PR Newswire/Les Echos/

Paris, 17 July 2009, 8:00 a.m.

           Appointment of the Head of Development and Strategy

Cyril Aulagnon is appointed Head of Development and Strategy for the Affine
Group and will report to the Group's general management. His main role will be
to define the Group's strategy concerning asset management, financial policy and
resources allocation.

Graduated from "HEC" business school, from the Sorbonne and from Paris Dauphine,
Cyril Aulagnon began his professional career in 2005 at BNP Paribas in New York
before joining the Affine Group in 2007. Until now he has been the Deputy
General Manager of Concerto Développement, the Group's logistics property
development subsidiary.

About the Affine Group:

The Affine group is structured around three property companies:

- Affine, a property company with French REIT (SIIC) status listed on NYSE
  Euronext Paris, operates as an investor (offices, warehouses, stores) 
  throughout France. It is also a credit institution in respect of its financial
  leasing business. The Affine share is included in the SBF 250 (CAC Small 90),
  SIIC IEIF and EPRA indices. As of 31 December 2008, its market capitalisation
  represents approximately EUR105 million and its rental properties are 
  estimated at EUR616 million.

- Banimmo, a Belgian property company listed on NYSE Euronext Brussels and
  Paris, is controlled by Affine (50%) and the company's management (28.4%). It
  is dedicated to renovating and repositioning buildings in Belgium, France and
  Luxembourg. As of 31 December 2008, its market capitalisation is around EUR170
  million and its assets are estimated at EUR288 million.

- AffiParis is a French REIT (SIIC) listed on NYSE Euronext Paris, and
  specialised in commercial property in Paris. As of 31 December 2008, its stock
  market capitalisation is EUR26 million and the value of its assets stands at
  EUR236 million.
The group also has subsidiaries specialised in logistics engineering (Concerto
Développement) and property development (Promaffine).

CONTACTS 

CITIGATE DEWE ROGERSON: Nicolas Castex - Agnès Villeret
Tel. + 33 (0) 1 53 32 78 88/95 - nicolas.castex@citigate.fr or
agnes.villeret@citigate.fr

AFFINE: Maryse Aulagnon - Alain Chaussard 
Tel. + 33 (0) 1 44 90 43 10 - info@affine.fr

Frank Lutz - Financial Communication Manager
Tel. + 33 (0) 1 44 90 43 53 - frank.lutz@affine.fr

Société anonyme au capital de 47 800 000 Euros - Siège social : 4 square
Edouard VII, 75009 PARIS
Tél. : 01 44 90 43 00 - Télécopieur : 01 44 90 01 48 - Email : info@affine.fr
       712 048 735 RCS Paris - N° TVA intracommunautaire FR92712048735
                      
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