Events after the balance sheet date

Deutsche EuroShop AG acquired 5.1% of Rathaus-Center Dessau KG with effect from 1 January 2012, taking its shareholding to 100%. The purchase price of € 5.9 million was paid at the start of 2012.

Also with effect from 1 January 2012, approximately 11% of Allee-Center Hamm KG (purchase price: € 8.9 million) and 0.1% of the shares in Rhein-Neckar Zentrum KG (purchase price: € 0.2 million) were acquired. Deutsche EuroShop now holds 100% of the shares in these companies as well. The purchase prices were paid at the end of 2011 and are included as at the reporting date under other assets.

In accordance with IFRS 3, the share purchases resulted in an excess of identified net assets acquired over cost of acquisition of € 0.5 million.

No further significant events occurred between the balance sheet date and the date of preparation of the financial statements.

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