Corio NV : Klépierre and Corio will merge on March 31, 2015

Klépierre S.A. (Klépierre) (Euronext Paris and Amsterdam) and Corio N.V. (Corio) (Euronext Amsterdam) today announce that all conditions precedent to the implementation of the merger of Klépierre and Corio have been fulfilled. The merger is scheduled to take effect on 31 March 2015, 23:59 hrs CET.

In connection with the public exchange offer (the "Offer") by Klépierre for all of Corio's issued and outstanding ordinary shares, Klépierre and Corio agreed to further integrate their businesses after completion of the Offer by means of a cross-border merger with Klépierre as the surviving entity and Corio as the disappearing entity (the "Merger"). The general meetings of shareholders of Corio and Klépierre held respectively on 8 and 11 December 2014 passed, by an overwhelming majority, a resolution approving the merger of the two companies. Klépierre and Corio have now established that all conditions precedent to the implementation of the Merger have been fulfilled.