MEAG acquires office property in Paris

On May 24th 2007 MEAG has purchased the office property MINERALIS in Montrouge near Paris from a fund of the Carlyle Group. The building was completed in 2006 and has a total surface of about 15.000 sqm and offers 300 underground parking spaces. It is located in a central spot of Montrouge, which is a well-established office location with direct connection to the southern periphery of Paris.

Mineralis was purchased for the real estate fund MEAG EURO PRO. This institutional fund invests in office buildings located in major European cities. The yield of the MEAG EURO PRO was 8.7 % in the fiscal year 2006.

In the process of transaction MEAG was advised by Catella Property.

MEAG MUNICH ERGO AssetManagement GmbH in Munich is the asset manager for Munich Re and ERGO Insurance Group. With offices in New York and Hong Kong, MEAG has an international orientation and also manages the assets of clients outside the Munich Re Group. MEAG currently manages assets to the value of around € 184 billion, of which around € 13 billion are held in real estate.

Munich, 1 June 2007

Contact:
Dr. Josef Wild
Telephone: +49 89 | 2489 -2072
Fax: +49 89 | 2489 -2075
Email: JWild@meag.com