Exclusive agreement to acquire

Exclusive agreement to acquire
a EUR346 million office portfolio

Eurosic and GE Capital Real Estate France have entered today into an exclusivity
agreement  until July 31, 2011 to negotiate the acquisition in cash of an office
portfolio valued at EUR346 million including transfer duties.

This portfolio is made up primarily of recent significant-sized office buildings
located  in major cities throughout France (Toulouse, Nantes, Lyon, etc.) and in
the first ring of Paris.

This  acquisition  would  be  financed  for  half  of the total amount through a
capital   increase  with  preferential  subscription  rights  maintained  and  a
subscription price that will be no lower than the price for the voluntary public
take  over bid  announced by  Monroe, the  Batipart subsidiary,  i.e. EUR34.30 per
share, and for the other half by a bank loan.

The  acquisition of the  portfolio would represent  the first stage in Eurosic's
new  development  following  the  change  in  its shareholding structure on June
15th, and  would make it possible to grow the company's portfolio by around 25%
to  over  EUR1.7  billion,  further  strengthening  its positioning on office real
estate in France



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About Eurosic

Eurosic is a listed real estate investment trust (SIIC) which owns and manages a
portfolio  valued at EUR1.39 billion at  December 31st, 2010, primarily made up of
large and recent offices located in Paris and the inner suburbs.
Eurosic  trades continuously on Euronext Paris  Eurolist, Compartment B, and has
been part of the SBF 250 and CAC Mid 100 indexes since December 18th, 2009.

Ticker : ERSC - ISIN : FR0000038200




Investor Relations                                        Press relations
Laurent Faure                                        Fatima El Allaly
Phone : +33.1.45.02.23.29                                        Phone : +
33.1. 44.43.76.41
[email protected]
[email protected]
www.eurosic.fr

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