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28 May 2012

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France's Klépierre boosts equity by E190m in stock dividend

Shareholders in French shopping centre REIT/SIIC Klépierre have accepted, by a majority of 84.6% of voting rights, the proposed payment of the 2009 dividend in stock. This allows it to increase equity by E189.5m via the issuance of 7.6m new shares or 4.2% of issued equity.

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