Cofinimmo S.A. reported consolidated earnings results for the first quarter ended March 31, 2013. Operating result (before result on the portfolio) was €46.105 million, compared to €53.182 million for the last year. The rental income was amounts to €48.6 million, compared to €58.0 million for the last year. The financial loss stands at €15.9 million, compared to €14.8 million for the last year. The net current result - Group share (excluding IAS 39 impact) is €28.9 million or €1.70 per share, compared to €37.4 million or €2.45 per share as at for the last year. The net result - Group share is €22.5 million or €1.32 per share, compared to €35.3 million or €2.30 per share for the last year. Revalued net asset value in fair value after distribution of dividend for the year 2011 was €93.97 as on March 31, 2013, compared to €92.16 as on Dec. 31, 2012. Revalued net asset value in investment value after distribution of dividend for the year 2011 was €98.35 as on March 31, 2013, compared to €96.81 as on Dec. 31, 2012. The company proposed a gross dividend of €6.50 per ordinary share and €6.37 per preference share for the 2012 financial year (payable in June 2013). The forecast of net current result per share of €7.02 for the financial year 2013, published in 2012 annual financial report, has been revised. Taking into account the 1,054,438 treasury shares sold since Jan. 01, 2013 which will share in the result of the year, and with all other assumptions being unchanged, the forecast now stands at €6.74 per share.

The Board of Directors of Cofinimmo S.A. to propose to the ordinary general assembly, an unchanged gross dividend of EUR 6.50 per ordinary share for fiscal year 2012, payable on May 22, 2013. This represents a pay-out ratio of 85.4% of the aforementioned profit.

Cofinimmo S.A. reported audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported net rental income of EUR 202,357,000 against EUR 188,967,000 for the same period last year. Property operating result was EUR 196,202,000 against EUR 185,097,000 for the same period last year. Operating result (before result on portfolio) was EUR 188,839,000 against EUR 177,791,000 for the same period last year. Net current result - Group share was EUR 97,486,000 against EUR 103,643,000 for the same period last year. Net result - Group share was EUR 98,072,000 against EUR 118,539,000 for the same period last year. Net current result per share - Group share was EUR 7.61 for 2012, compared to EUR 7.45 for 2011. Based on the current expectations and in the absence of major unforeseen events, the company has set an objective for its net current result - Group share of EUR 7.00 per share for fiscal year 2013. The board of directors considers that the dividend per share will need to be reduced starting from fiscal year 2013 (dividend payable in 2014). It plans to offer the shareholders a gross dividend per ordinary share of EUR 6.00.