Intervest Offices & Warehouses NV

AGM Information • Apr 30, 2014

Press release

Antwerp, 30 April 2014

Report of the ordinary and extraordinary general meeting of 30 April 2014

1. Approval of the annual accounts

The ordinary general meeting of shareholders of 30 April 2014 has approved the statutory annual accounts of Intervest Offices & Warehouses closed on 31 December 2013, as well as the result allocation.

2. Dividend distribution for financial year 2013

For financial year 2013, the ordinary general meeting has decided to distribute a gross dividend of € 1,53 per share. After deduction of 25 % withholding tax, the net dividend for financial year 2013 amounts thus to € 1,1475 per share.

The terms for the optional dividend for financial year 2013 will be published on Tuesday 6 May 2014 before opening of the Stock Exhange. With an optional dividend the shareholders are given the opportunity to contribute their dividend receivable, that arises from the profit distribution, in the company's capital in return for the issue of new shares, in addition to the option to receive the dividend in cash.

3. Other resolutions of the general meeting

Furthermore, the general meeting has taken following resolutions:

• Approval of the provisions granting rights to bondholders within the scope of the 2014 bond loan (bond with maturity on 1 April 2019 and bond with maturity on 1 April 2021), whereby the exercise of these rights is subject to a change in the control of the company, in accordance with Article 556 of the Belgian Companies Code.
• Approval of the provisions of change of control in some credit facilities agreements, whereby the exercise of these rights is dependent upon a change in the control of the company, in accordance with Article 556 of the Belgian Companies Code.
• At the request of the Office of the Clerk of the Commercial Court in Antwerp, cognizance and ratification of the end of the mandates of certain directors in the past.
• Amendments to the articles of association to align them with recent changes of law regarding dematerialised shares.

Note to the editors: for more information, please contact:

INTERVEST OFFICES & WAREHOUSES SA, public property investment fund under Belgian law, Jean-Paul Sols - CEO or Inge Tas - CFO, T + 32 3 287 67 87, http://corporate.intervest.be/en/offices/