Regulatory News:

As of 30 December 2011, the following resources were available for transactions under the liquidity contract with Rothschild & Cie Banque:

? 25,750 shares

? ?493,432.00 in cash

Resources available as of 30 June 2011 were as follows:

? 6,875 shares

? ?1,179,108.00 in cash.

With an exceptional portfolio of properties valued at ?3.2 billion including transfer costs, essentially located in the Paris Central Business District, SFL (Paris:FLY) is a preferred vehicle for investors wishing to invest in the Paris office and retail property market. As the leading player in this market, the Group is firmly focused on pro-actively managing high-quality property assets. SFL has elected to be taxed as an SIIC since 2003.

STOCK MARKET:
Euronext Paris Compartment A - Euronext Paris ISIN FR0000033409 - Bloomberg: FLY FP - Reuters: FLYP PA

RATING S&P: BBB- stable

Company
SFL
Nicolas Reynaud
Phone: + 33 (1) 42 97 01 65
n.reynaud@fonciere-lyonnaise.com
or
Communication
INFLUENCES
Media contact: Catherine Meddahi
Phone: + 33 (1) 44 82 67 07
c.meddahi@agence-influences.fr