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Altarea

Share Issue/Capital Change Jun 23, 2011

1101_iss_2011-06-23_c01d3d51-c2d6-4d5d-8a00-e50f72da12e7.pdf

Share Issue/Capital Change

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ALTAREA COGEDIM STOCK ELIGIBLE FOR DSS "LONG-ONLY" FROM JUNE 27TH 2011

Altarea Cogedim announces that its stock will be eligible for DSS "long-only" on NYSE Euronext beginning Monday June 27th 2011. Starting on that date, any potential investor will be able to purchase Altarea Cogedim stock through the Differed Settlement Service, benefiting from the leverage effect as well as a deferred payment.

"This status will participate in further increasing trading volumes of Altarea Cogedim shares, hence its liquidity and attractiveness within the financial community, both in France and abroad", declared Eric Dumas, Chief Financial Officer of Altarea Cogedim.

Upcoming publication: H1 consolidated results on July 29th (after market close)

About Altarea Cogedim

Altarea Cogedim is a leading property investment and development group active in all three main property markets: retail, office, and residential. It has the skills and experience to effectively design, develop, sell, and manage customised property assets in each of these markets. The Group's risk exposure is aligned with its longterm vision, and it creates value by designing and building attractive assets and by seizing profitable opportunities in the property sector. Altarea Cogedim operates in France and Italy, with a property portfolio worth €2.6 billion. Altarea is listed in Compartment A of NYSE Euronext Paris with a market capitalisation of €1.5 billion.

[email protected] [email protected] tel: + 33 1 44 95 51 42 tel: + 33 1 53 32 78 95

Nathalie Bardin, Group Communications Director Aliénor Miens, Press Relations [email protected] [email protected] tel: +33 1 56 26 25 36 tel: + 33 1 53 32 84 77

Altarea Cogedim contacts: Contacts Citigate Dewe Rogerson:

Eric Dumas, Chief Financial Officer Agnès Villeret, Analyst and Investor Relations

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