Strong growth of portfolio in first quarter and NSI expects higher direct result per share over full year 2008

Hoorn – The direct results of Nieuwe Steen Investments developed entirely as expected. The direct result in the first quarter of 2008 came to €0.34 per share and will entirely be paid out in cash as interim dividend. The office portfolio that Nieuwe Steen Investments has obtained in the end of March will contribute to the direct result as from the second quarter of 2008. As a result the company has raised the expectations for the direct result per share for the full year of 2008. For the full year of 2008 the company expects a direct result per share of between € 1.36 and €1.42 compared with €1.34 over 2007. As a result of various acquisitions home and abroad the portfolio enlarged with 17% in the first quarter of 2008. 
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Released on: 29 april 2008