Montea N.V. — Capital/Financing Update 2014

May 20, 2014

REGULATED INFORMATION UNDER EMBARGO UNTIL 20/05/2014 – 5.45 PM

MONTEA REALIZES A SUCCESSFUL PRIVATE PLACEMENT OF BONDS FOR A TOTAL AMOUNT OF EUR 30 MILLION

MONTEA CONFIRMS ITS FINANCING POSITION WITH A SUCCESSFUL PRIVATE PLACEMENT OF BONDS FOR A TOTAL AMOUNT OF EUR 30 MILLION

• TERM OF 7 YEARS WITH A MATURITY IN 2021
• GROSS YIELD OF 3.355%

Successful private placement of EUR 30 million

In its press release of 15 May 2014, Montea Comm.VA/SCA announced an issue of bonds through a private placement, with a subscription period which started on 20 May 2014 and ending on 23 May 2014.

Montea proceeded to the early successful closing of the private placement for a total amount of EUR 30,000,000 thanks to the significant over-subscription during the first day. The bonds have a 7-year term, are due 28 May 2021, and bear a fixed annual gross yield of 3.355%. The issue price of the bonds was equal to their nominal amount, being EUR 100,000.

The bonds were placed with institutional investors. Bank Degroof and Belfius Bank acted as Joint Lead Managers.

Montea filed a listing prospectus with the Financial Markets and Services Authority for the purpose of the admission to trading of the bonds on the regulated market of Euronext Brussels. Subject to the approval of the listing prospectus by the FSMA, Montea intends to have the bonds being admitted to trading on Euronext Brussels as from 28 May 2014.

Support of the further growth of the portfolio and diversification of the finance sources

The net proceeds of the bond issue will be used a.o. for the further growth of the portfolio and contribute to the diversification of the financing sources. With a 7-year term, the bonds also contribute to the increase of the average term of the total debt.

As announced in the press release of 15 May 2014, Montea is also considering a capital increase of approximately EUR 50 million, through the issue of shares with preferential subscription right.

"Controlling the financial costs and diversifying its funding sources is very important to REITs", says Peter Verlinde, CFO at Montea. "The fact that this second bond issue has been closed early, is an important signal of the faith investors have in Montea's growth"

Gross dividend of EUR 1.97 per share

The annual general meeting of today approved the payment of a gross dividend per share of EUR 1.97 over financial year 2013.

ABOUT MONTEA "SPACE FOR GROWTH"

Montea Comm. VA is a public property investment trust established under Belgian law (Sicafi – SIIC), specialising in logistics and semiindustrial property in the Benelux and France. The company is a leading player in this market. Montea literally offers its clients room to grow through flexible and innovative property solutions. This enables Montea to create value for its shareholders. As of 31/03/2014, Montea's property portfolio represented total floor space of 619,093 m², spread across 37 locations. Montea Comm. VA has been listed on NYSE Euronext Brussels (MONT) and Paris (MONTP) since the end of 2006.

MEDIA CONTACT FOR MORE INFORMATION

Jo De Wolf +32 53 82 62 62 jo.dewolf@montea.com