Atrium European Real Estate Limited

EANS-News: Atrium European Real Estate Limited

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Company Information

St Helier Jersey / Channel Islands (euro adhoc) - UPDATE ON LEGAL PROCEEDINGS

Jersey, 17 January 2011: Further to its announcement of 30 December 2010 regarding a proposed legal action against the Company filed by Meinl Bank ("Meinl") with The International Arbitral Centre of the Austrian Federal Economic Chamber, Atrium European Real Estate Limited ("Atrium") (VSE/Euronext: ATRS), announces that it is now been served in this respect.

Atrium maintains its view that this action is entirely without merit and that the indemnityprovisionsto which this legal action refers are not relevant or applicable in this case.

For further information:
Financial Dynamics:                                                 +44 (0)20 7831 3113
Richard Sunderland
Laurence Jones

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Further inquiry note: Financial Dynamics, London Richard Sunderland  / Laurence Jones Phone: +44 (0)20 7831 3113

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

Weitere Meldungen: Atrium European Real Estate Limited

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