PR Newswire/Les Echos/ Paris, 28 June 2010, 6:00 p.m. Bonus dividend payment Taking account of the les uncertain development perspectives of the property market, Affine will propose to a forthcoming General Meeting that a vote be held after the summer of 2010 on a bonus dividend of EUR4.7m (i.e. EUR0.58 per share) from the balance carried forward. This exceptional dividend will allow Affine to meet its compulsory distribution requirements for 2008 and 2009 resulting from its dual status as SIIC (French REIT) and ex SICOMI (lease finance credit institution). This will be added to the dividend of EUR9.7m already voted by the General Meeting of 23 April 2010 and distributed 17 May 2010, thus taking the total dividend voted in 2010 to EUR14.5m (i.e. EUR1.78 per share). After a precautionary reduced dividend in 2009 (EUR8.1m), the 2010 distribution makes it possible to continue the trend begun over previous years: EUR12.1m in 2007 and EUR13.4m in 2008. Due to the planned payment of this bonus dividend in October 2010, no interim dividend will be paid this year for the 2010 financial year. The theoretical amount of compulsory distributions from capital gain on disposals made in 2009 and which must be distributed before 31 December 2011 totals EUR10.3m. (in Euros) Distribution origin Base Compulsory Year of Payment Minimum 2010 2011 Balance of capital gain on property disposals in 2008 7,846,430 - Capital gain on property disposals in 2009 20,699,632 10,349,816 - 10,349,816 Dividends of subsidiaries having opted for SIIC status 6,389,674 6,389,674 6,389,674 As a reminder: distribution of ex-Sicomi earnings 221,284 Total dividend voted in 2010 14,457,388 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, acts as an investor (offices, warehouses, retail space) throughout France; it is also a credit institution due to its leasing activities. Affine shares are included in the SBF 250 (CAC Small 90), SIIC IEIF and EPRA indexes. As at 31 December 2009, its market capitalisation was approximately EUR132 million and its property portfolio was valued at EUR630 million, transfer taxes included. - Banimmo, a Belgian real estate company listed on NYSE Euronext Brussels and Paris, is owned by Affine (50%) and the company's management (28.8%). It is primarily engaged in repositioning and renovating buildings in Belgium, France and Luxembourg. As at 31 December 2009, its market capitalisation was about EUR172 million and its assets were estimated at EUR340 million including transfer taxes, with rental properties representing EUR240 million. - AffiParis, a French REIT (SIIC) listed on NYSE Euronext Paris, specialising in commercial property in Paris. As at 31 December 2009, its market capitalisation was EUR23 million and the value of its assets was EUR219 million including transfer taxes. The Group also has various subsidiaries, including Concerto Développement, which specialises in logistics engineering. CONTACTS CITIGATE DEWE ROGERSON: Agnès Villeret Tel. + 33(0)1 53 32 78 95 - agnes.villeret@citigate.fr AFFINE: Maryse Aulagnon - Alain Chaussard Tel. + 33(0)1 44 90 43 10 - info@affine.fr Frank Lutz - Manager, Financial Communication & Investor Relations Tel. + 33(0) 1 44 90 43 53 - frank.lutz@affine.fr A French société anonyme with share capital of EUR47,800,000 - Registered Office: 4 square Edouard VII, 75009 PARIS Tel: 33 (0)1 44 90 43 00 - Fax: 33 (0)1 44 90 01 48 - E-mail address: info@affine.fr 712 048 735 RCS Paris - Intracommunity VAT no. FR92712048735 The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.
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