Date 27 August 2007
Title Rodamco Europe reports 5.2% L-f-L growth in net rental income
Article Direct results affected by merger costs

Rotterdam, August 27, 2007 - Rodamco Europe N.V. reports first half year results affected by merger expenses and shows a 24.2% decrease in direct result after tax. Excluding one-off costs the decrease comes to 1.2%. Based on positive revaluation results, net shareholders' profit rose with 22.4%. Triple NAV per share went up by 10.5% and property assets grew by 7.0% in comparison to year-end 2006.

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