Wereldhave Announces the Results of Its Invitation to Repurchase Outstanding Convertible Bonds Due 2014

Wereldhave Announces the Results of Its Invitation to Repurchase Outstanding
Convertible Bonds Due 2014

THE HAGUE, Netherlands, March 28, 2013 (GLOBE NEWSWIRE) -- Wereldhave N.V.
(the "Company") announced today the results of its invitation to holders of
its [Eur] 230,000,000 4.375% Convertible Bonds due 2014 (the "Notes") to
tender their bonds for purchase by the Company (the "Offer").

The Expiration Deadline for the Offer was 5.00 p.m. (CET) on 27 March 2013. As
at the Expiration Deadline, [Eur] 223,750,000 in aggregate principal amount of
the Notes had been tendered pursuant to the Offer. The Company has decided to
accept all Notes validly tendered in the Offer.

As the aggregate principal amount of Notes outstanding following the
settlement of the Offer (which is expected to take place on 2 April 2013) will
be less than 20 per cent. of the aggregate principal amount of the Notes
originally issued, the Company intends to give notice to the holders of the
Notes to redeem such outstanding Notes in whole at their principal amount plus
accrued interest in accordance with the terms and conditions of the Notes.

Wereldhave is very pleased with the outcome of this transaction which allows
it to reduce and optimise its debt position following the recently announced
asset disposals. Barclays Bank PLC acted as Lead Dealer Manager and Kempen &
Co N.V. as Co-Dealer Manager on this transaction. Lucid Issuer Services
Limited acted as Tender Agent.

Capitalised terms used in this announcement but not defined have the meanings
given to them in the tender offer memorandum dated 21 March 2013 (the "Tender
Offer Memorandum").

CONTACT:  Information for the press:
          Richard W. Beentjes
          E richard.beentjes@wereldhave.com
          T + 31 70 346 93 25
        
          Information for analysts:
          Jaap-Jan Fit
          E jaapjan.fit@wereldhave.com
          T + 31 70 307 45 43
 
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