EANS-Adhoc: Atrium European Real Estate Limited / LEGAL ACTION IN THE NETHERLANDS

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other/Company Information
01.10.2015

LEGAL ACTION IN THE NETHERLANDS

Ad hoc announcement - Jersey, 1 October 2015. Atrium European Real
Estate Limited (the "Company") (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 received a legal
action brought by the Dutch "Stichting Atrium Claim" as the claimant
seeking declarations in relation to prior actions of the Company.
Stichting Atrium Claim was founded in October 2014 with the stated
intention of bringing a legal action against the Company and claims
to represent the interests of an uncertain and restricted class of
investors in the Company who purchased certificates between 2002 and
2007, when the Company was known as Meinl European Land Limited.

Stichting Atrium Claim has filed this declaratory lawsuit against the
Company in the Netherlands, notwithstanding that the Company is
domiciled in Jersey. The Company regards this as an improper effort
to take advantage of the legal instrument of a class action under
Dutch law involving the same subject matter as investors' claims
currently asserted in Austria against the Company.

The Company believes that the claim is misguided and without merit
and that the Dutch courts should not assert jurisdiction over this
claim. The Company will take all necessary steps to respond
appropriately.

For further information: FTI Consulting Inc.:
+44 (0)20 3727 1489 Richard Sunderland Claire Turvey Ellie Sweeney
atrium@fticonsulting.com

Atrium European Real Estate Limited is established as a closed-end
investment company incorporated and domiciled in Jersey and regulated
by the Jersey Financial Services Authority 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.

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
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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, stock market: Luxembourg Stock Exchange
language: English