EIFF Tour Eiffel

Confronted  by the destabilization  tactics of MI  29 against Société de la Tour
Eiffel,  the President of  the Paris commercial  court has dismissed  all MI 29
demands stating that ".in deciding to increase the capital participation in such
a  way, MI 29 deliberately waived the possibility of negotiating a shareholder's
agreement  or a stable investment accord which could have assured representation
[on the Board]".

Furthermore,  the President noted that " . nothing justifies MI 29's thesis that
the  Board is no longer qualified to manage the company. the initiation of legal
proceedings is not in itself sufficient to warrant such accusations".

Finally,  the  President  added  ".  it  would  be paradoxical to accept that it
suffices  for  a  new  shareholder  holding  a  quarter of the capital to become
hostile  and  announce  his  ambitions  then  to pretext the ensuing conflict in
justifying a request for a judge to interfere with the normal company management
and to modify the normal schedule of the ordinary general meetings."

MI 29 is condemned to pay Société de la Tour Eiffel 10 000 euros compensation in
relation to costs.

"  Société  de  la  Tour  Eiffel's  management  welcomes  this ruling which will
facilitate  continued execution of our strategic  plan in the Company's interest
contrary  to the  destabilization attempt  of MI  29 ", Chief Executive Officer,
Renaud Haberkorn declares.

About Societe de la Tour Eiffel

A  listed  real  estate  investment  company  (SIIC) on NYSE Euronext Paris, the
company  pursues  a  strategy  focused  on  the ownership and the development of
quality  offices in Paris and  its region capable of  attracting a wide range of
tenants  in  both  established  and  emerging locations. The company's portfolio
stood at over 809 million Euros of assets as at 30 June 2013. Societe de la Tour
Eiffel is listed on NYSE Euronext Paris (compartment B) - ISIN code: 0000036816
- Reuters: TEIF.PA - Bloomberg EIFF.F. Indexes: GIEIF Foncières, IEIF Immobilier
France.

 
Press contact   www.societetoureiffel.com

 Jean-Philippe MOCCI

 Capmot

 Tel :+33 (0)1 71 16 19 13/+33 (0)6 71 91 18 83

 jpmocci@capmot.com


Société de la Tour Eiffel : judgement: http://hugin.info/143560/R/1743700/586612.pdf

[HUG#1743700]

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