Ad hoc-News

Glanegg, November 23, 2007

HIRSCH Servo AG: Swisscanto Group’s Environment Fund Increases its Equity Stake to over 5% of HIRSCH Servo Shares

HIRSCH Servo AG has received notification pursuant to Article 91 (1) Stock Exchange Act from Berne-based Swisscanto Fondsleitung AG that it has increased the number of HIRSCH Servo shares in its portfolio. Following a further stock purchase effective November 21, 2007, Swisscanto (LU) Equity Fund Climate Invest now holds 25,504 of a total of 500,000 HIRSCH Servo shares, which corresponds to 5.10% of the capital stock issued by HIRSCH Servo AG.

The next date on the financial calendar is November 30, 2007 when the results for the first quarter 2007-08 will be announced.

*The HIRSCH Servo Group is the EPS specialist on the Vienna Stock Exchange with manufacturing facilities in Austria, Hungary, Poland, Slovakia, Italy and Romania. EPS products (EPS stands for expandable polystyrene and is better known under the brand name of Porozell®) support a variety of functions, including energy savings, as well as sustainable and eco-friendly growth. Their wide-ranging applications cover packaging, shape-molded parts, building insulation, modular boards for underfloor heating, construction blocks and Thermozell® lightweight concrete products.

For further information, please contact Michaela Promberger, Tel: +43 4277 2211-312,
Fax: +43 4277 2211-370, E-mail: michaela.promberger@hirsch-gruppe.com,
www.hirsch-gruppe.com