Covivio — Major Shareholding Notification 2010

Oct 8, 2010

Release

Paris, October 8th 2010

des RÈgions fulfills the SIIQ criteria regarding shareholding

FonciËre des RÈgions sold today ²³ millions Beni Stabili shares (1.2% of the company) and owns currently 50.9% of its Italian subsidiary. The transaction has been performed by Kempen & Co at 0.6775 ^Ä per share. After the placing of the treasury shares realised in April and the exceptional distribution scheme of FonciËre

des ^RÈgions realised in July ²⁰¹⁰ (dividend of ^Ä3.3 per share plus ⁶ Beni Stabili shares), the disposal of 1.2% of Beni Stabili enables FonciËre des RÈgions to fulfil^l the SIIQ criteria regarding shareholding.

The SIIQ regime,that will enable Beni Stabili to be exempt of corporate tax for the rental income revenues as defined by the legislation, requires a maximum holding of 51% by a single shareholder and a 35% minimum freefloat. The two requirements are now fully met.

Relations Philippe Le Trung Tel: + 33 1 58 97 52 04 philippe.letrung@fdr.fr ^SÈbastien Bonneton

Tel: + 33 1 58 97 52 44 sebastien.bonneton@fdr.fr

Relations Philippe Boyer Tel: + 33 1 58 97 52 23 philippe.boyer@fdr.fr

FonciËre des RÈgions

des RÈgions, real estate partner

FonciËre des RÈgions is ^a major listed real estate company with unique characteristics:

Real estate company focused on offices

The real estate partner of large companies (France Telecom, EDF, Accor, Dassault SystËmes, Suez Environnement, Telecom Italia, etc)

Highly visible rental income

A continuous asset enhancement strategy (property quality and efficiency, environmental performance, etc) ^A listed real estate investment company (SIIC), FonciËre des RÈgions successfully operates its business

model as ^a real estate partner in various business sectors (logistics, business premises, etcÖ). FonciËre des RÈgions is listed on Euronext Paris Compartment ^A (FR0000064578 - FDR) and admitted to

the DSS. FonciËre des RÈgions shares are ^a component of MSCI, SBF 120, Euronext IEIF ìSIIC Franceî index, the CAD Mid100 as wellas other European real estate indices including EPRA and the GPR 250. Keyfigures at the end of June ²⁰¹⁰

^Ä8.6bn assets (Group share)

337 staff in France

FonciËre

To learn more: www.foncieredesregions.fr