PR Newswire/Les Echos/
 
                          ?                                                 Paris, 14 November 2008, 5:45 
pm CET



                    Quarterly information as at 30 September 2008



1) CONSOLIDATED TURNOVER (NINE MONTHS)           
BREAKDOWN                                        01/01/2008             01/01/2007               Change
                                                     to                     to                     %
In millions of euros                             30/09/2008             30/09/2007
Investment property                                     61.2                   59.2                   +8.9%
Lease finance                                           22.2                   25.1                   -11.4%
Property development                                     3.3                    6.9                   -53.1%
Business centres                                         6.2                    5.7                   +8.7%
Other                                                    7.5                    7.5                     0.0%


For the first nine months of the year, the Group's turnover stands at €100.4 
million, virtually stable in comparison to the previous year.

Investment property
Turnover from investment property rose significantly (8.9%), particularly due 
to the increased rental revenue and the acquisitions made in the first half of 
the year.

During this 3rd quarter, Affine undertook the acquisition of a commercial 
complex under construction covering 18,000 square metres in the centre of Nevers
, scheduled for delivery in 2010. In addition, two leases were renewed and ten 
new ones came into effect, representing total annual rental revenue of €1,053,
000.

In the 3rd quarter, AffiParis signed four new leases representing total annual 
rental revenue of €113,000 and almost doubled its rental figures for the first 
nine months of the year.

Banimmo achieved significantly increased rental revenue (up by 21.8%) and has 
continued its investments in businesses located in the Paris region as well as 
the completion of a building for future use by Mobistar.

       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

Finance leases
Over the 3rd quarter 2008, seven options were exercised, including two which 
were exercised in advance, within the scope of the lease financing activities 
carried out by Affine as a credit institution.

The drop in turnover is continuing, due to the amortisation of existing 
operations and the low number of new operations planned.

Property development
Excluding Abcd, turnover increased by 9% in the first 9 months of the year.
The sale of Abcd by Affine in February 2008 explains the lower turnover figures 
both for the 3rd quarter (down 15%) and the whole 9 months (down 53.1%) when 
compared to the previous financial year.
Concerto Développement delivered a platform covering 42,000 square metres in 
Hem (France) to Logiffine, the joint venture set up with MGPA. In Spain, the 
Alcala building (9,000 sqm) was delivered to its purchaser.

Business centres
The turnover of BFI business centres increased 8.7%. During this quarter, BFI 
won the bid for the business centre that ADP is planning to open in Roissy-
Charles de Gaulle.

2) SIGNIFICANT EVENTS
   ?   16 September 2008: Affine announced the acquisition of a commercial 
complex under construction in the centre of Nevers (France).

3) FINANCIAL SITUATION AS AT 30 SEPTEMBER 2008
There were no significant changes in the Group's financial structure in 
comparison with 30 June 2008. The Group has secured its current cash 
requirements without making use of the credit lines available to the Group for 
the 2009 financial year, a year in which there are no outstandings due to reach 
final maturity.
Total consolidated turnover                             100.4                   101.4                - 1.0%
<1> BREAKDOWN                                       3rd quarter              3rd quarte              Change
In millions of euros                              2008                      2007                    %
Investment property                                   21.3                      21.8              - 2.3 %
Lease finance                                          9.0                       9.9              - 9.0 %
Property development                                   0.4                       4.8              - 91.7%
Business centres                                       2.0                       2.0                0.0 %
Other                                                  0.6                       0.8              - 25.0 %

Total consolidated turnover                               33.3                   39.2              - 15.0 %2/3

CONSOLIDATED TURNOVER FOR THE THIRD QUARTER 2008                         

       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

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
Antoine-Pierre de Grammont, Corporate Communication Officer
Tel.: + 33 (0)1 44 90 43 53 - antoine-pierre.de-grammont@affine.
fr                                         3/3

       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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