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/ / / 11 DES Interim report for the first half of 2012 in € thousand Domestic International Total Segment assets 2,894,342 349,590 3,243,932 (previous year’s figures) (2,874,224) (350,901) (3,225,125) of which investment properties 2,768,665 343,357 3,112,022 (previous year’s figures) (2,763,626) (343,206) (3,106,832) Other disclosures Dividend A dividend of € 1.10 per share was distributed on 22 June 2012 for the financial year 2011. Responsibility statement by the Executive Board To the best of our knowledge, and in accordance with the applicable reporting principles for interim financial reporting, the interim consol- idated financial statements give a true and fair view of the assets, liabili- ties, financial position and profit or loss of the Group, and the interim management report of the Group includes a fair review of the develop- ment and performance of the business and the position of the Group, together with a description of the principal opportunities and risks asso- ciated with the expected development of the Group for the remainder of the financial year. Hamburg, August 2012 Claus-Matthias Böge Olaf Borkers SEGMENT REPORTING As a holding company, Deutsche EuroShop AG holds equity interests in shopping centers in the European Union. The investees are pure shelf com- panies without staff of their own. Operational management is contracted out to external service providers under agency agreements, meaning that the companies’ activities are exclusively restricted to asset management. The companies are operated individually. Due to the Company’s uniform business activities within a relatively homogeneous region (the European Union), and in accordance with IFRS 8.12, separate segment reporting is presented in the form of a breakdown by domestic and international results. As the Group’s main decision-making body, the Deutsche EuroShop AG Executive Board largely assesses the performance of the segments based on the EBIT of the individual property companies. The valuation principles for the segment reporting correspond to those of the Group. Intra-Group activities between the segments are eliminated in the rec- onciliation statement. In view of the geographical segmentation, no further information pur- suant to IFRS 8.33 is given. The previous year’s figures have been restated in the reconciliation state- ment for earnings before tax (EBT). Breakdown by geographical segment in € thousand Domestic Inter national Recon ciliation Total Revenue 92,652 11,604 0 104,256 (previous year’s figures) (79,552) (11,541) (0) (91,093) in € thousand Domestic Inter national Recon ciliation Total EBIT 83,735 10,784 -3,297 91,222 (previous year’s figures) (70,386) (10,348) -(2,378) (78,356) in € thousand Domestic Inter national Recon ciliation Total Net interest income -28,093 -3,711 -810 -32,614 (previous year’s figures) -(27,140) -(3,797) -(313) -(31,250) in € thousand Domestic Inter national Recon ciliation Total Earnings before tax (EBT) 47,856 5,870 -6,517 47,209 (previous year’s figures) (38,147) (5,489) -(4,830) (38,806)

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