Deutsche EuroShop AG / Key word(s): Miscellaneous 07.01.2016 09:32 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Deutsche EuroShop: valuation gain expected to be EUR260 million Deutsche EuroShop AG is forecasting a pre-tax contribution to earnings of EUR260 million (previous year: EUR89.7) from the valuation of investment properties for 2015 from unrealised and non-cash changes in market values. Of this amount, approximately EUR215 million (previous year: EUR77.0 million) came from the results of the Group companies and approximately EUR45 million (previous year: EUR12.7 million) from the valuation gain of companies shown in the financial result, which are accounted for using the equity method. The positive result is primarily due to the shopping center investment class, which remains attractive and helped to significantly drive up prices in 2015. The valuation gain of investment properties is subject to change, as additional items relative to the valuation may come to light during the compilation of the annual report and the auditor's report. 07.01.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Deutsche EuroShop AG Heegbarg 36 22391 Hamburg Germany Phone: +49 (0)40 413 579-0 Fax: E-mail: ir@deutsche-euroshop.de Internet: www.deutsche-euroshop.de ISIN: DE0007480204 WKN: 748020 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------