Identification
Symbol
SELER
ISIN code
FR0004175842
Trading location
Paris
ICB
Real Estate
Issuer website
http://www.selectirente.com
Operation
IPO date
IPO type

<p>
Global Placement and Fixed Price Offer</p>

IPO price
38.50 euros
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

<p>
Common conditions for Global Placement and Fixed Price Offer - Indicative offer price : 38.50 euros - The first share price will set of the offer and will take account of the demand expressed in the Global Placement. The final price will be set on October 3rd, 2006 after centralisation of the OPF and should be published in a notice that same day. The final share price may be set outside the above-mentioned range. - If the global demand does not represent at least 75% of the capital increase, operation will be cancelled and the orders will be void. - The final number of shares offered in Global Placement and OPF will be fixed in accordance with the nature and the importance of the demand. Characteristics of the Global Placement Before first quotation, a portion of the shares will be distributed under the Global Placement comprising a public placement in France and outside the France except the United States of America. - Number of shares: 187,013 shares (90% of the Offer) - Underwriters: Invest Securities Characteristics of the Fixed Price Offer The OPF is meant mainly for individuals, investing legal entities and mutual funds. - Number of shares: 20,779 shares (10% of the total offered shares number) with a maximum of 41,558 shares (20% of the total offered share number).</p>

Operation description
Operation calendar

<p>
- Period of the Placement : from September 20th, 2006 to October 3rd, 2006 (noon) (The Global Placement can be closed without advance notice) - Period of the OPF: from September 20th, 2006 to October 2nd, 2006 (17:00) - First quotation: October 3rd, 2006 - Beginning of trading: October 9th, 2006</p>

Broker to issue

<p>
SOCIETE GENERALE</p>