Aroundtown S.A. — Capital/Financing Update 2017

Mar 20, 2017

Aroundtown Property Holdings Plc. / Miscellaneous - Low Priority

20-March-2017 / 13:43 CET/CEST

Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.

THISANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLYOR INDIRECTLY, IN OR INTOTHE UNITED STATES, CANADA,AUSTRALIA, JAPAN, SOUTHAFRICAORANYOTHER JURISDICTION WHERE TODOSO WOULD CONSTITUTEAVIOLATION OFAPPLICABLE LAWS OR REGULATIONS

AROUNDTOWN PROPERTYHOLDINGS PLCAND ITS SUBSIDIARYATF NETHERLANDS B.V. SUCCESSFULLY PLACE USD 400 MILLION OF NOTES DUE 2032

20 March 2017.

Aroundtown Property Holdings plc (AT) and its wholly-owned subsidiaryATF Netherlands B.V. (ATF) announce today the successful placement of USD 400,000,000 of fixed rate notes due 2032 (the Notes) under the EUR1,500,000,000 Euro Medium Term Note Programme (the EMTN programme). The Notes are the first placement under the EMTN programme, and were issued as a private placement with a single investor inAsia who had not previously invested inAT.AT has hedged the currency risk implied by the USD denomination via a cross currency swap into EUR for the period of the Notes, resulting in an effective coupon of EUR 2% for the Notes until 2022.

Following the successful placement,AT is considering to undertake additional USD notes issuances (swapped into EUR) in dated or perpetual format, to further Asian and other international investors to diversify globally its investor base.

The Notes will be admitted to trading on the regulated market of the Irish Stock Exchange.

AT intends to use the amount raised by the Notes to fund Aroundtown's growth strategy and to re-finance and/or repay existing debt.

AboutATF

ATF is a Dutch private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) and is registered in the Dutch Trade Register of the Chamber of Commerce under registration number 66965209.

AboutAroundtown

Aroundtown Property Holdings plc (ISIN: CY0105562116, trading symbol:AT1 on Frankfurt Stock Exchange/Xetra;ALATP on Euronext) is a public limited liability company incorporated under the laws of Cyprus, having its registered office atArtemidos & Nikou Dimitriou, 54 B, 6027, Larnaca, Cyprus (registered number HE148223).

Contact

Timothy Wright

T: +357-2420-1312

E: info@aroundtownholdings.com

www.aroundtownholdings.com

DISCLAIMER

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELLOR THE SOLICITATION OF AN OFFER TO BUYANY SECURITIES.

THE SECURITIES MENTIONED IN THIS ANNOUNCEMENT HAVE NOT BEEN,AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933,AS AMENDED (THE SECURITIESACT),AND MAYNOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION ORAN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THERE WILL BE NO PUBLIC OFFERING OF THE SECURITIES IN THE UNITED STATES.

THIS ANNOUNCEMENT IS DIRECTED ATAND IS ONLYBEING DISTRIBUTED IN THE UNITED KINGDOM TO (I) PERSONS WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS FALLING WITHINARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE ORDER), (II) HIGH NET WORTH ENTITIES,AND OTHER PERSONS TO WHOM IT MAYOTHERWISE LAWFULLYBE COMMUNICATED FALLING WITHINARTICLE 49 OF THE ORDER,AND (III) PERSONS TO WHOM IT MAYOTHERWISE LAWFULLYBE COMMUNICATED (ALL SUCH PERSONS TOGETHER BEING REFERRED TOAS RELEVANT PERSONS). THIS COMMUNICATION MUST NOT BE READ,ACTED ON OR RELIED ON BYPERSONS WHOARE NOT RELEVANT PERSONS.ANYINVESTMENT OR INVESTMENTACTIVITYTO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLYTO RELEVANT PERSONS AND WILL BE ENGAGED IN ONLYWITH RELEVANT PERSONS.

IN MEMBER STATES OF THE EUROPEAN ECONOMIC AREA (EEA), THIS ANNOUNCEMENTAND ANYOFFER IF MADE SUBSEQUENTLYIS DIRECTED ONLYAT PERSONS WHOARE 'QUALIFIED INVESTORS' WITHIN THE MEANING OF ARTICLE 2(1)(E) OF DIRECTIVE 2003/71/EC,AS AMENDED (THE PROSPECTUS DIRECTIVE) (QUALIFIED INVESTORS). ANYPERSON IN THE EEA WHOACQUIRES THE SECURITIES INANYOFFER (AN INVESTOR) OR TO WHOM ANYOFFER OF THE SECURITIES IS MADE WILL BE DEEMED TO HAVE REPRESENTED AND AGREED THAT IT IS A QUALIFIED INVESTOR.ANYINVESTOR WILLALSO BE DEEMED TO HAVE REPRESENTED AND AGREED THATANYSECURITIES ACQUIRED BYIT IN THE OFFER HAVE NOT BEENACQUIRED ON BEHALF OF PERSONS IN THE EEA OTHER THAN QUALIFIED INVESTORS, NOR HAVE THE SECURITIES BEENACQUIRED WITHA VIEW TO THEIR OFFER OR RESALE IN THE EEA TO PERSONS WHERE THIS WOULD RESULT INA REQUIREMENT FOR PUBLICATION BYAROUNDTOWN OR ANYOF THE MANAGERS OF A PROSPECTUS PURSUANT TOARTICLE 3 OF THE PROSPECTUS DIRECTIVE.

THIS ANNOUNCEMENT MAYCONTAIN PROJECTIONS OR ESTIMATES RELATING TO PLANS AND OBJECTIVES RELATING TO OUR FUTURE OPERATIONS, PRODUCTS, OR SERVICES, FUTURE FINANCIAL RESULTS, OR ASSUMPTIONS UNDERLYING OR RELATING TOANYSUCH STATEMENTS, EACH OF WHICH CONSTITUTES A FORWARD-LOOKING STATEMENT SUBJECT TO RISKS AND UNCERTAINTIES, MANYOF WHICHARE BEYOND THE CONTROLOF AROUNDTOWN PROPERTYHOLDINGS PLC.ACTUAL RESULTS COULD DIFFER MATERIALLY, DEPENDING ONA NUMBER OF FACTORS.

The EQS Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg

Language:	English
Company:	Aroundtown Property Holdings Plc.
	Faros, Shop 2, Spyros Thalassines Alkyonides
	7560 Larnaca
	Cyprus
Internet:	www.aroundtownholdings.com
ISIN:	XS1151498737
WKN:	A1ZTVA
Listed:	Regulated Unofficial Market in Berlin, Stuttgart; Open Market in Frankfurt; Paris
Category Code:MSCL
TIDM:	IRSH
Sequence No.: 3964

End ofAnnouncementEQS News Service