UPDATE ON BOND BUYBACK

Ad hoc announcement - Jersey, 29 April 2014. Atrium European Real Estate Limited (VSE/Euronext: ATRS) ("Atrium"), a leading owner, operator and developer of retail real estate and shopping centres in Central and Eastern Europe, announces that, further to the statement made in its announcement of 12 March 2014 regarding authorization for the repurchase of any and all of the outstanding bonds which were issued in 2005 and are due in 2015, it has repurchased notes with a nominal value of €20.45 million from the ISIN: AT0000496641 tranche.

For further information: FTI Consulting Inc: +44 (0)20 3727 1000

Richard Sunderland

Will Henderson

Nick Taylor richard.sunderland@fticonsulting.com

This ad hoc announcement appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security. Atrium is established as a closed-end investment company domiciled in Jersey. Atrium is registered with the Dutch Authority for the Financial Markets as a collective investment scheme which may offer participations in The Netherlands pursuant to article 2:66 of the Financial Supervision Act (Wet op het financieel toezicht). All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.

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