Mercialys — M&A Activity 2015

Jul 16, 2015

PRESS RELEASE

Paris, July 16, 2015

MERCIALYS FURTHER STRENGTHENS ITS COMMERCIAL OFFERING BY SIGNING UP 35,500 SQ.M OF SPECIALIZED MID-SIZE STORES

In line with its strategy to further strengthen and diversify the offering available at its sites, Mercialys is announcing the arrival of around 15 leading retailers with mid-size stores in its portfolio.

The contracts signed will lead to the creation of 35,500 sq.m of major new retail outlets within the portfolio. Mercialys is continuing to demonstrate its agility in transforming its shopping centers, offering retailers units that are tailored to their needs.

With its extensive portfolio of shopping malls throughout France, Mercialys offers numerous development opportunities for retailers.

Examples include H&M, which will be increasing the size of three of its stores and opening four new sales outlets.

Boulanger and La Grande Récré will be setting up at the Espace Fenouillet retail park, north of Toulouse, with their openings scheduled for October and November 2015.

Openings for the other mid-size stores will run from the end of 2015 to late 2017, depending on the sites.

In line with the company's development strategy, which aims to renew and further strengthen its assets, the continued arrival of mid-size stores with a diverse cultural, leisure, fashion, high-tech and home improvement offering is confirming the appeal of Mercialys' malls.

* * *

This press release is available on www.mercialys.com

Contact analystes / investisseurs : Contact presse: Elizabeth BLAISE Communication Tél : + 33(0)1 53 65 64 44 Tél : + 33(0)1 53 65 24 78

About Mercialys

Mercialys is one of France's leading real estate companies, focused exclusively on retail property. At December 31, 2014, Mercialys had a portfolio of 2,278 leases, representing a rental value of 151.6 million euros on an annualized basis.

At December 31, 2014, it owned properties with an estimated value of 2.9 billion euros (including transfer taxes). Mercialys has had "SIIC" real estate investment trust (REIT) tax status since November 1, 2005 and has been listed on Euronext Paris Compartment A (ticker: MERY) since its initial public offering on October 12, 2005. At December 31, 2014, there were 92,049,169 shares outstanding.

IMPORTANT INFORMATION

This press release contains certain forward-looking statements about future events, trends, projects or targets.

These forward-looking statements are subject to identified and unidentified risks and uncertainties that could cause actual results to differ materially from the results anticipated in the forward-looking statements. Please refer to the Mercialys shelf registration document available at www.mercialys.com for the year to December 31, 2014 for more details regarding certain factors, risks and uncertainties that could affect Mercialys' business.

Mercialys makes no undertaking in any form to publish updates or adjustments to these forward-looking statements, nor to report new information, new future events or any other circumstances that might cause these statements to be revised.