Atrium European Real Estate Limited

euro adhoc: Atrium European Real Estate Limited
Personnel
APPOINTMENT OF CHIEF FINANCIAL OFFICER

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07.01.2009

Atrium European Real Estate Limited ("Atrium" or the "Company")

APPOINTMENT OF CHIEF FINANCIAL OFFICER

-Experienced financial specialist appointed following extensive search-

Jersey, 07 January 2008. Atrium European Real Estate (ATX: ATR), one of the leading real estate companies focused on owning, operating and developing shopping centres in Central and Eastern Europe, announces the appointment of Robert Bolier as Chief Financial Officer.

Robert has over 20 years experience in financial management and strategy at a number of leading global corporations. He joins Atrium from Meretec Ltd, where, since 2007, he was Chief Financial Officer, with overall responsibility for all aspects of financial management and strategy implementation.

Between 2000 and 2006 he held a number of senior management positions at Assa Abloy, the world's leading lock manufacturer with a turnover in excess of EUR3bn, which is listed on the Swedish Stock Exchange. As divisional CFO for the EMEA region from 2003, he was responsible for all areas of financial management, budgeting, treasury, legal, shareholder relations and corporate governance affairs. He spent the previous three years as the Director of Corporate Finance.

Prior to this, Robert spent two years as EMEA Finance Director at Williams PLC, a FTSE 100 company, and four years at Blue Circle Industries PLC in various senior finance functions. Before working in industry, he spent four years as an Associate Director in corporate finance for Chase Manhattan Bank.

Robert is a Chartered Accountant, member of the ICAEW and a fellow of the Chartered Institute of Management Accountants, London.

Commenting on the appointment, Rachel Lavine, chief executive officer of Atrium, said: "Following an extensive search for the crucial role of Chief Financial Officer we are delighted to announce the appointment of Robert, who brings with him a wealth of experience. His well proven ability in financial management, strategic implementation, shareholder relations and corporate governance will be invaluable in helping Atrium grow. Additionally, his experience working for publicly listed companies will be particularly useful as we maintain the highest standards of corporate governance, investor relations and financial regulation."

"Robert's appointment as Chief Financial Officer completes the senior executive management platform for Atrium, following the recent appointments of Dominique Beghin as Chief Development Officer and Dr. Nils-Christian Hakert as Chief Operating Officer."

Robert Bolier, chief financial officer, added: "I am joining Atrium at an important time for the Company. Given current market conditions, it is more important than ever to maintain the highest standards of financial management and controls, budget implementation and financial reporting. I look forward to this very exciting challenge and to helping Atrium deliver on its strategy going forward."

Financial Dynamics: +44 (0)20 7831 3113 Richard Sunderland Stephanie Highett Laurence Jones Richard.sunderland@fd.com

Notes to editors:

About Atrium European Real Estate Limited Atrium is a real estate investment and development company whose primary focus is on retail assets in Central and Eastern Europe, where it operates in 11 countries. At 30 September 2008, Atrium had 160 operating investment properties with a market value of just over EUR1.7 billion. For the nine months to 30 September 2008 Atrium had a gross rental income of EUR97.4 million (2007: EUR89.8 million).

The Company has been listed on the Vienna Stock Exchange since 2002.

end of announcement                               euro adhoc
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Further inquiry note:

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

Branche: Real Estate
ISIN: AT0000660659
WKN: 066065
Index: Standard Market Continous
Börsen: Wiener Börse AG / official market

Original-Content von: Atrium European Real Estate Limited, übermittelt durch news aktuell

Weitere Meldungen: Atrium European Real Estate Limited

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