GSW Immobilien AG / Key word(s): Change of Personnel 18.12.2014 17:36 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. --------------------------------------------------------------------------- GSW Immobilien AG - Ad hoc announcement according to § 15 WpHG After the takeover by Deutsche Wohnen AG, the Management Board of the company has been appointed with Michael Zahn (CEO), Andreas Segal and Lars Wittan identical to the Management Board of Deutsche Wohnen AG. The Supervisory Board decided a replacement of the Management Board on December 18, 2014. Michael Zahn and Andreas Segal will leave the Management Board of the company by the turn of the year and concentrate on their tasks at Deutsche Wohnen AG. Lars Wittan will be new chairman of the Management Board. New member of the Management Board will be Dr. Kathrin Wolff, who was divisional director of the company so far. 18.12.2014 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: GSW Immobilien AG Charlottenstraße 4 10969 Berlin Germany Phone: 030 68 99 99 0 Fax: 030 68 99 99 999 E-mail: [email protected] Internet: www.gsw.de ISIN: DE000GSW1111 WKN: GSW111 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------