C-QUADRAT funds authorized for direct sales and marketing in Hungary

C-QUADRAT Investment AG (ISIN AT0000613005) is successfully continuing on its internationalization course in Eastern Europe. As of today, the funds C-QUADRAT ARTS Best Momentum, C-QUADRAT ARTS Total Return Dynamic and C-QUADRAT ARTS Total Return Balanced are authorized for retail sales and marketing in Hungary. In the fall of 2006, two major European insurance companies already successfully included C-QUADRAT funds as underlying products for their unit-linked life insurances in Hungary. On the subject of retail sales and marketing in Hungary, Eric Samuiloff, one of C-QUADRAT’s Directors, was pleased to state: "The start of the direct sales and marketing of our successful investment funds represents the consistent continuation of our expansion strategy in Eastern Europe."

C-QUADRAT’s push into the CEE countries will help to open up a potential market of over 65 million consumers in Hungary, Czechia, Poland and in Slovakia. As Samuiloff stated: "An above-average market growth of more than 20 percent (2001-2006), as witnessed in the investment fund sector in these countries, and the similarly strong increase in the retirement provisions field provide solid grounds for already assuming a strategic position in these markets now."

C-QUADRAT funds have already been successfully used as underlying products for unit-linked life insurances within the CEE countries of Hungary, Czechia and Poland in the past.