overallotment option is exercised
in full (the 'Bonds'). Due to the strong demand and the multiple
oversubscription of the order book, the increase option over CHF 30 million
was exercised in full. The Bonds are convertible into registered shares of
Mobimo Holding AG (the 'Shares'), which will be sourced from conditional
share capital. UBS Investment Bank acts as Lead Manager and Sole Bookrunner
for the Bonds.

The Bonds have a maturity of 4 years, a coupon of 2.125% payable annually
in arrear, and a conversion price of CHF 210.37, corresponding to a
conversion premium of 13%. The issue and the redemption price are set at
100%. The Issuer may redeem the Bonds at any time on or after 21 July 2013
at par, together with accrued and unpaid interest, if the closing price of
the Shares is at least 130% of the conversion price on at least 20
consecutive trading days, or at any time after the payment date at par,
together with accrued and unpaid interest, if less than 15% in aggregate of
the principal amount of the Bonds are outstanding. The Issuer has granted
UBS Investment Bank an overallotment option to purchase an additional
amount of up to CHF 20 million of Bonds exercisable until 23 June 2010. The
Bonds in the denomination of CHF 5,000 are convertible into Shares on or
after 10 August 2010 and until 19 June 2014. Any interest payable on the
Bonds will be subject to Swiss withholding tax.

The proceeds of the Bonds will be mainly used to finance further real
estate development projects and to expand the real estate portfolio, as
well as for general corporate purposes. The payment date of the Bonds is
expected to be on or around 30 June 2010. Application will be made for
provisional admission to trading of the Bonds on the SIX Swiss Exchange as
from 25 June 2010. The Shares are listed and traded according to the
Standard for Real Estate Companies on the SIX Swiss Exchange.

UBS Investment Bank acts as Lead Manager and Sole Bookrunner for the Bonds
and Bank Vontobel AG, Zürcher Kantonalbank and Reichmuth & Co act as
Co-Managers.


About Mobimo
Mobimo Holding AG was established in 1999 in Lucerne and has been listed on
the SIX Swiss Exchange since 2005. The Mobimo Group has an attractive
portfolio mix comprised of investment properties showing stable revenues
and development properties offering high potential for value enhancement.
Acquisitions and investments are targeted mainly in attractive locations in
the business centres of Zurich, Lucerne / Zug, Basel, St. Gall and Lausanne
/ Geneva. Mobimo's attractive portfolio amounts to CHF 1.9 billion in total
comprising 112 investment properties with a target rental income of CHF 92
million as well as development properties, comprised of developments for
its own investment portfolio as well as the development of owner-occupied
residential property for sale, with an investment volume of CHF 570
million. Mobimo is one of the leading real estate companies in Switzerland.
For more information please consult our website on www.mobimo.ch.
 

For further information please contact: 
Mobimo Media and IR office
Dynamics Group AG
Edwin van der Geest/Philippe Blangey/Alexandre Müller
+ 41 43 268 32 32
ir@mobimo.ch 

Mobimo Holding AG    
Dr. Christoph Caviezel, CEO
Manuel Itten, CFO
+41 44 397 11 86


THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND
SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A
GENERAL CIRCULATION IN THE UNITED STATES. THIS DOCUMENT DOES NOT CONSTITUTE
AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES NOR DOES
IT CONSTITUTE A PROSPECTUS WITHIN THE MEANING OF ARTICLE 652A OR 1156 OF
THE SWISS CODE OF OBLIGATIONS OR A LISTING PROSPECTUS PURSUANT TO THE
LISTING RULES OF THE SIX SWISS EXCHANGE. ANY DECISION TO PURCHASE ANY
SECURITIES REFERRED TO HEREIN SHOULD BE SOLELY BASED ON THE RELEVANT
PROSPECTUS. IN ADDITION, NEITHER THE BONDS NOR THE SHARES OF MOBIMO HOLDING
AG INTO WHICH THE BONDS ARE CONVERTIBLE HAVE BEEN OR WILL BE REGISTERED
UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR
DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT FROM
REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION
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IN CONNECTION WITH THE OFFERING OF THE BONDS, UBS INVESTMENT BANK (THE
'STABILISATION AGENT') OR ANY PERSON ACTING ON BEHALF OF THE STABILISATION
AGENT MAY OVER-ALLOT THE BONDS OR EFFECT TRANSACTIONS WITH A VIEW TO
SUPPORTING THE MARKET PRICE OF THE BONDS AT A LEVEL HIGHER THAN THAT WHICH
MIGHT OTHERWISE PREVAIL. HOWEVER, THERE IS NO ASSURANCE THAT THE
STABILISATION AGENT (OR PERSONS ACTING ON BEHALF OF THE STABILISATION
AGENT) WILL UNDERTAKE STABILISATION ACTIONS. SUCH STABILISATION, IF BEGUN,
MAY BE ENDED AT ANY TIME, AND MUST BE BROUGHT TO AN END AFTER A LIMITED
PERIOD. ANY STABILISATION OR OVER-ALLOTMENT MUST BE CONDUCTED BY THE
STABILISATION AGENT (OR PERSONS ACTING ON BEHALF OF THE STABILISATION
AGENT) IN ACCORDANCE WITH ALL APPLICABLE LAWS AND RULES.
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WITHIN ARTICLE 19(1) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000
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QUALIFIED INVESTORS.


16.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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