Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited
MEINL BANK TO CANCEL PREVIOUSLY SCHEDULED BONDHOLDER MEETING

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28.01.2011

MEINL BANK TO CANCEL PREVIOUSLY SCHEDULED BONDHOLDER MEETING

Jersey,  29  January  2011.  Atrium  European  Real  Estate  Limited ("Atrium") (VSE/ Euronext: ATRS), one of the  leading  real  estate   companies  focused  on shopping centre investment, management and development in  Central  and  Eastern Europe, announces that further to its announcements of 21,  24  and  27  January

@@start.t2@@2011,  it  has  received  acknowledgement  and  confirmation  from  Meinl    Bank
("Meinl") that circumstances no longer subsist which might be said to give  rise
to an event of cross-default or acceleration under Atrium's 2003 and 2005  bonds
(namely    AT0000496633,      AT0000496641;      AT0000492996,      AT0000341789      and
AT0000341797) arising form the non-payment of interest or  principal  under  the
2008 Bonds.@@end@@

Meinl has also acknowledged and confirmed that it will  cancel  the   bondholders meeting originally planned for 7 February 2011.

For further information:

Financial Dynamics:                    +44 (0)20 7831 3113
Richard Sunderland
Laurence Jones
Will Henderson
richard.sunderland@fd.com

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Further inquiry note: Financial Dynamics, London Richard Sunderland  / Laurence Jones Phone: +44 (0)20 7831 3113 mailto:richard.sunderland@fd.com

Branche: Real Estate
ISIN:      JE00B3DCF752
WKN:        
Index:    Standard Market Continuous
Börsen:  Wien / official market



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