Intervest Offices & Warehouses NV

Notice of Dividend Amount • May 23, 2013

Press release

Antwerp, 23 May 2013

Result for the optional dividend in shares for financial year 2012: ୭ 20,6 % of the shareholders chooses for shares

୭ Capital increase of € 3,9 million

The shareholders of property investment fund Intervest Offices & Warehouses chose for 20,6 % of their shares for a contribution of their dividend rights in return for new shares instead of payment of the dividend in cash.

This leads for Intervest Offices & Warehouses to a capital increase of € 3,9 million (share capital and share issuance premium) by means of the creation of 225.124 new shares, as a result of which the total number of shares of Intervest Offices & Warehouses as of today, 23 May 2013, amounts to 14.424.982. The other dividends are paid in cash for a total gross amount of € 21,1 million.

This capital increase provides a decrease of the debt ratio of 0,7 % compared to a 100 % distribution of the dividend in cash. The funds that are not paid in cash will be used by Intervest Offices & Warehouses for financing the further expansion of its logistic real estate portfolio.

The reference shareholder of Intervest Offices & Warehouses, the Dutch real estate fund NSI, has opted for a dividend in cash (54,0 % shareholding after this optional dividend). Of all other negotiable shares 45,6 % has opted for the optional dividend.

The actual settlement of the dividend payment will take place on Friday 24 May 2013, by which, depending on the shareholder's choice, new shares, issued in return for the contribution of dividend rights, will be delivered, or the dividend for 2012 will be paid out in cash, or combination of both previous payment options will take place.

The newly created shares will be listed from Monday 27 May 2013 and will be tradable as from that moment on NYSE Euronext Brussels. The new shares are entitled to the results of Intervest Offices & Warehouses as from 1 January 2013 (first dividend payable in May 2014).

Notification in accordance with article 15 § 1 of the Law of 2 May 2007 regarding the notification of major participations (Transparency regulation):

Following this capital increase and the issue of 225.124 new shares at a total subscription price of € 3.863.127,84, i.e. € 2.051.424,65 as share capital and € 1.811.703,19 as share issuance premium, the total share capital of Intervest Offices & Warehouses on 23 May 2013 amounts to 131.446.507,79. As of today, the capital is represented by 14.424.982 fully paid-up ordinary shares. There are no preferred shares. No outstanding options or warrants have been issued that entitle their holder to shares. Each of the shares carries one voting right on the general meeting and these shares represent the denominator for the purpose of notifications under the transparency regulations.

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, www.intervestoffices.be