EANS-Adhoc: ATRIUM TERMINATES TRUST AGREEMENTS WITH MEINL UNDER THE 2003 AND 2005 BONDS DUE TO IMPORTANT REASONS

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01.02.2011

ATRIUM TERMINATES TRUST AGREEMENTS WITH MEINL UNDER THE 2003 AND 2005
BONDS DUE TO IMPORTANT REASONS

Jersey, 1 February 2011. Atrium European Real Estate Limited
("Atrium") (VSE/ Euronext: ATRS) has declared the extraordinary
termination of the Trust Agreements (each an "Agreement" and together
the "Agreements") relating to the 2003 and 2005 listed bonds (namely
AT0000496633, AT0000496641; AT0000492996, AT0000341789 and
AT0000341797; the "Bonds" and each a "Bond") due to a number of
important reasons which make it inappropriate for Atrium to continue
the contractual relationship with Meinl Bank AG as the trustee under
the Agreements. Unless otherwise instructed by Atrium, the
termination for each Bond shall have effect as of the date on which
all of the collateral under the respective Agreement which Meinl Bank
currently holds as trustee in favour of the holders of the respective
Bond has been validly transferred to a new trustee.

The situation for underlying holders of the Bonds remains unaffected
and interest payments to them will continue to be made as usual by
Atrium through the paying agent Deutsche Bank AG and subsequently via
the Oesterreichische Kontrollbank AG, which operates the clearing
system for the Bonds. Holders of the underlying Bonds are invited to
email ir@aere.com with any questions they may have and which Atrium
will endeavour to answer as soon as possible.

For further information:
Financial Dynamics:
+44 (0)20 7831 3113
Richard Sunderland
Laurence Jones
{Atrium@fd.com}[HYPERLINK: mailto:Richard.sunderland@fd.com]

end of announcement euro adhoc
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ots Originaltext: Atrium European Real Estate Limited
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

For further information:

Financial Dynamics:
+44 (0)20 7831 3113
Richard Sunderland
Laurence Jones
atrium@fd.com

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