PR Newswire/Les Echos/

Media Release

Paris, 19 July 2010

Consolidated sales for 1st quarter 2010/2011 Financial Year: EUR6.4 million

Züblin Immobilière France today announced its consolidated sales(1) for the
1st quarter of its 2009/2010 financial year (from 01.04.10 to 30.06.10) of
EUR6.4 million, out of which rents amounted to EUR5.9 million.

Sales by quarter

In million of euros                            2010/2011  2009/2010  Var.(%)
First quarter (01.04 - 30.06).................... 6.4        6.7     -4.5%
3 months total....................................6.4        6.7     -4.5%

Compared to the same period in the previous Financial Year 2009/2010, first
quarter consolidated sales (amounting to EUR6.4m) were down 4.5% mostly due to
the decrease of the financial occupancy rate over the 12 months period ending
30.06.10. As of 30.06.10 the financial occupancy rate stood at 94.1%, unchanged
compared to 3 1.03.10.

For more information

Eric Berlizon, CFO, Züblin Immobilière France
52, rue de la Victoire, 75009 Paris
Tel. +33 (0)1 40 82 72 40, info@zueblin.fr
More information can be found on our website www.zueblin.fr

Steve Grobet, Dusan Oresansky, NewCap., Financial communication
Tel. +33 (0)1 44 71 94 94, Fax +33 (0)1 44 71 94 90, Email zueblin@newcap.fr

(1) Consolidated sales encompass gross rental income as stated in IFRS financial
statements + service charges invoiced to the tenants

A brief outline of Züblin Immobilière France

Züblin Immobilière France is a listed property company, which has elected for
REIT status (SIIC status). The company invests in office properties, and its
real estate in France consists of 8 office buildings in Paris area, Lyon and
Marseille.
Shares of Züblin Immobilière France trade on compartment C of Euronext Paris
market of Nyse Euronext - ISIN: FR0010298901

This press release is not intended as an offer or a solicitation to buy Züblin
Immobilière France shares in the United States of America nor any other country
where such an offer would be in breach of applicable laws and regulations.
Züblin Immobilière France shares have not been, and will not be, registered
under the United States Securities Act of 1933, as amended. Züblin Immobilière
France does not intend to register Züblin Immobilière France shares under the
US Securities Act of 1933 or to offer these shares for sale in the United States
of America.
The shares are only available and may only be offered to or issued to those
relevant persons who are legally authorised, and any offer, solicitation or
agreement in view of a purchase of existing shares or an application for new
shares can only be carried out with those who are legally entitled to do so.
Other persons should not act or rely on this press release. This document or any
other document related to the company should only be distributed in accordance
with the conditions above.
This document does not constitute an offer to sell or the solicitation of an
offer to invest.
Distribution of this press statement in some countries can be a violation of
applicable legislation.

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the United Kingdom, Canada, Italy, Australia or Japan.
                      
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