Press release

ASMALLWORLD AG (SWX:ASWN): Hauck & Aufhäuser Privatbankiers initiates coverage of ASMALLWORLD with a 'Buy' rating and a target price of CHF 12.00 and CHF 20.00, respectively

Zurich, 25.6.2018 - Hauck & Aufhäuser Privatbankiers have initiated their research coverage of ASMALLWORLD AG (SWX:ASWN). In their initial research report, the independent analysts rate ASMALLWORLD AG a 'buy' with a target price of CHF 12.00. In addition, the analysts see room for an even higher target price of CHF 20.00 in case the potential acquisition (announced on April 26) will be completed. ASMALLWORLD AG has the right to exercise a call option agreement to acquire a subscription-based luxury travel community by November 30^th 2018.

The research study of Hauck & Aufhäuser Privatbankiers is available on the homepage of ASMALLWORLD AG in the download area under the following link:

www.asmallworldag.com/downloads

Contact:

ASMALLWORLD AG
Jan Luescher, CEO
Bellerivestrasse 241
CH-8008 Zurich
press@asw.com

ASMALLWORLD - share the good life

ASMALLWORLD, the leading international lifestyle community, is a private social network that connects people with shared passion for the good life.

Each year, ASMALLWORLD organises more than 1000 events around the world, where members can expand their private and professional networks. The ASMALLWORLD website and mobile apps offer members the opportunity to engage in discussions, obtain travel advice from the Travel Guides or other members, or meet fellow members whilst travelling the world. Members also enjoy exclusive privileges from international partners such as status upgrades, discounts and additional services.

Besides the global ASMALLWORLD community, Zurich-based ASMALLWORLD AG operates ASW Travel AG, which provides bespoke travel arrangements for its customers, as well as The World's Finest Clubs AG, which offers its members access to the most exclusive nightlife venues around the world.

More at www.asw.com and www.asmallworldag.com