EANS-News: Atrium European Real Estate Limited / APPOINTMENT OF CHIEF INVESTMENT OFFICER

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Personnel

St Helier Jersey / Channel Islands (euro adhoc) - APPOINTMENT OF
CHIEF INVESTMENT OFFICER

Jersey, 2 August, 2010: Atrium European Real Estate Limited ("Atrium"
or the "Company") (ATX/Euronext: ATRS), one of the leading real
estate companies focused on shopping centre investment, management
and development in Central and Eastern Europe, announces the
appointment of Jörg Banzhaf as Chief Investment Officer. In his role
at Atrium, Mr Banzhaf will be responsible for the management and
co-ordination of Atrium's planned investment programme as the Company
continues to seek out opportunities for growth.

With 20 years of experience in the real estate and construction
industries, for the last ten years Mr Banzhaf has concentrated on
investing in, developing and managing European shopping centres,
primarily in Central and Eastern Europe.

From 2000 to mid 2010, Mr Banzhaf worked for ECE Projektmanagement
G.m.b.H. & Co. KG ("ECE"), a European market leader in the management
and development of inner city shopping centers, his latest position
was managing director and board member. At ECE, Mr Banzhaf was
responsible for shopping mall developments in Germany, as well as
managing ongoing activities in Central and Eastern Europe.

From 1992 to 1999 Mr Banzhaf was with Arcadis Homola AG, one of the
leading German project management companies and quantity surveyors,
where he was responsible for its international subsidiaries,
including those in the Netherlands, the Czech Republic and Poland,
becoming a managing director and partner in 1996. Previously, Mr
Banzhaf worked for Philipp Holzmann AG, a leading German construction
company.

Mr Banzhaf, aged 48, has a postgraduate degree in economic studies
and a civil engineering degree from the Technical University of
Cologne. He is also member of the ICSC, ULI and a professional
advisor to Graduate School Birberach for International Real Estate
Management MBA.

Commenting on the appointment Rachel Lavine, CEO of Atrium, said: "As
we have stated previously, the acquisition of shopping centres is a
key driver of growth for Atrium. We believe that Jörg's experience
in this field and across Central and Eastern Europe, particularly in
Poland and Czech Republic, will be invaluable to this process. I am
therefore delighted to welcome him to the team and look forward to
working with him as we continue to build Atrium into the market
leading operator and developer of supermarket anchored shopping
centres in Central and Eastern Europe."

For further information:

Financial Dynamics:
+44 (0)20 7831 3113
Richard Sunderland

Laurence Jones

{Richard.sunderland@fd.com}[HYPERLINK:
mailto:Richard.sunderland@fd.com]

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.

end of announcement euro adhoc
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ots Originaltext: Atrium European Real Estate Limited
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Financial Dynamics, London

Richard Sunderland / Laurence Jones

Phone: +44 (0)20 7831 3113

mailto:richard.sunderland@fd.com

Branche: Real Estate
ISIN: JE00B3DCF752
WKN:
Index: Standard Market Continous
Börsen: Wien / official market