Gecimed: Quarterly Disclosure at September 30, 2009

http://www.businesswire.com/news/home/20091104006108/en

PARIS--(Business Wire)--
Regulatory News:

Consolidated rental income ( € 000') sept 30, 09 sept 30, 08 Change (%)
First quarter 10,453 8,888 +17,6%
Second quarter 10,496 9,011 +16,5%
Third quarter 11,000 9,434 +16,6%

Nine months revenues 31,949 27,333 +16,9%

Consolidated revenues came to 31.9 million euros at September 30, 2009, compared
with 27.3 million euros at September 30, 2008, representing an increase of
16.9%, linked in particular to the contribution made by the Villemomble,
Clermont-Ferrand, Castera-Verduzan and La Roche-sur-Yon clinics and retirement
homes, brought into operation over the last nine months and generating 1.6
million euros in rental income. These four facilities are operated by the Medica
France and Orpea Groups.

Based on a constant number of facilities, rental income growth comes out at
11.1%, due to the indexing of lease agreements and the 0.8 million euros in
additional rental income from clinic extensions.

Gecimed`s (Paris:GECM) property holding is made up of 37 facilities in operation
and one facility that is under construction: Hôpital Privé de l`Estuaire in Le
Havre, of which development is moving forward well and which is scheduled to be
brought into operation at the beginning of 2010.

Cash flow for the period shows strong growth, driven by the increase in rental
income and the decrease in financial expenses. Following the capital increase,
net debt represents 431 million euros, down 24 million since June 30, 2009.

About Gecimed

Gecimed, a 98.5%-owned subsidiary of Gecina, is the first property management
company devoted exclusively to medical real estate. Gecimed`s mission is to
develop a real estate asset base of healthcare and medico-social facilities,
with 38 clinics and dependent elderly facilities to date, representing a total
of more than 4,800 beds, leased to leading operators.

www.gecimed.fr

French limited company (société anonyme) with a share capital of 159,021,954
euros

Registered office: 16, rue des Capucines - 75002 Paris - France

Paris trade and company register: 320 649 841

Gecimed contacts
Laurence Chalmet
Tel: +33 (0)1 40 40 52 22
Régine Willemyns
Tel: +33 (0)1 40 40 62 44
or
Press contact
KEIMA Communication
Alix Hériard Dubreuil
Tel: +33 (0)1 56 43 44 62
alix.heriard@keima.fr

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