, 15 November 2006

NEXITY INCREASES ITS PRESENCE IN THE WEST OF

Nexity acquired Eprim Ouest, one of the main property developers in the West of France, which results in Nexity becoming the leading operator in this region with a 9% market sh are (based on 2005 reservation s).

Alain Dinin, CEO of Nexity, states that “this acquisition is in line with our strategy to selectively increase the Group’s coverage of one of the most dynamic regions in France”. With one of the lowest unemp loyment rates in France, Brittany is also the country’s 6th most attractive region in terms of net migration trends.

This acquisition strengthens the presence of Nexity in Brest, Lorient and Rennes.

Eprim Ouest is currently operating 11 projects and has a land portfolio that includes more than 1,200 housing units for the 2007-2010 period. The acquisition paid for totally in cash should enhance EPS from the first year of acquisition, i.e. 2007, by more than 1%.

This developer carries out projects essentially in traditional housing for homebuyers and private investors. There are 22 staff members, including one of the former shareholders and managers Christophe Fénéon, who will continue to develop this structure.

ABOUT NEXITY Leading Fr ench r esidential and commercial r eal estate developer, Nexity also pr ovides r eal estate services to institutional and private investors. The combination of these r eal estate businesses enables Nexity to take part in complex urban regeneration projects. Residential real estate Nexity-Apollonia, Nexity-BMI, Nexity-Domaines, Nexity-Fér éal, Nex ity- Foncier Conseil, Nexity-Foncièr e Colysée, Nexity-Génér al Foy Investissement, Nexity-George V, Nexity-Seer i Commercial real estate Nexity-Commer ces (Retail facilities), Nexity-Entreprises (offices), Nexity -Investissement (Asset Management), Nexity-Geprim (War ehouses) Real estate services Nexity-Services and Nexity-Saggel Franchises networks Century 21 France, Guy Hoquet l'Immobilier Urban regeneration Nexity-Villes & Projets Subsidiaries in France 78 r egional subsidiaries or agencies International branch offices Nexity-Inter national ( Belgium, Spain, Italy and ) Nexity is listed in the SRD and ’s Compartment A Member of Indices: SBF80, SBF120, CACmid100, Next150 and MSCI Small Cap Fr ance Mnemo: NXI - Reuters Code: NXI.PA – Bloomberg Code: NXI FP Code ISIN: FR0010112524

NEXITY CONTACT

Press Contact Nexity : Guillaume Idier – Directeur de la communication /+ 33 (0)1 71 12 15 52 - [email protected] Odile Coupé - Directrice adjointe de la communication /+ 33 (0)1 71 12 11 90 - [email protected] Delphine Chandelle – Responsable communication / + 33 (0)1 71 12 10 92 - [email protected] Publicis : Stéphanie Tabouis /+ 33 (0)1 44 43 79 31 - [email protected]

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