Immobel NV

Earnings Release • Oct 18, 2012

Brussels, 18 th October 2012 Under embargo : 5.40 pm Regulated information

PRESS RELEASE

INTERMEDIATE STATEMENT

In accordance with the Royal Decree of 14 November 2007, please see below the important events that have occurred since 1 st July 2012.

As part of the development of its projects, IMMOBEL has:

• acquired the company that owns the "Parc Seny" office building (13,000 m²) in Auderghem, with a view to converting it into housing of the latest generation;
• sold a plot of approximately 15,000 m² for the development of offices in Cracow, Poland;
• started work on the office project Black Pearl in Brussels (11,000 m² ) and on three residential projects, two in Brussels and one in Flanders;
• finished the complete restoration of its mixed office and commercial project situated in the centre of Poznan (+/- 7,600 m² ).

In addition to these important events, IMMOBEL has continued the development of its portfolio, which includes (at 30th September 2012) nearly 168,000 m² of offices, 215,000 m² of residential and nearly 378 ha of land.

In view of this large and diversified portfolio of good quality projects and the negotiations underway, the Board of Directors of IMMOBEL is confident about the future positive development of the Company. The full year results for 2012 will depend on the conclusion of some major contracts which the Company is hopeful to sign before the end of the year or in the first semester of next year.

For more information: Gaëtan PIRET*, Managing Director T. +32(0)2 422 53 23 * SPRL gaetan.piret@immobel.be

About IMMOBEL:

IMMOBEL has been a major player in property development in Belgium for over 145 years. It is also active in the Grand Duchy of Luxembourg and is currently developing a new growth pole in promotion projects in Central Europe, particularly in Poland. Its business covers the office, residential and landbanking sectors, as well as, when the opportunity arises, retail, ensuring the diversification of its portfolio of projects. Its vision of the market and its expertise allow it to design, promote and manage ambitious real estate projects that create long-term value, while respecting the environment and integrating the main issues facing society.

IMMOBEL is listed on Euronext Brussels as «IMMOBEL». For further information see: www.immobel.be