SRO Dws Rreef

DWS RREEF Real Estate Fund, Inc. (AMEX:SRQ) (�DWS RREEF I�) and of DWS RREEF Real Estate Fund II, Inc. (AMEX:SRO) (�DWS RREEF II�) (each, a �Fund,� and together, the �Funds�) announced today the availability of additional information regarding each Fund�s Rights Agreement (each �an Agreement,� and together, the �Agreements�).

The Board of Directors announced on Thursday, April 9, 2009 its authorization of a rights dividend and an Agreement for each Fund. Specifically, and subject to the terms of each Agreement, a dividend of one right (the �Right�) will be issued for each outstanding share of a Fund�s common shares (the �Common Shares�). The dividend is payable on April 20, 2009 (the �Record Date�) to stockholders of record on that date. Common Shares issued after that date will be issued with an attached Right. If a person or group acquires beneficial ownership of 17% in the case of DWS RREEF I or 6% in the case of DWS RREEF II, or, if greater, such percentage that is equal to 0.01% more than the highest percent of outstanding Common Shares beneficially owned by any person as of the close of business on April 9, 2009, the Rights would become exercisable by record holders other than the stockholder or group of stockholders acquiring such beneficial ownership. In such event, each Right will entitle the record holder upon exercise to purchase from the applicable Fund three (3) shares of common stock at a per share price equal to the par value of the Common Shares ($0.01). The Rights will expire on August 18, 2009, unless the Rights are earlier redeemed or exchanged by a Fund pursuant to the terms of the applicable Agreement.

The discussion above is qualified in its entirety by the terms of each Agreement. Each Agreement and a summary thereof have been filed with the Securities and Exchange Commission today on Form 8-A and are publicly available. In addition, details of each Agreement will be outlined in a letter that will be mailed on or as soon as practicable after the Record Date to all shareholders of record of the applicable Fund as of the Record Date.

For more information about DWS Investments closed-end funds, visit www.dws-investments.com or call (800) 349-4281.

IMPORTANT INFORMATION

Investments in funds involve risk. The fund involves additional risks due to its narrow focus. There are special risks associated with investment in real estate, including credit risk, interest rate fluctuations and the impact of varied economic conditions.

Shares of common stock of closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and, once issued, shares of common stock of closed-end funds are traded in the open market generally through a stock exchange. Common shares of closed-end funds frequently trade at a discount to net asset value. The price of common shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its common shares will trade at, below, or above net asset value.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of fund securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like �expect,� �anticipate,� �believe,� and similar expressions. Such statements represent management�s current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

The following factors, among others, could cause actual results to differ materially from forward-looking statements: (i) the ability of the Funds to obtain any required shareholder approvals; (ii) the need to obtain any necessary regulatory approvals; (iii) the effects of changes in market and economic conditions; (iv) other legal and regulatory developments; and (v) other additional risks and uncertainties.

NOT FDIC/ NCUA INSURED � MAY LOSE VALUE � NO BANK GUARANTEE

NOT A DEPOSIT � NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

DWS Investments is part of Deutsche Bank�s Asset Management division and, within the US, represents the retail asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. (R-11141-1 04/09)

Scudder Rreef RE Ii (AMEX:SRO)
�去 株価�ャート
�ら 12 2024 �� 1 2025

Scudder Rreef RE Ii (AMEX:SRO)
�去 株価�ャート
�ら 1 2024 �� 1 2025