OPG: Q3 2012 financial information


27 November 2012                                                                                      Press Release

Orco Property Group – Q3 2012 financial information

The Group strengthens its balance sheet and increases its stake in Orco Germany

First 9 months financial highlights

-       Revenue slightly decreasing to EUR 115 Million year on year, while Adjusted EBITDA increased by EUR 8 M to EUR 33 M

-       Adjusted EBITDA Interest Coverage Ratio pro forma[1] reaches 96% compared 58% in 2011

-       Net loss at EUR 31 Million, including a global impairment of EUR 27 Million on Sky office

-       Expected full year revenues between EUR 250 and 270 Million, including the sale of Sky office for EUR 117 Million

For more information, visit our Shareholder corner on www.orcogroup.com, or contact:

Nicolas Tommasini +331 40 67 67 23 or at investors@orcogroup.com


[1] Pro forma : interest expenses are adjusted to replace the bonds interest expenses by the interest expenses on the new notes issued by OPG early October 2012

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