WOLF THEISS NAMED "AUSTRIAN TAX LAW FIRM OF THE YEAR"

Press Release, 25.05.2006

Wolf Theiss named "Austrian Tax Law Firm of the year" – the second award from the UK this year.

The award given annually by the International Tax Review in London, for outstanding advisory achievement in the area of tax law in Austria, went this year to Wolf Theiss.

On May 24th 2006, on the occasion of a festive gala dinner in Claridge's Hotel in London, the best and most innovative consultancy firms in the area of tax law and international transactions were recognized. The award was given for the second time in the presence of representatives from the world of business, law and politics. 17 national "Law Firms of the Year" were recognized. For Austria the coveted award went to Wolf Theiss.

"This award is a confirmation of the dedication and expertise of our tax law team", comments Christian Hoenig, partner and team-leader at Wolf Theiss. "Over the past year we were able to raise our profile in the market as top tax experts through our work on a number of complex international deals in Austria and Central Europe", noted Partner Niklas Schmidt.

For more than 16 years, the International Tax Review has been providing comprehensive reporting on current trends and developments, plus data and facts from the sector to tax experts in the sector.