NSI N.V.

M&A Activity • Mar 10, 2008

PRESSRELEASE

investment volume of approx. E143 million Nieuwe Steen Investments acquires a portfolio with an

Randstad, the highly urbanised western part of the Netherlands. The total investment comprises more than 73,000 m² of office and retail space, including 75% located in the available portfolio finances. expected to be completed towards the end of March 2008 and will be paid for out of the total E11.2 million. Half the portfolio is leased to government agencies. The acquisition is comes to $\epsilon$ 143 million (exclusive of purchase fees) and the rent revenues of the portfolio HOORN - Nieuwe Steen Investments n.v. has reached agreement with Stichting Philips Persionals of the sequisition of equation of the Netterlands. The Dortojion

the building is rented by an operator of car parks and the rentable floor space of 2,464 m² and 18 investment can be regarded as new parking spaces bring in rents totalling $60.4$ million per year. A thorough renovation means the An historic office building (1900) has been acquired on Koninginnegracht in The Hague. Most of

provider. motorway. The building has a rentable floor space of 14,690 m² plus 367 parking spaces. The office space is completely rented out for $\epsilon$ 2.6 million, mostly to Imtech, a technical service An impressive office building (2002) has been acquired in The Hague alongside the A4

building for $\epsilon$ 1.0 million per year. near the city's central railway station. Government agencies and a firm of lawyers rent the entire floor space of 5,594 m² with room for 45 cars in an underground car park. The building is located A modern office building (2004) on Burgemeester De Raadtsingel in Dordrecht has a rentable

6594 m² and is rented mostly by Hewitt. At present 9% of this building is vacant. An office building (1988) acquired on Beukenlaan in Eindhoven has a rentable floor space of

park. investment are its location at the heart of Eindhoven's shopping district and its good accessibility Government Buildings Department for use by various government agencies. The shops are rented which there is office accommodation $(7,754 \text{ m}^2)$ , plus 299 parking spaces in an underground car by public transport. out to eight tenants, including Kijkshop, Hans Anders and Scapino. Attractive features of this In the centre of Eindhoven, Nieuwe Steen Investments has acquired retail space $(3,025 \text{ m}^2)$ above Keizersgracht is completely rented for €1.8 million per year. The office space is rented by the The building (1980) is still encumbered with a preferential right. The property on

are 10 different tenants. At present 21% of the building is vacant acquired in Leiden close to the A4 motorway. Total annual rent comes to $\epsilon 0.5$ million and there An office building (1989) on Haagse Schouwweg (4,237 m² and 78 car parking spaces) has been

Fax: 0229 23 13 72 Tel: 0229 29 50 50 E-mail: info@nsi.nl Nieuwe Steen 27 Rabobank Hoorn 1620 HC Hoorn Postbus 4145

nr. 16.14.17.272 K.v.k. te Hoorn

nr. 36.040.044

In the centre of Rotterdam, near the Erasmus Bridge, Nieuwe Steen Investments has acquired shops $(3,447 \text{ m}^2)$ with offices $(17,664 \text{ m}^2)$ above them on Vasteland, complete with 135 parking spaces in the underground office space is rented by the Municipality of Rotterdam and the retail space by 11 different renovated in 2001. tenants, including Albert Heijn and Schmidt Zeevis. This impressive property was completely

currently rented out. Nieuwe Steen Investments has purchased an office building (1994) on Engelandlaan in Zoetermeer. The building has a rentable floor space of 2811 $m^2$ , of which approximately half is

The spread of the real estate portfolio after these acquisitions will be: offices 52%, shops 42%, commercial buildings 5% and residential dwellings 1%.

term interests of our shareholders. From the moment of acquisition the investments will contribute to the direct investment result per share" quality of the properties means they will generate sustained cash flows that will assure the longprofile of Nieuwe Steen Investments and will help achieve our ambitious growth targets. The Anka Reijnen, CEO of the Nieuwe Steen Investments board, said "These investments fit the

Nieuwe Steen Investments with legal advice assisted Nieuwe Steen Investments in making these purchases and Houthoff Buruma provided The seller was assisted by CB Richard Ellis and Loyens & Loeff. EPAC Property Counselors

Hoorn, 10 March 2008

Nieuwe Steen 27

Postbus 4145

R.J.J.M. Storms, Director J.J.M. Reijnen, CEO For further information contact:

nr. 36.040.044 K.v.k. te Hoorn

16.14.17.272

Иľ. Rabobank Hoorn

Fax: 0229 23 13 72 Tel: 0229 29 50 50 E-mail: info@nsi.nl 1620 HC Hoorn

Keizersgracht in Eindhoven