REPORTS ON OPERATIONS AT 30 SEPTEMBER 2012

Oct 25 2012

Milan, 25 October 2012 – Today the Board of Directors of Prelios SGR approved the interim reports on operations at 30 September 2012 for the funds Tecla and Olinda, closed-ended contribution real-estate investment funds listed on the MIV (Market for Investment Vehicles) segment of Borsa Italiana and managed by Prelios SGR.

The reports on operations of the funds Tecla and Olinda at 30 September 2012 will be made available to the public at the offices of Prelios SGR and the custodian bank, State Street Bank, as well as on the websites www.preliossgr.com, www.fondotecla.com and www.fondo-olinda.com, as provided for in article 17 of the Management Rules for the funds.

Prelios SGR is one of Italy’s leading real-estate fund managers. Its assets under management amount to approximately 4.5 billion euro (at 30 June 2012), spread across 22 funds. Approximately 40% of funds investors are financial institutions, nearly 30% are corporate clients, and the remainder is divided amongst foundations and pension funds, insurance companies, public entities and retail shareholders. Prelios SGR manages over 1,100 properties, primarily located in Milan (22.5%), Rome (24%) and Turin (10%). The asset classes most representative of its properties under management are offices (39%), telephone exchanges (25%), retail and entertainment (20%), industry and logistics (6.2%) and residential (approximately 4.6%).