Deutsche EuroShop AG / Mergers & Acquisitions 07.01.2010 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Deutsche EuroShop acquires A10 Shopping Center near Berlin - EUR265 million investment - Seventeenth shopping center in the portfolio - ECE as partner to manage the center Hamburg, 7 January 2010 - The shopping center investor Deutsche EuroShop has acquired the A10 Center in Wildau near Berlin from the liquidator (Prof. Rolf Rattunde, law firm Leonhardt Westhelle & Partner) of the previous owner. The total investment, including planned modernization and new development (A10 Triangle) by 2011, will amount to EUR265 million. The acquisition of the A10 Center marks the 17th shopping center in Deutsche EuroShop's portfolio. ECE will be responsible for executing the new development as well as the rental and long-term management of the entire center. A long-term loan of EUR150 million will be provided by DG HYP Deutsche Genossenschafts-Hypothekenbank AG. 'After three years of restrained investment, we again saw an opportunity to acquire an attractive and profitable center for our portfolio', commented Claus-Matthias Böge, Executive Board Spokesman. 'A10 is one of the biggest and best known shopping centers in Germany. The A10 Triangle will give this top location a further boost. We therefore took advantage of the opportunity'. Olaf Borkers, CFO of Deutsche EuroShop, added, 'We are investing around EUR60 million in the A10 Triangle. It will not only offer around 11,000m² retail floor space, but will also create an estimated 400 new jobs, meaning that around 1,000 people will be employed at the center by 2011'. The A10 Center was opened in 1996. It currently has around 120 specialist retail units, all of which are let. Anchor tenants at the center include Real, Karstadt Sport, P&C, C&A, H&M, Esprit, MediMax and Bauhaus. The center currently has approximately 3,600 customer parking spaces. After opening of the A10 Triangle in spring 2011, the A10 Center will be home to around 180 shops, offering approx. 66,000m² of retail floor space; the number of parking spaces will be increased to around 4,000. Over 630,000 people live within a 30 minute radius of the A10 Center; the catchment area, which is directly to the South of the Berliner Ring in the district of Dahme-Spreewald, has excellent transport links and is close to Schönefeld Airport Berlin-Brandenburg-International (BBI, from 2011 BER Willy-Brandt Airport). Over 1.15 million people live within a 45 minute radius of the center. Conference call on the acquisition on 7 January 2010 Deutsche EuroShop will hold a conference call for analysts in English as a live webcast at http://www.deutsche-euroshop.de/ir at 11 a.m. on Thursday, 7 January 2010 (CET). Facts & Figures on the A10 Center (after completion of the A10 Triangle)

Location                                                           Wildau
DES shareholding                                                    100 %
Retail floor space in m²                                   approx. 66,000
Parking spaces                                              approx. 4,000
Number of shops                                               approx. 180
Jobs                                                        approx. 1,000
Occupancy rate (current)                                            100 %
Catchment area                                    1.15  million residents
Opened (new development)                               1996 (spring 2011)
Website                                                  www.a10center.de

Note to editorial staff You can request digital images by e-mail to ir@deutsche-euroshop.de Deutsche EuroShop - The shopping center company Deutsche EuroShop is the only public company in Germany to invest solely in shopping centers in prime locations. The MDAX-listed company currently has investments in 17 shopping centers in Germany, Austria, Poland and Hungary. Deutsche EuroShop AG Investor & Public Relations Patrick Kiss Oderfelder Straße 23 20149 Hamburg Tel. +49-(0)40-413579-20 Fax +49-(0)40-413579-29 E-Mail: ir@deutsche-euroshop.com http://www.deutsche-euroshop.com http://www.facebook.com/desag http://www.slideshare.net/desag http://www.twitter.com/des_ag ISIN: DE 000 748020 4 07.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Deutsche EuroShop AG Oderfelder Straße 23 20149 Hamburg Deutschland Phone: +49 (0)40 413 579-0 Fax: +49 (0)40 413 579-29 E-mail: ir@deutsche-euroshop.de Internet: www.deutsche-euroshop.de ISIN: DE0007480204 WKN: 748020 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------