EANS-Adhoc: Atrium European Real Estate Limited / CLAIM FOR DAMAGES

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11.08.2010

CLAIM FOR DAMAGES

Jersey, 11 August 2010. Atrium European Real Estate Limited (the "Company") (VSE/ Euronext: ATRS), one of the leading real estate companies focused on shopping centre investment, management and development in Central and Eastern Europe, announces that its Board of Directors resolved yesterday evening to pursue claims against a number of persons ("Defendants") in the English High Court.

The Defendants are: (1) Julius Lindbergh Meinl, (2) Meinl Bank Aktiengesellschaft, (3) Julius Meinl Aktiengesellschaft, (4) Peter Weinzierl, (5) Stephan Visy, (6) Günter Weiss, (7) Georg Kucian, (8) Heinrich Schwägler, (9) Karel Römer, and (10) Meinl European Real Estate Limited. The claim is for the sum of over E2 billion in loss and damage suffered by the Company in connection with actions relating to the former management (prior to 1 August 2008) of the Company, when it was known as Meinl European Land Limited.

For further information:

Financial Dynamics:
+44 (0)20 7831 3113
Richard Sunderland

Laurence Jones

richard.sunderland@fd.com

or in Austria

WOLF THEISS Rechtsanwälte GmbH:
+43 (0)1 515 10 5200
Bettina Knötzl

bettina.knoetzl@wolftheiss.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

Rückfragen & Kontakt:

Financial Dynamics, London
Richard Sunderland / Laurence Jones
Phone: +44 (0)20 7831 3113
richard.sunderland@fd.com

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