EANS-Adhoc: Atrium European Real Estate Limited / Results of Tender Offer for the EUR130,000,000 Floating Rate Notes due 2017

--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------

other
22.06.2015

Results of Tender Offer for the EUR130,000,000 Floating Rate Notes
due 2017

Jersey, 22 June 2015: Atrium European Real Estate Limited (the
Company) today announces the acceptances and results of its
invitation to holders of its EUR130,000,000 Floating Rate Notes due
2017 (ISIN: AT0000496633) (the Notes) to tender their Notes for
purchase by the Company for cash (the Offer). The Offer was made on
the terms and subject to the conditions contained in the tender offer
memorandum dated 5 June 2015 (the Tender Offer Memorandum) prepared
by the Company.

Acceptance of EUR77.40 million in aggregate nominal amount of the
Notes tendered pursuant to the Offer

The Offer expired at 5.00 p.m. (Vienna time) on 19 June 2015. Of the
EUR130 million in aggregate nominal amount of Notes currently
outstanding (of which EUR46.15 million in aggregate nominal amount of
the Notes are currently held by the Company), approximately EUR77.40
million in aggregate nominal amount of the Notes have been validly
tendered for purchase in accordance with the terms and conditions of
the Offer. The Company has decided to accept for purchase all such
Notes validly tendered pursuant to the Offer, with no pro rata
scaling. As a result of these acceptances, after the settlement of
the Offer the Company will hold approximately EUR123.55 million of
the EUR130 million in aggregate nominal amount of Notes.

The Company will pay EUR1,080 (the Purchase Price) for each EUR1,000
in nominal amount of the Notes accepted by the Company for purchase
pursuant to the Offer. The Company will also pay Accrued Interest on
the Notes accepted by it for purchase pursuant to the Offer.

Settlement of the Offer is expected to occur on 23 June 2015.

The Offer was not made to any person located or resident in the
United States, and was also subject to restrictions in other
jurisdictions, all as further described in the Tender Offer
Memorandum. This announcement must be read in conjunction with the
Tender Offer Memorandum.

Further Information

The Offer was described in full in the Tender Offer Memorandum. Brüll
Kallmus Bank AG, Linz Branch (Telephone: +43 316 90313 2752; Email:
mayrhofer@bkbank.at/furtmueller@bkbank.at) and Deutsche Bank AG,
London Branch (Telephone: +44 20 7545 8011; Email:
liability.management@db.com) are acting as the Dealer Managers for
the Offer. Deutsche Bank AG, London Branch (Telephone: +44 20 7547
5000; Fax: +44 20 7547 5001; Email: xchange.offer@db.com) is acting
as the Tender Agent for the Offer.

Subject to applicable law, the Company will consider repurchases of
any Notes remaining outstanding following settlement of the Offer.
Please contact the Dealer Managers for further information.

The information contained in this announcement is for informational
purposes only and does not constitute an offer to purchase any
securities or a solicitation of an offer to sell any securities.

DISCLAIMER

This announcement must be read in conjunction with the Tender Offer
Memorandum. No offer or invitation to acquire any securities is being
made pursuant to this announcement. The distribution of this
announcement and the Tender Offer Memorandum in certain jurisdictions
may be restricted by law. Persons into whose possession this
announcement and/or the Tender Offer Memorandum comes are required by
each of the Company, the Dealer Managers and the Tender Agent to
inform themselves about, and to observe, any such restrictions.

Further inquiry note:
For further information:
FTI Consulting Inc.:
+44 (0)20 3727 1000
Richard Sunderland
Claire Turvey
Richard.sunderland@fticonsulting.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

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, stock market: Luxembourg Stock Exchange
language: English