Press Release

Paris, 2 December 2013

Icade sells to KlÄpierre its stake in Odysseum retail centre in Montpellier

Icade and KlÄpierre have reached an agreement whereby KlÄpierre is buying out Icade's 50% stake in the
Odysseum shopping and leisure centre in Montpellier.
Opened in 2009, located just 15 minutes from Montpellier town centre and served by the city's tram network, this open air shopping and leisure centre houses more than 120 boutiques and restaurants over more than 50,000 mÅ.
With this transaction, Icade is consolidating its strategy of refocussing its attention on offices and business parks in the Ile-de-France region. KlÄpierre becomes the sole owner of this major regional shopping centre, which it also manages.

About Icade:

Icade is a listed company, a subsidiary of the Caisse des DÄpÇts and a major player in Greater Paris. Its expertise
in the various real-estate professions (investment, property development and services) allows it to provide comprehensive, sustainable and innovative solutions that are tailored to customer needs and the challenges of tomorrow's cities.

Contact:

Marianne de Battisti - Member of the Executive Committee, Head of Key Accounts, Institutional Relations and
Communication +33 (0)1 4157 7030 - marianne.de.battisti@icade.fr

About KlÄpierre:

A leading shopping center property company in Europe, KlÄpierre combines development, rental, property and asset management skills.
Its portfolio is valued at 16.2 billion euros on June 30, 2013 and essentially comprises large shopping centers in 13
countries of Continental Europe. KlÄpierre holds a controlling stake in Steen & StrÖm (56.1%), Scandinavia's number one shopping center owner and manager.
KlÄpierre's largest shareholders are Simon Property Group (28.9%), world leader in the shopping center industry, and BNP Paribas (21.9%).
KlÄpierre is a French REIT (SIIC) listed on Euronext ParisTM and is included into the SBF 80, EPRA Euro Zone
and GPR 250 indexes. KlÄpierre is also included in several ethical indexes - DJSI World and Europe, FTSE4Good, STOXXÜ Global ESG Leaders, ASPI Euro Zone, Euronext Vigeo Eurozone 120 - and is a member of both Ethibel Excellence and Ethibel Pioneer investment registers. KlÄpierre is also ranked as a Green Star by GRESB (Global Real Estate Sustainability Benchmark). These distinctions mark the Group's commitment to a voluntary sustainable development policy.
For more information, visit our website: www.klepierre.com

CONTACT

Vanessa Fricano - Head of Investor Relations and Financial Information +33 (0)1 4067 5224 -
vanessa.fricano@klepierre.com
Isabelle Laurent (Press Relations) - +33 (0)1 5332 6151 - isabelle.laurent@ddbfinancial.fr

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