C-QUADRAT Kapitalanlage AG - a wholly owned subsidiary of C-QUADRAT Investment AG - has received management mandates from Talanx Asset Management GmbH with a volume of approx. EUR 300 million. It is due to assume these management mandates in the 4th quarter of 2011. C-QUADRAT Kapitalanlage AG currently manages assets with a volume of approx. EUR 2.8 billion. Together with Talanx Immobilien Management GmbH and AmpegaGerling Investment GmbH Talanx Asset Management GmbH comprises the Talanx financial services group, Germany's third-largest insurance group. Since late 2010 Talanx Asset Management GmbH has had an approx. 25.1 % stake in C-QUADRAT Investment AG.
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