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Covivio Share Issue/Capital Change 2011

Jan 10, 2011

1222_dva_2011-01-10_50a532c0-424c-4936-ba06-454933e08ee4.pdf

Share Issue/Capital Change

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Press Release

Paris, 10 January 2011

Foncière des Régions further strengthens its capital by €200 million following the exercised of circa all the equity warrants outstanding

Foncière des Régions has further strengthened its capital by €199,7 million to 98.8% of the equity warrants (FR0010827378) being exercised, whose subscription period has started on 1 January 2010 and ending December 31, 2010.

In December 2009, Foncière des Régions had freelyawarded these equity warrants to Foncière des Régions shareholders (1 equity warrant for each Foncière des Régions share). This allocation had accompanied the acquisition of a portfolio of five buildings owned by Groupama and Prédica and paid for with new Foncière des Régions shares.

Accordingly, 3,106,584 new shares were created after the operation bringing the total number of shares outstanding at 54 924 973.

Financial schedule:

31 January 2011: General meeting

22 February 2011: Publication of 2010 full-year earnings

Investor Relations Philippe Le Trung Tel: + 33 (0)1 58 97 52 04 [email protected] Press Relations Philippe Boyer Tel: + 33 (0)1 58 97 52 23 [email protected]

About Foncière des Régions

Foncière des Régions, real estate partner

Foncière des Régions 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 Systèmes,

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), Foncière des Régions successfully operates its business model as a real estate partner in various business sectors (logistics, business premises, etc…).

Foncière des Régions is listed on Euronext Paris Compartment A (FR0000064578 - FDR) and admitted to the DSS. Foncière des Régions shares are a component of MSCI, SBF 120, Euronext IEIF "SIIC France" index, the CAD Mid100 as well as other European real estate indices including EPRA and the GPR 250.

Key figures at the end of June 2010

€8.6bn assets (Group share)

337 staff in France

To learn more: www.foncieredesregions.fr