Press release

AGREEMENT ON THE SALE OF NAOS (LUXEMBOURG)

La Hulpe, 17 September 2018

ATENOR announces that an agreement has been reached for the sale of the Luxembourg company NAOS to two institutional investors.

NAOS - Esch-sur-Alzette (Luxembourg)

NAOS is currently constructing the building with the same name, located in the heart of the "Square Mile" in the new residential and commercial development centre of Belval, in the municipalities of Esch-sur-Alzette and Sanem. This building will offer more than 14,000 m² of offices and shops, benefiting from the latest technological advances and a BREEAM environmental certification.

The building will house the parent company of the Arηs computer group as well as the consulting, auditing, accounting services and tax consultancy company A3T. These two companies will together occupy at least 60% of the building's area. Given their continued growth, this percentage is expected to increase further.

The effective sale of NAOS remains subject to the agreement of 100% of the shareholders of NAOS and the finalization of the terms of the sales agreement. In addition, the sales agreement will contain the standard conditions precedent for the completion of the works and its delivery to its tenants (scheduled for September 2019).

This sale will have a favourable impact on ATENOR's 2018 and 2019 results, along the lines of the information provided when the half-year results were published on 30 August 2018.

FINANCIAL CALENDAR

Intermediate declaration for third quarter 2018

15 November 2018

Publication of the annual results for 2018

4 March 2019

Annual General Meeting 2018

26 April 2019

Intermediate declaration for first quarter 2019

14 May 2019

ATENOR is a real estate development company quoted on Euronext Brussels. Through our urban planning and architectural approach, we aim to provide appropriate responses to the new requirements being imposed by developments in urban and professional life. Within this framework, ATENOR invests in large scale property projects meeting strict criteria in terms of location, economic efficiency and respect for the environment

Reuters: ATE0.BR

-Bloomberg: ATEB BB

For more detailed information, please contact Stéphan Sonneville s.a., CEO or

William Lerinckx for Probatimmo bvba, Executive Officer +32-2-387.22.99 - e-mail :info@atenor.be - www.atenor.be

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Atenor SA published this content on 17 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 September 2018 15:52:02 UTC