EANS-Adhoc: Atrium European Real Estate Limited / ATRIUM SUCCESSFULLY ISSUES A EUR350 MILLION UNSECURED EUROBOND

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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other
16.10.2014

** NOT FOR RELEASE OR DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART
IN OR INTO

THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE RUSSIAN FEDERATION **

Atrium European Real Estate Limited
("Atrium" or the "Group")

ATRIUM SUCCESSFULLY ISSUES A EUR350 MILLION UNSECURED EUROBOND

Ad hoc announcement - Jersey, 16 October 2014. Atrium European Real
Estate Limited (VSE/Euronext: ATRS), a leading owner, operator and
developer of shopping centres and retail real estate in Central and
Eastern Europe, announces that it has successfully issued a EUR350
million unsecured eight year eurobond (the "Bond"), maturing in
October 2022 bearing a fixed coupon of 3.625% per annum. The issue
price was 99.788%.

The Bond has been placed with a broad range of institutional debt
investors across Europe.

Both Standard & Poor's and Fitch have assigned a BBB- investment
grade credit rating to the Bond, in line with Atrium's corporate
rating, which was reaffirmed earlier this month with a stable
outlook.

The proceeds of the issue will strengthen Atrium's liquidity and will
be used for acquisitions, refinancing of the Group's existing debt,
other investment property activities and general corporate purposes.

In addition, Atrium has signed two five-year revolving credit lines
for a total of EUR50 million.

Commenting on the transaction, Rachel Lavine, CEO of Atrium, said:
"This issuance has been a solid success for Atrium, as evidenced by
the level of over- subscription and the fact that the books were
closed within a couple of hours. Our second unsecured eurobond
together with the new revolving credit lines we have agreed, further
affirm the success we have achieved so far in delivering our
strategy. This issuance and the new revolving facilities provide us
with greater financial flexibility to build on the momentum achieved
with our recent acquisition and at the same time extend the average
maturity of our debt portfolio at attractive costs."

Analysts:
Ljudmila Popova
lpopova@aere.com

Press & Shareholders:
FTI Consulting +44 (0)20 3727 1489

Richard Sunderland/ Claire Turvey/ Nick Taylor
atrium@fticonsulting.com

Atrium is established as a closed-end investment company incorporated
and domiciled in Jersey and regulated by the Jersey Financial
Services Commission as a certified Jersey listed fund, and is listed
on both the Vienna Stock Exchange and the NYSE Euronext Amsterdam
Stock Exchange. Appropriate professional advice should be sought in
the case of any uncertainty as to the scope of the regulatory
requirements that apply by reason of the above regulation and
listings. 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.

The information contained herein does not constitute an offer to sell
or the solicitation of an offer to buy nor shall there be any sale of
the securities referred to herein in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration,
exemption from registration or qualification under the securities
laws of any jurisdiction.

Any offer of securities to the public that may be deemed to be made
pursuant to this communication in any EEA Member State that has
implemented EU Directive 2003/71/EC (together with any amendments and
applicable implementing measures in any Member State, the "Prospectus
Directive") is addressed solely to qualified investors (within the
meaning of the Prospectus Directive) in that Member State.

This document is an advertisement and not a prospectus for the
purposes of the Prospectus Directive and as such does not constitute
an offer to sell or the solicitation of an offer to purchase
securities. A prospectus prepared pursuant to the Prospectus
Directive has been published, which can be obtained from the website
of the Luxembourg stock exchange. Investors should not subscribe for
or purchase any securities referred to in this document except on the
basis of the information in the prospectus.

This communication is addressed only to and directed only at (i)
persons who are outside the United Kingdom or (ii) investment
professionals falling within Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order")
and (iii) high net worth entities, and other persons to whom it may
lawfully be communicated, falling within Article 49(2)(a) to (d) of
the Order (all such persons in (i), (ii) and (iii) above together
being referred to as "relevant persons"). Any investment activity to
which this communication relates will only be available to and will
only be engaged with, relevant persons. Any person who is not a
relevant person should not act or rely on this document or any of its
contents.

This communication is not for public release, publication or
distribution, directly or indirectly, in or into the United States
(including its territories and possessions, any State of the United
States and the District of Columbia). This communication is not and
does not constitute or form a part of any offer of, or solicitation
to purchase or subscribe for, any securities in the United States.
Any such securities have not been, and will not be, registered under
the United States Securities Act of 1933, as amended (the "Securities
Act"). Any such securities may not be offered or sold in the United
States or to, or for the account or benefit of, U.S. persons (as such
term is defined in Regulation S under the Securities Act), except
pursuant to an exemption from the registration requirements of the
Securities Act. No public offering of securities will be made in the
United States of America.

Certain statements in this document are not historical facts and are
"forward looking". Forward-looking statements include statements
concerning Atrium's plans, expectations, projections, objectives,
targets, goals, strategies, future events, future revenues or
performance, capital expenditures, financing needs, plans or
intentions relating to acquisitions, Atrium's competitive strengths
and weaknesses, plans or goals relating to forecasted performance,
financial position and future operations and development, its
business strategy and the trends it anticipates in the industries and
the political and legal environment in which it operates and other
information that is not historical information. By their very nature,
forward-looking statements involve inherent risks and uncertainties,
both general and specific, and risks exist that the predictions,
forecasts, projections and other forward-looking statements will not
be achieved. Given these risks and uncertainties, you are cautioned
not to place undue reliance on such forward-looking statements.
Atrium does not intend and does not assume any obligation to update
any forward-looking statement contained herein.

Further inquiry note:
FTI Consulting Inc
+44 (0)20 3727 1000
Richard Sunderland
richard.sunderland@fticonsulting.com

end of announcement euro adhoc
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issuer: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
sector: Real Estate
ISIN: JE00B3DCF752
indexes: Standard Market Continuous
stockmarkets: official market: Wien
language: English