Coeur d´Orly Business District Project: Aeroports de Paris in Exclusive Negotiation with Altarea / Fonciere des Regions Pool

Regulatory News:

In order to select a property investment and development company
for the first phase of the Coeur d´Orly project, Aeroports de Paris
(Paris:ADP (Pink Sheets:AEOPF) is engaged in exclusive negotiations
with the Altarea and Fonciere des Regions pool on a project designed
by Jean-Michel Wilmotte as coordinating architect and landscape
architect Philippe Thebaud.

The objective of Aeroports de Paris is to develop, in a first
phase, a 13.5-hectare business district which will include offices, a
congress centre, a four-star hotel and a commercial, services and
entertainment centre. Coeur d´Orly will be serviced by the existing
(RER, Orly VAL) and future (like for example the Villejuif Juvisy
tramway) transport means.

The first step of this phase of the Coeur d´Orly project includes
160, 000 m2 of offices, shops and hotel (including 70 000 m2 should be
completed by end 2010). The main structure of this business district
has been designed by the urban planners-architects pool Devillers
Associes / Brochet-Lajus-Pueyo.

At this stage, the cost of this first step is estimated at nearly
400 million euros (except hotel and congress centre). Aeroports de
Paris plans to co-invest half the amount with the property developer
in offices and shops.

About Aeroports de Paris

Aeroports de Paris builds, develops and manages airports including
Paris-Orly, Paris-Charles de Gaulle and Paris-Le Bourget. Aeroports de
Paris is the 2nd European airport group in terms of airport turnover
and the 1st European airport group in terms of cargo and mail.
Aeroports de Paris accommodates nearly 460 airlines, mainly the major
actors of air transport.

Benefiting from an exceptional geographical location and a major
trading area, the group´s strategy is to modernize its terminal
facilities and to upgrade its quality of service. It also intends to
develop its retail and real estate business. In 2006, Aeroports de
Paris Group had a turnover of 2,076.8 million euros, and a net result
of 152.1 million euros. Aeroports de Paris handled 82.5 million
passengers in 2006.

About Altarea

Altarea is an international multi-format real estate developer and
a retail focused real estate investment company.

Altarea builds its portfolio by developping its own assets. As of
june 30, 2007, Altarea owns 40 shopping centers in France, Italy and
Spain, representing 440,000 sq m with a value of 1.620bn EUR .

As developper, Altarea, with its subsidiary COGEDIM, masters a
development pipeline of 2,000,000 sq m.

Altarea is listed on Eurolist of Euronext Paris (cpt A). The
market capitalization as of december 2007 was 1.9 Bn EUR .

About Fonciere des Regions

Fonciere des Regions is a listed, pan-European property investment
company with a consolidated asset base valued at EUR 15.3 billion at
30 June 2007. Its portfolio is comprised mainly of office property
leased to large manufacturing and services groups. Fonciere des
Regions is a long-term real estate investor and operator. The company
is active in its home base of France and in Italy through its listed
subsidiary Beni Stabili. Fonciere des Regions is also the lead
shareholder and operator of listed property companies Fonciere des
Murs, Fonciere Developpement Logements and Fonciere Europe Logistique,
which invest respectively in service-sector property, housing, and
logistics and light industrial premises.

Fonciere des Regions is headed by Christophe Kullmann.

Fonciere des Regions is listed on Euronext Paris´ Eurolist
compartment A (FR0000064578 - FDR) and its shares are eligible for
Euronext´s SRD deferred settlement service. Fonciere des Regions is
included in the Euronext IEIF "SIIC France" stock index, the Eurolist
Euronext Mid-100 index and the EPRA index (www.epra.com).