RNS Number:8595V
Direct Wonen N.V.
01 May 2007

1st May 2007


                                 DIRECT WONEN
                       ("Direct Wonen" or "the Company")


       Successful listing on the AIM market of the London Stock Exchange


Direct Wonen, a leading residential property lettings agent in The Netherlands,
also active in new build property sales and as a financial services
intermediary, announces that its shares have today been admitted to trading on
AIM.


At a Placing price of 137 pence per share, Direct Wonen is capitalised at
approximately #215 (Euro317) million. The Placing raised approximately #40 (Euro60)
million (net of expenses) for the Company through the issue of 32,275,684 new
ordinary shares.  In addition, the Placing also comprised the sale of 12,413,725
shares also at the Placing price, by Weswa B.V., which remains a majority
shareholder in the Company with approximately 70% of the Company's issued share
capital.


The Direct Wonen group of companies operate three complementary business lines:

- private residential property lettings

- new build property sales

- acting as a financial services intermediary


All three business lines utilise Direct Wonen's on-line database of tenants
(including prospective purchasers), landlords and property developers. In 2006
the Direct Wonen group's website www.directwonen.nl  had a total of
approximately 700.000 registered users and approximately 2.4 million unique
visitors. In addition the Direct Wonen group of companies has a network of 23
regional offices.


Direct Wonen was formed in 1990 by Richard Westerhuis (Chief Strategy Officer)
and Yvonne Swaans (Chief Executive Officer) as "De Kamer Balie", a letting
business in Eindhoven, The Netherlands. In 1993 the Company began trading under
the name Direkt Wonen. In addition to the two founders, the executive board of
the Company consists of Ihab El Sayed (CFO) and Helga Bouwman (COO). The Company
also currently has two non-executive directors on the board.


The Company intends to use the net proceeds of the Placing to, amongst other
things,  to strengthen its balance sheet and to finance the Company's strategic
development in new build property sales and financial services and fund
geographic expansion in Europe.


Collins Stewart Europe Limited is acting as Nominated Adviser and Broker to the
Company.

The Company's ticker symbol is DIWO.


Commenting on the successful Placing and first day of dealings, CEO Yvonne
Swaans, said: "This listing on AIM is a very important step in the development
of Direct Wonen. This flotation underscores our national and international
ambitions in the property letting business, financial services and new build
property sales and provides the financing to fund our future growth."



For further information please contact:


Direct Wonen                                                Tel +31(0)70-304 2691

Irma de Jong                                                i.dejong@directwonen.nl

www.directwonen.com

Hill and Knowlton Nederland                                 Tel +31(0)20-404 4707

Edwin van Wijk                                              evwijk@hillandknowlton.com

www.hillandknowlton.nl


The contents of this announcement, which has been prepared and issued by and is
the sole responsibility of Direct Wonen N.V., have been approved solely for the
purposes of section 21 of the Financial Services and Markets Act 2000 by Collins
Stewart Europe Limited.  Collins Stewart Europe Limited is authorised and
regulated in the United Kingdom by the Financial Services Authority, is acting
for Direct Wonen N.V. and for no-one else in connection with the matters
described in this announcement and will not be responsible to anyone other than
Direct Wonen N.V. for providing the protections afforded to customers of Direct
Wonen N.V. or for advising them on the contents of this announcement or any
matter referred to herein.



This announcement does not, and no part of it shall, constitute or form part of
any offer for sale or subscription of securities, or any solicitation of any
such offer, not shall it, or any part of it, form the basis of or be relied upon
in connection with any contract or commitment whatsoever.  Any eventual
acquisition of, or application for, shares in Direct Wonen N.V. should be made
solely on the basis of information contained in the admission document relating
to Direct Wonen N.V. in which has been issued in connection with the proposed
admission to trading of ordinary shares in the capital of Direct Wonen N.V.(the
"Ordinary Shares") to AIM, a market operated by London Stock Exchange plc.


This announcement is not for release, publication or distribution, in whole or
in part, in or into the United States of America, Canada, Japan or Australia or
any jurisdiction where such announcement would be unlawful.


These written materials are not an offer of securities for sale in the United
States. Securities may not be offered or sold in the United States absent
registration under the US Securities Act of 1933 (the "US Securities Act") or an
exemption therefrom.  Direct Wonen N.V. has not and does not intend to register
any Ordinary Shares under the US Securities Act. The Ordinary Shares will not be
offered or sold to the public in the United States.


The value of securities can go down as well as up. Past performance is not a
guide to future performance. Persons needing advice should consult a
professional adviser.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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