CFI: Financial Information for the Quarter Ended 31 March 2010.

PR Newswire/Les Echos/

French Société Anonyme (limited liability company) with a capital 
of EUR25,626,720
Registered offices: 72, Rue du Faubourg Saint Honoré, 75008 Paris
Paris Company Registry No. 542 033 295

               Financial year: 1 January to 31 December 2010

          FINANCIAL INFORMATION FOR THE QUARTER ENDED 31 MARCH 2010

CONSOLIDATED FIGURES (excluding VAT, in thousands of euros) 

                                                      Cumulative
                                                  From          From
                                              1 Jan. 2010    1 Jan. 2009
                       1st quarter 1st quarter    to             to
                           2010       2009   31 Mar. 2010   31 Mar. 2009
Revenues of which
- Rental income           3,272      1,675         3,272        1,675
- Management fees            28         14            28           14
            Total         3,300      1,689         3,300        1,689

Revenues during the quarter consisted mainly of rental income and, to a lesser
extent, management fees, in relation to the portfolio of twelve cinema
properties let to UGC Ciné Cité which was acquired by CFI-Compagnie Foncière
Internationale in February 2009.

Rental income for the first quarter amounted to EUR3,272 thousands. This figure
is not comparable with that of the first quarter of 2009, which included no
rental income before 13 February, the effective date of the abovementioned
acquisition. However, on a proforma basis, first quarter rental income was up
by 2% (EUR3,272 thousands compared with EUR3,208 thousands for proforma Q1
2009) due to contractual rental indexation with effect from 1 January 2010. We
note that this indexation, which provides downside protection in the current
rental market, will again be applied on 1 January 2011, after which the ILC
(commercial rental index) will apply.

The other key drivers determining consolidated results for the first quarter
were not meaningfully different from those in the previous quarter. The next
property appraisal valuation, together with any potential resulting changes in
fair value, will not take place until 30 June.

The same applies to the balance sheet structure as measured by the usual
financial ratios;for more details please refer to the information published on
the Company's website www.cfi-france.com 

               Investor Relations: [email protected]

                        Tel. +33 (0)1 40 07 81 03

   72, rue du Faubourg Saint-Honoré 75008 Paris / Tél. 01 40 07 81 03 / 
                  Fax. 01 40 07 85 12 / www.cfi-france.com

   Société Anonyme au capital de 25 625 720 euros - 542 033 295 R.C.S /
                               FR 45 542 292
                      
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