2009-07-17

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Germany | Property Companies

Jelmoli has been informed of the revised intension of Walter Fust in connection with the exchange offer of SPS

Germany: After the report by the board of directors of Jelmoli Holding Ltd ("Jelmoli") of July 8, 2009 on the public exchange offer of Swiss Prime Site AG ("SPS") for all publicly held registered shares of Jelmoli and as a reaction to the press release of Jelmoli of July 16, 2009 Jelmoli has been informed by Mr. Walter Fust that in light of the published positions of the other major shareholders he will not tender his shares at the exchange ratio at hand.

Michael Müller for Jelmoli Holding AG - 2009-07-17

Announcement by Jelmoli Holding AG. The originator takes responsibility for its content.