Klepierre SA announced that its supervisory board on March 14, 2012 during the meeting acknowledged the resignation of Mr. Michel CLAIR as member and chairman of the supervisory board as well as the resignations of Mr. Dominique HOENN and Mr. Philippe THEL as members of the supervisory board. Mr. David SIMON was appointed, by cooptation, as member and chairman of the supervisory board and Mr. Francois KAYAT and Mr. Steven FIVEL were appointed, by cooptation, as members of the supervisory board.