End of 2009 the average interest rate for our loan portfolio was 5.27% with a weighted maturity of 7.1 years (fixed interest periods). For the end of 2010 we expect the average interest rate at around 5.0% and the weighted maturity around 6.5 years. We will give an update on 29 April 2011 with the publication of the annual report.

In the next 5 years we have the following split for fixed interest periods respectively expiring loans:

This year we already renewed our credit line of €150 million, even if we did so just a few months ago: It now runs again for 3 years until February 2014. We agreed on lower margins with the banks. Of course you want to know more details on that, but please understand, that confidentiality was part of the new agreement.

To give you an impression about the advantages of current renewals: in 2011 we already prolonged a €81 million loan with a 10 years fixed interest period for 4.22%. The former interest rate was 5.65%.

At the moment our CFO discusses before maturity renewals of 7 loans with a total volume of approx. €240 million with the banks.