Aedifica SA

Share Issue/Capital Change • Dec 4, 2012

PRESS RELEASE Regulated information

4 December 2012 – 14:00 CET

Public offering of maximum 2,697,777 New Shares within the framework of a capital increase in cash with Preferential Right in an amount up to a maximum of €99,817,749

Result of the sale of Scrips

During the Subscription Period with Preferential Right, which closed on 3 December 2012, 2,380,650 New Shares have been subscribed to, or 88.24 % of the maximum amount of New Shares.

All the 845,672 Preferential Rights, represented by coupon No. 9, which were not exercised at closing of the Subscription Period, were sold as Scrips on 4 December 2012 within the framework of an accelerated private placement to institutional investors. Buyers of Scrips subscribed to 317,127 New Shares at the same price and in the same proportion as for the subscription with the Preferential Right, i.e. three New Shares at €37.00 for eight rights as Scrips.

The amount due to the holders of the unexercised Preferential Rights amounts to €1.68 per Scrip and will be paid against delivery of coupon No. 9 as from 7 December 2012.

The gross proceeds of the offering of New Shares subscribed to, at the end of the Subscription Period with Preferential Right and the accelerated private placement of Scrips, amounts to €99,817,749.

Aedifica expresses its great satisfaction regarding this result and thanks all existing and new shareholders for their trust in its strategy and growth perspectives.

The payment and delivery of the New Shares shall be made with a value date as per 7 December 2012. The New Shares will be tradable on the regulated market of Euronext Brussels as from this same date.

Trading of the Aedifica share has been suspended on 4 December 2012 throughout the accelerated private placement of the Scrips. As this phase has now ended, the suspension of the trading will be brought down.

***** BNP Paribas Fortis and ING Belgium act as Joint Global Coordinators in this transaction, and Bank Degroof, BNP Paribas Fortis, ING Belgium and KBC Securities act as Joint Bookrunners

*****

PRESS RELEASE Regulated information

4 December 2012 – 14:00 CET

The abovementioned information may not be publicly released in any other country outside of Belgium, the only jurisdiction in which the offer was public and in which any registration obligation, approval obligation or other obligation would be applicable to the offer. They may not be directly or indirectly released in the United States. The abovementioned information does not constitute, and is not part of, a share offer in the United States.

***** The English version of this press release constitutes a free translation of the text in the French language, made for information purposes only. In case of inconsistency with the French version or inaccuracy of the English translation, the French text shall prevail.

• - unfurnished apartment buildings in Belgian cities;
• - furnished apartment buildings;
• - senior housing;
• - hotels.

Aedifica is a Belgian REIT quoted on NYSE Euronext Brussels (continuous market).

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