AFFINE (EPA:IML) Participation in the capital increase of AffiParis

Transparency directive : regulatory news

25/10/2011 07:30

Paris, 25 October, 2011

  Affine announces a 75% participation in the EUR26 million capital increase of
                                    AffiParis

Affine has announced that it will participate in the EUR25.7 million capital
increase launched today by its subsidiary AffiParis in proportion to its equity
stake, i.e. 75.27%, mainly through capitalisation of its EUR19.7 million
shareholder loan. Affine also declared that it might subscribe for excess
shares in the capital increase.

About the Affine Group
Specialised in commercial property in Paris, the Affine Group holds assets
comprising at the end of June 2010, 107 buildings estimated at a value of
EUR1,079 million and distributed over a surface area of 829,000 sqm. The Group
mostly owns office properties (54%), commercial property (21%) and warehouses
(19%).

Its activity is split between Affine (56%), active in French cities outside
Paris, AffiParis (20%), SIIC - French listed real estate investment trust -
specialised in Paris property, and Banimmo (24%), a Belgian property renovation
company located in Belgium, France and Luxembourg.

The Affine Group also includes Concerto Développement, subsidiary specialised
in the arrangement of development and investment transactions in logistics
properties in Europe.

In 2003, Affine opted for the special tax treatment applicable to French real
estate investment trusts (SIIC). The Affine share is listed on NYSE Euronext
Paris (Ticker: IML FP / BTTP.PA; ISIN code: FR0000036105) and admitted to the
deferred settlement system (long only). The Affine share is included in the
SBF 250 (CAC Small 90), SIIC IEIF and EPRA indices. AffiParis and Banimmo are
also listed on NYSE Euronext. www.affine.fr

Contact
INVESTOR RELATIONS           PRESS RELATIONS
Frank Lutz                   Citigate Dewe Rogerson - Agnès Villeret
+33 (0)1 44 90 43 53 -       +33 (0)1 53 32 78 95 -
frank.lutz@affine.fr         agnes.villeret@citigate.fr

          A French société anonyme with share capital of EUR53,100,000 -
                               Registered Office:
                      5, rue Saint Georges - 75009 Paris
            Tel: +33 (0)1 44 90 43 00 - Fax: +33 (0)1 44 90 01 48 -
                        E-mail address: info@affine.fr
         712 048 735 RCS Paris - Intracommunity VAT number: FR92712048735

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