Paris, 25.05.11

Dominique Ozanne appointed CEO of Foncière des Murs

Dominique Ozanne, currently Deputy Managing Director of Foncière des Murs, has been appointed

CEO, following the departure of Yan Perchet, who has tendered his resignation to the group.

Since May 2005, Yan Perchet has been one of the major players behind the growth of this benchmark operator in the Hotel and Healthcare real estate sector.

Christophe Kullmann, CEO of Foncière des Régions and Chairman of the Supervisory Board of Foncière des Murs, has given warm thanks to Yan Perchet for the quality of his contribution and his achievements as part of Foncière des Murs and Foncière des Régions.

About Foncière des Murs

Foncière des Murs SCA, a subsidiary of Foncière des Régions, is a listed real estate investment company (SIIC – société d'investissements immobiliers cotée) specialising in holding operating facilities mainly in the hotel, restaurant, health and leisure sectors. The company's investment policy focuses on partnerships with operators that are leaders in their business sectors, with a view to offering shareholders recurrent returns.

Foncière des Murs is listed on Euronext Paris, Compartment A of the Eurolist market (FR0000060303

- FMU).

Contact:

Foncière des Murs

Cécile Boyer – General Secretary Tel: 01 58 97 54 47 cecile.boyer@fdr.fr

See this press release at www.foncieredesmurs.fr.