CpiFim

Share Issue/Capital Change • Jan 27, 2011

Orco Property Group S.A. – Admission to trading of 2,020,000 shares issued in April 2010 capital increases on the regulated market of NYSE Euronext in Paris.

Press Release of 27 January 2011 - (11:30 CET); Regulatory Information (*)

Orco Property Group (the "Company") announces that further to the approval of the Prospectus by the Luxembourg Commission de Surveillance du Secteur Financier on 24 January 2011 and passporting of the Prospectus with the French Autorité des marchés financiers on 25 January 2011 (please refer to the Company's press release published on 25 April 2011), NYSE Euronext Paris admitted the 2,020,000 ordinary shares of the Company issued in April 2010 to trading on the regulated market of NYSE Euronext in Paris as of 28 January 2011.

Luxembourg, 27 January 2011

(*) (Law of 11 January 2008 and Regulation of the Grand-Duchy of 11 January 2008 relating to the transparency obligations of issuers of securities)