PRESS RELEASE

26.02.2010

Annual results as per 31 December 2009
PSP Swiss Property – Record operating results and proposal for a 8% higher cash distribution to the shareholders. Vacancy rate and EBITDA better than targeted. Optimistic outlook for 2010.

In the reporting year, PSP Swiss Property has improved its results considerably compared to last year: net income excluding changes in fair value increased by 9.6% to CHF 136.5 million (2008: CHF 124.5 million). Corresponding earnings per share excluding changes in fair value increased by 10.9% to CHF 3.26 (2008: CHF 2.94). At year-end 2009, NAV per share amounted to CHF 64.95, 5.0% higher than at year-end 2008 (CHF 61.83). The Board of Directors proposes a cash distribution of CHF 2.70 per share, 8% more than last year. This payment will again be in the form of a nominal value reduction. The overall vacancy rate was reduced to 7.5 % (end of 2008: 8.3%).

13.11.2009

Quarterly results as per 30 September 2009
PSP Swiss Property – Strong operating results and a solid capital structure underpin the Company’s strong market positioning.

For the reporting period January to September 2009, PSP Swiss Property has improved its results considerably compared to last year’s first nine months. Net income excluding changes in fair value increased by 9.7% to CHF 103.2 million (previous year’s period: CHF 94.1 million). Corresponding earnings per share excluding changes in fair value increased by 11.3% to CHF 2.47 (previous year’s period: CHF 2.22). As at the end of September 2009, NAV per share amounted to CHF 63.33, 2.4% higher than as at the end of 2008 (CHF 61.83). It should be noted that during this period a nominal value repayment of CHF 2.50 per share was made (June 2009). NAV before deducting deferred tax liabilities grew by 2.7% to CHF 73.92 (end of 2008: CHF 72.01).

18.08.2009

Half-year results as per 30 June 2009
PSP Swiss Property – Strong operating results and a solid capital structure allow for an improved 2009 full-year forecast concerning EBITDA and vacancy.

For the reporting period January to June 2009, PSP Swiss Property has improved considerably its results, compared to last year's first six months: net income excluding changes in fair value increased by 13.2% to CHF 68.4 million (first half of 2008: CHF 60.5 million). Including the revaluation gains of CHF 62.5 million, net income amounted to CHF 121.7 million (first half of 2008: CHF 116.5 million). Earnings per share excluding changes in fair value increased by 16.2% to CHF 1.65 (first half of 2008: CHF 1.42). As at the end of June 2009, NAV per share of CHF 62.37 was 0.9% higher than as at the end of 2008 (CHF 61.83). It should be noted that a nominal value repayment of CHF 2.50 per share was made in June 2009. NAV before deducting deferred tax liabilities grew by 1.6% to CHF 73.13 (end of 2008: CHF 72.01). Based on the outstanding half-year results and the positive outlook for the second half-year, the forecast for the entire business year 2009 has been raised (EBITDA excluding changes in fair value: approx. CHF 215 million; vacancy rate: approx. 8%).

15.05.2009

Quarterly results as per 31 March 2009
PSP Swiss Property – Strong results. Solid capital structure. Full year’s forecast confirmed.

For the reporting period January to March 2009, PSP Swiss Property has improved its results, compared to last year's first quarter: Net income excluding changes in fair value increased by 11.5% to CHF 33.5 million (first quarter 2008: CHF 30.0 million). Including the revaluation gains of CHF 4.5 million, net income amounted to CHF 37.0 million (first quarter 2008: CHF 30.4 million). Earnings per share increased by 23.6% to CHF 0.89 (first quarter 2008: CHF 0.72). As at the end of March 2009, the NAV per share of CHF 62.73 was 1.5% higher than as at the end of 2008 (CHF 61.83). NAV before deducting deferred tax liabilities grew by 1.5% to CHF 73.10 (end of 2008: CHF 72.01).

27.02.2009

Annual results as per 31 December 2008
PSP Swiss Property – Income and vacancy rate better than expected. Strong equity base and intact access to debt capital. Pro-posal for a higher distribution to shareholders. The Company is moderately positive for 2009.

In 2008, PSP Swiss Property has further increased its earnings compared to the previous year: net income excluding revaluation gains rose by 3.3% to CHF 124.5 million – corresponding to an improvement of earnings per share by 5.8% to CHF 2.94. The Board of Directors proposes a cash distribution of CHF 2.50 per share, 10 cents or 4.2% more than last year. Again, this payment will be in the form of a nominal value reduction. The vacancy rate was further reduced substantially to 8.3% (end of 2007: 10.6%).

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