Intervest Offices & Warehouses NV

AGM Information • Apr 7, 2011

Press release Report of the ordinary and extraordinary general meeting of 6 April 2011

1. Approval of the annual accounts

The ordinary general meeting of shareholders of 6 April 2011, under the chairmanship of Hubert Roovers, has approved the statutory and consolidated annual accounts of Intervest Offices, as well as the allocation of the result.

2. Dividend distribution for the financial year 2010

For the financial year 2010, the ordinary general meeting has decided to distribute a gross dividend of € 1,83 per share. After deduction of 15 % withholding tax, the net dividend for the financial year 2010 amounts thus to € 1,56 per share.

The dividend is payable as from 21 April 2011 on the basis of the shareholding on 20 April 2011.

For the bearer shares the payment is done by presentation of certificate number 12 by ING Bank (main paying agent) or another financial institution at convenience.

For the holders of dematerialised shares the distribution is done by the financial institution having the shares listed on a securities account.

The dividend for the nominal shares will automatically be paid towards to the shareholders by the company.

3. Appointments and reappointments of directors

The ordinary general meeting has reappointed, with immediate effect, Reinier van Gerrevink as dependent director and has appointed Wim Fieggen and Taco de Groot as dependent directors of the company.

The mandate of Reinier van Gerrevink, Wim Fieggen and Taco de Groot as directors will end immediately after the annual general meeting to be held in 2014 and at which will be decided on the approval of the annual accounts as at 31 December 2013. The mandates are not remunerated.

Hence, the board of directors of the company has the following composition as of today:

• Paul Christiaens, independent director, chairman
• Jean-Pierre Blumberg, independent director
• Nick van Ommen, independent director
• Reinier van Gerrevink
• Wim Fieggen
• Taco de Groot

4. Approval of the "put option" clause in the framework of the bond loan 2010 in case of a change of control

The ordinary general meeting has approved the clause regarding the "put option" granted to bondholders on all or a part of the bonds in case of a change of control regarding the bond loan 2010, as described in article 8.12.1 of the Prospectus of 8 June 2010 relating to the bond loan 2010, and this in accordance with article 556 of the Belgian Companies Code.

5. Notification threshold of 3 % for transparency declarations

In accordance with article 18, § 1 of the Law of 2 May 2007 on the disclosure of important participations of listed companies, it is notified that the extraordinary general meeting has approved the modification of the articles of association, introducing an additional statutory notification threshold of 3 % for transparency declarations, and this in addition to the already existing legal thresholds in article 11, named "Transparency regulation", of the articles of association.

6. Royal Decree of 7 December 2010 relating to property investment funds

The extraordinary general meeting has approved all the proposed modifications of the articles of association in order to adapt the articles of association of the company to the requirements of the Royal Decree of 7 December 2010 relating to property investment funds.