Press releaseEANS-News: Atrium European Real Estate Limited / UPDATE ON LEGAL PROCEEDINGS2011-01-17T09:34:51-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information St Helier Jersey / Channel Islands (euro adhoc) - UPDATE ON LEGAL PROCEEDINGS Jersey, 17 January 2011: Further to its announcement of 30 December 2010 regarding a proposed legal action against the Company filed by Meinl Bank ("Meinl") with The International Arbitral Centre of the Austrian Federal Economic Chamber, Atrium European Real Estate Limited ("Atrium") (VSE/Euronext: ATRS), announces that it is now been served in this respect. Atrium maintains its view that this action is entirely without merit and that the indemnityprovisionsto which this legal action refers are not relevant or applicable in this case. For further information: Financial Dynamics: +44 (0)20 7831 3113 Richard Sunderland Laurence Jones Richard.sunderland@fd.com end of announcement euro adhoc -------------------------------------------------------------------------------- Further inquiry note: Financial Dynamics, London
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