Swiss Prime Site : makes the most of favourable market conditions to raise CHF 250 million

NOT FOR DISTRIBUTION IN THE UNITED STATES, THE EUROPEAN ECONOMIC AREA AND THE UNITED KINGDOM

MEDIA RELEASE

Olten, 12 April 2017

Swiss Prime Site makes the most of favourable market conditions to raise CHF 250 million

• CHF 250 million bond issue successfully placed
• Liability maturity profile optimised

CHF 250 million bond issue successfully placed

On 11 April 2017, Swiss Prime Site successfully issued a straight-bond. The issue amount is CHF 250 million and the bond has a maturity of 9 years, from 2017 to 2026. The coupon was fixed at 0.825%, which puts it at the lower end of the marketing range. This new issue was very well received by the market and generated substantial investor interest. The payment date is 11 May 2017.

Liability maturity profile optimised

Besides enabling Swiss Prime Site to benefit from the favourable conditions currently prevailing in the market, this successful placement has also resulted in a further diversification and optimisation of the Group's maturity and financing structure as well as lengthening the duration of its liabilities. The new, attractively priced issue ideally complements the maturity of Swiss Prime Site's existing liabilities and is also congruent with its financing strategy. As Markus Meier, Swiss Prime Site's CFO, explains, «The parameters of the bond issue we have successfully completed reflect our sustainable liability funding strategy. The funding provided by this transaction will be directed to the further expansion of our attractive real estate portfolio».

The syndicate underwriting the bonds comprised Basler Kantonalbank, Credit Suisse AG, UBS AG and Zürcher Kantonalbank.

Should you have any questions, please contact: Investor Relations, Markus Waeber

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Media Relations, Mladen Tomic

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Swiss Prime Site

Swiss Prime Site AG is Switzerland's leading listed real estate company. The Group's portfolio is valued at over CHF 10 billion and comprises high-quality, value-retaining properties situated in prime locations, most of which incorporate office and retail space. In addition to investing in first-class properties, the Group's Real Estate segment also carries out transformation and development projects encompassing entire large-scale sites. The Services segment comprises Wincasa, Switzerland's largest real estate services provider, and Jelmoli - The House of Brands, the country's premium department store. The Assisted Living segment brings together the residential and care services provided by the Tertianum Group.

Swiss Prime Site is notable for its experienced management team, its high level of earnings continuity and its excellent risk/return profile. The company has been listed on SIX Swiss Exchange since 2000 and has a market capitalisation of some CHF 6 billion.

SIX Swiss Exchange / Symbol SPSN / Swiss securities number 803 838

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF SWISS PRIME SITE AG HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT FROM REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.