Meinl European Land Limited

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Meinl European Land admitted into the MSCI Index

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18.05.2005

Meinl European Land, the property group focused on retail real estate in Central and Eastern Europe, will be admitted into the MSCI Austria Index on 31st May 2005. At the beginning of the year the company was included in the GPR 250 Index. Morgan Stanley Capital International officially announced the admission last Tuesday in its yearly Index Review.

The worldwide MSCI index is a weighted market capitalisation index that includes companies representative of equity market structures in the world’s major financial centres. For several portfolio managers the MSCI index is a benchmark for their own performance. Beside the global MSCI world index, the index family comprises local indices around the world. On the 31st May 2005 a total of 278 securities will be added to the MSCI Standard Index Series. Together with Meinl European Land one other company in Austria will be admitted.

The admission into one of the most important index families in the world is the next cornerstone in Meinl European Land’s two-year record of unrivalled organic growth. During this period the company has doubled its portfolio value several times. Today the portfolio comprises 170 retail properties with an estimated value of more than EUR 670 million and a total letable area of significantly more than 700,000sqm and the dynamic expansion will continue in the future.

One week ago the company added the latest new property to its portfolio, acquiring a hypermarket with a letable area of 8,000sqm in the Polish city of Plock (130,000 inhabitants). The property is leased by the German based Kaufland group on a long-term rental contract and generates a yield of more than 10%.

end of announcement                                euro adhoc 18.05.2005 07:59:48
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Further inquiry note: Pleon Publico Public Relations & Lobbying Mag. Claudia Müller-Stralz Tel.: ++43 (0) 1/717 86 107 mailto:claudia.mueller@pleon-publico.com

Branche: Real Estate
ISIN:      AT0000660659
WKN:        066065
Index:    Standard Market Auction
Börsen:  Wiener Börse AG / official dealing



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