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

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

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.

Further inquiry note:
Financial Dynamics, London
Richard Sunderland / Laurence Jones
Phone: +44 (0)20 7831 3113
mailto:richard.sunderland@fd.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@fd.com
WWW: http://www.aere.com
sector: Real Estate
ISIN: JE00B3DCF752
indexes: Standard Market Continous
stockmarkets: official market: Wien
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | CNE

print