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PATRIZIA Immobilien AG once again plans to issue bonus shares instead of a dividend payment

The Supervisory Board and Managing Board of PATRIZIA Immobilien AG (ISIN DE000PAT1AG3) have today decided to propose to the Annual General Meeting on 27 June 2014, that the unappropriated profit of PATRIZIA Immobilien AG for 2013 in the amount of EUR 89.9 million be entirely carried forward to a new account and that a capital increase from capital reserves be resolved by issuing bonus shares.

Augsburg, 24 March 2014. This will increase the share capital by converting capital reserves. In the course of this measure, each PATRIZIA shareholder will receive one additional new share (bonus share) for every ten existing shares. The shareholders are again not required to make any contribution.

If the Annual General Meeting of PATRIZIA Immobilien AG agrees to the measure, the capital increase will be performed by issuing 6,307,730 new registered no-par value shares. This measure will have no influence on the amount of the shareholders’ funds since it merely constitutes a regrouping of components within shareholders’ funds. The share capital will increase from a current total of EUR 63,077,300 to EUR 69,385,030 divided into 69,385,030 registered no-par value shares. The new shares will carry dividend rights from the beginning of the 2014 fiscal year.

The last two years PATRIZIA received major support for its issue of bonus shares. We again plan to use the retained liquid assets for investing in new co-investments, thus accelerating sustainable growth for PATRIZIA in Europe.

The Management Board
Augsburg, 24 March 2014

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