SUCCESS OF THE OFFER TO CREATE THE LEADING PAN-EUROPEAN COMMERCIAL
PROPERTY COMPANY:
80% of Rodamco Shares tendered to the offer of Unibail
UNIBAIL DECLARES THE EXCHANGE OFFER FOR ALL OUTSTANDING SHARES OF
RODAMCO EUROPE UNCONDITIONAL
Remaining Rodamco Shares can be tendered in subsequent acceptance
period ending 10 July 2007
Paris, France and Rotterdam, the Netherlands - 21 June 2007
Unibail Holding S.A. ("Unibail") and Rodamco Europe N.V. ("Rodamco")
jointly announce that Unibail declares unconditional (gestanddoening)
the public exchange offer (the "Exchange Offer") made for all the
ordinary shares in the capital of Rodamco with a nominal value of
eight euros (EUR 8) ("Rodamco Shares").
71,378,392 Rodamco shares representing 79.63% of the share capital of
Rodamco have been tendered in the Exchange Offer during the
acceptance period that ended Wednesday 20 June 2007.
The combination between Unibail and Rodamco is therefore
unconditional and shall be effective on the date of settlement, being
25 June 2007.
"We are pleased with this outcome, which now makes it possible to
create the leading pan-European commercial property company. We can
conclude a vast majority of our shareholders appreciate the strategic
rationale as well as the Exchange Offer made by Unibail", says
Rodamco CEO Maarten Hulshoff.
Unibail's CEO Guillaume Poitrinal comments: "The support of the
investment community for this project is impressive and we are very
much looking forward to further build this new combination, together
with our employees and management team."
--- End of Message ---
Rodamco Europe
P.O. Box 1233 Rotterdam Netherlands
ISIN:
NL0000289320;
Listed: Compartment A (Large Caps) in EURONEXT AMSTERDAM;
