Euro Disney S.C.A. Reports a Significant Real Estate TransactionBy Euro Disney S.c.a., PRNE
Sunday, July 25, 2010
MARNE-LA-VALLÉE, France, July 26, 2010 - Euro Disney S.C.A. (the "Company"), parent company of Euro
Disney Associés S.C.A. ("EDA"), operator of Disneyland(R) Paris, announces a
significant real estate transaction.
Under the 30 year main agreement signed with the French public
authorities in 1987, the Euro Disney Group is responsible, together with the
French public authorities, for the planning and development of approximately
2,000 hectares including and surrounding the Resort. This area includes the
Val d'Europe region, an economic hub east of Paris.
In June 2010, EDA recognized EUR 47 million on the sale of the
property underlying the Val d'Europe Mall to Klépierre and its partner, AXA
(the "Buyers"). This property had previously been subject to a long-term
ground lease between EDA and the Buyers.
Next Scheduled Release: Third Quarter Announcement on August 10, 2010 Additional Financial Information can be found on the internet at corporate.disneylandparis.com Code ISIN : FR0010540740 Code Reuters : EDL.PA Code Bloomberg : EDL FP
The Group operates Disneyland(R) Resort Paris which includes:
Disneyland(R) Park, Walt Disney Studios(R) Park, seven themed hotels with
approximately 5,800 rooms (excluding approximately 2,400 additional
third-party rooms located on the site), two convention centers, Disney(R)
Village, a dining, shopping and entertainment centre, and a 27-hole golf
course. The Group's operating activities also include the development of the
2,000-hectare site, half of which is yet developed. Euro Disney S.C.A.'s
shares are listed and traded on Euronext Paris.
Press Contact Laurent Manolouglou Tel: +331-64-74-59-50 Fax: +331-64-74-59-69 e-mail : firstname.lastname@example.org Investor Relations Olivier Lambert Tel: +331-64-74-58-55 Fax: +331-64-74-56-36 e-mail : email@example.com Corporate Communication Jeff Archambault Tel: +331-64-74-59-50 Fax: +331-64-74-59-69 e-mail : firstname.lastname@example.org
Press Contact:Laurent Manolouglou, Tel: +331-64-74-59-50, Fax: +331-64-74-59-69, e-mail : laurent.manologlou at disney.com; Investor Relations: Olivier Lambert, Tel: +331-64-74-58-55, Fax: +331-64-74-56-36, e-mail : olivier.lambert at disney.com; Corporate Communication: Jeff Archambault, Tel: +331-64-74-59-50, Fax: +331-64-74-59-69, e-mail : jeff.archambault at disney.com
Tags: Euro Disney S.c.a., France, July 26, Marne-la-vallée