Gecina: Paris, December 12th, 2007

Regulatory News: Mr. Joaquin Rivero Valcarce has provided GECINA (Paris:GFC) with the following information: "I confirm that the individual declarations relative to executive shareholdings made successively on November 29th, 2007 and December 5th, 2007 and published by the French securities regulator (Autorité des marchés financiers, AMF) on December 4th and 11th, 2007 respectively concerning the GECINA shares held directly and indirectly by Mr. Rivero came to a total of 11,086,813 shares, representing 17.8% of GECINA’s capital and voting rights. This number of shares is consistent with the disclosure threshold declaration made by Mr. Rivero on December 4th, 2007. These GECINA shares do not come from acquisitions of shares, but are the result of Metrovacesa’s public exchange offer paid for with GECINA shares, as finalized on November 27th, 2007, and in line with the Separation Agreement of February 19th, 2007 (available online at www.gecina.fr)”.