UNIBAIL-RODAMCO 

Paris, Amsterdam, November 20, 2017

Press Release

Unibail-Rodamco SE: Redemption of the ORNANEs 2012 on January 2, 2018

In accordance with the securities notice dated September 11, 2012 ("Autorité des Marchés Financiers" - review #12-440), the net share settled bonds convertible into new shares and/or existing shares (ORNANEs) issued in 2012 (ISIN code FR0011321330) mature on January 2, 2018.

If the Conversion Right has not been exercised by the ORNANEs holders by December 1, 2017, the ORNANEs will be redeemed on January 2, 2018, at par value, €217.28 per ORNANE plus interest accrued since the last Interest Payment Date.

The ORNANEs holders have until December 1, 2017 included to submit their exercise notice to their financial intermediaries.

For each Conversion Right duly exercised, section 4.16.3.1.1-(b) of the securities notice referenced above shall apply (amount in cash and in new share(s)).

As of November 20, 2017, the Conversion Rate is 1.23 and 35,820 ORNANEs are outstanding.

The ORNANEs will be delisted from Euronext Paris on December 28, 2017.

For further information, please contact:

Investor Relations
Paul Douay
+33 1 76 77 58 02
paul.douay@unibail-rodamco.com

Media Relations
Caroline Bruel
+33 1 53 43 57 94
caroline.bruel@unibail-rodamco.com

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe's largest listed commercial property company, with a presence in 11 EU countries, and a portfolio of assets valued at €42.5 billion as of June 30, 2017. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its 2,000 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.
The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the FTSE4Good and STOXX Global ESG Leaders indexes.
The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor's and Fitch Ratings.
For more information, please visit our website: www.unibail-rodamco.com