Montea N.V.

Board/Management Information • Jan 18, 2010

Frédéric Sohet leaves Montea for new challenge

Objectives and strategy are re-confirmed

Dirk De Pauw ensures continuity as interim CEO

Aalst, 18 January 2010 – MONTEA (NYSE Euronext/MONT/MONTP) announces today that, after 3 years as CEO at the head of Montea, Frédéric Sohet has decided to leave the company for a new challenge. The change of management will not alter the objectives and the strategic course of Montea in any way.

Frédéric Sohet will continue to work at Montea until mid February to ensure a smooth transition. With a view to optimum continuity, the Board of Directors has decided1 to appoint DDP Management BVBA, represented by Dirk De Pauw, co-founder of Montea, as interim CEO. Dirk De Pauw, as chairman of the investment committee and representative for business development in France, is closely involved in the activities and development of Montea. It is a temporary appointment until a successor can be found for Frédéric Sohet.

Gerard Van Acker, chairman of Montea's Board of Directors, said: "We would like to thank Frédéric sincerely for the important role he has played over recent years in the success and further development of Montea. We confirm that Dirk De Pauw will continue to strive for the same growth objectives and will maintain our strategic course".

ABOUT MONTEA "MORE THAN WAREHOUSES"

Montea Comm. VA is an investment company with fixed capital (Sicafi – SIIC), specialising in logistics and semi-industrial property in Belgium and France. The company aims to become a reference player in this market in the near future. Montea offers more than just storage places and aims to provide flexible, innovative property solutions to its lessees. This is how it will create value for its shareholders. As of 30/09/2009, the company's portolio extended to 380,740 m², distributed over 33 locations. Since the end of 2006, Montea Comm. VA has been listed on NYSE Euronext Brussel (MONT) and Paris (MONTP).

PRESS CONTACT

Joris Bulteel Whyte Corporate Affairs +32 2 738 06 21 JB@whyte.be

FOR MORE INFORMATION

www.montea.com

1 Subject to the CBFA's approval.