Aroundtown S.A. — Capital/Financing Update 2017

Oct 20, 2017

Aroundtown SA (IRSH)

20-Oct-2017 / 08:02 CET/CEST

Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. 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,AUSTRALIA, CANADA, JAPAN, SOUTHAFRICAORANYOTHER JURISDICTION WHERE TODOSO WOULD CONSTITUTEAVIOLATION OFAPPLICABLE LAWS OR REGULATIONS

Disclosure of inside information according toArticle 17 MAR

AROUNDTOWN SAANNOUNCES SUCCESSFUL PLACEMENT OF 75 MILLION NEW SHARES FROM CAPITAL INCREASE, RESULTINGIN EUR450 MILLION GROSS PROCEEDS

Grand Duchy of Luxembourg, 20 October 2017, 08:00 CEST

Following an accelerated book building process on 19 October 2017,Aroundtown SA ('Aroundtown' or the 'Company') will increase the Company's total share capital from EUR 8,726,064.20 by EUR 750,000 to EUR 9,476,064.20 through the issue of 75 million shares (the 'New Shares'). The offer price per New Share was fixed at EUR 6, resulting in EUR 450 million gross proceeds. The New Shares were successfully placed by way of private placement.

The Company intends to use the net proceeds from the capital increase primarily to fund the Company's growth strategy.

About the Company

Aroundtown SA (trading symbol:AT1 on the regulated market (Prime Standard) of the Frankfurt Stock Exchange) is a specialist real estate company with a focus on value-add and income generating properties primarily in the German/NL real estate markets. Aroundtown SA (ISIN: LU1673108939) is a public limited liability company (société anonyme) established under the laws of the Grand Duchy of Luxembourg, registered with the Luxembourg Trade and Companies Register (Registre de Commerce et des Sociétés Luxembourg) under number B217868, having its registered office at 1,Avenue du Bois, L-1251 Luxembourg, Grand Duchy of Luxembourg.

Contact

Timothy Wright T: +352 285 7741 E: info@aroundtownholdings.com www.aroundtownholdings.com

Disclaimer

This announcement may not be published, distributed or transmitted, directly or indirectly, in the United States (including its territories and possessions), Canada,Australia or Japan or any other jurisdiction where such an announcement would be unlawful, or to, or for the benefit of, U.S. Persons. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein should inform themselves about and observe any such restriction.Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This publication does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities ofAroundtown in the United States, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. The securities ofAroundtown may not be offered or sold in the United States or to, or for the benefit of, U.S. Persons, absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the 'SecuritiesAct'). The securities ofAroundtown have not been, and will not be, registered under the Securities Act. This publication is not an extension of an offer in the United States for securities ofAroundtown.An offer for the sale of Convertible Bonds is not being made within the United States or to, or for the account or benefit of, persons located or resident in the United States or to, or for the benefit of, U.S. Persons.

In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling withinArticle 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the 'Order') or (ii) are persons falling withinArticle 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as 'Relevant Persons'). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons.Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

In member states of the European Economic Area ('EEA') which have implemented the Prospectus Directive (each, a 'Relevant

Member State'), this announcement and any offer if made subsequently is directed exclusively at persons who are 'qualified investors' within the meaning of the Prospectus Directive ('Qualified Investors'). For these purposes, the expression 'Prospectus Directive' means Directive 2003/71/EC as amended, including by Directive 2010/73/EU, and includes any relevant implementing measure in the Relevant Member State and the expression '2010 PDAmending Directive' means Directive 2010/73/EU.

No action has been taken that would permit an offering of the securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

This information contains forward-looking statements that are based upon current views and assumptions of the Aroundtown management, which were made to its best knowledge. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors which could cause the earnings position, profitability, performance or the results ofAroundtown or the success of the housing industry to differ materially from the earnings position, profitability, performance or the results expressly or implicitly assumed or described in these forward-looking statements. In consideration of these risks, uncertainties and other factors, persons receiving these documents are advised not to unreasonably rely on these forward-looking statements. Aroundtown does not assume any obligation to update such forward-looking statements and to adjust them to any future results and developments.

ISIN: LU1673108939, XS1508392625, XS1227093611, XS1336607715, XS1403685636, XS1449707055, XS1532877757, XS1540071724, XS1586386739, XS1649193403, XS1634523754 Category Code:IOE TIDM: IRSH LEICode: 529900H4DWG3KWMBMQ39 OAM Categories: 2.2. Inside information Sequence No.: 4764

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