Buyback of ordinary shares

Further to the share buyback program announced on 19 November 2007, Unibail-Rodamco S.A. announces that: * on 19 November 2007, it purchased 80,000 Unibail-Rodamco S.A. ordinary shares at the price of euro 137.538 per share, * on 20 November 2007, it purchased 40,000 Unibail-Rodamco S.A. ordinary shares at the price of euro 139.729 per share, * on 21 November 2007, it purchased 65,000 Unibail-Rodamco S.A. ordinary shares at the price of euro 141.2615 per share. About Unibail-Rodamco Unibail-Rodamco is the leading listed Pan-European commercial property company with a portfolio valued at ¤ 23.9 billion[1], Unibail-Rodamco is active in three sectors: shopping centers, offices, and convention & exhibitions. The group has a clear focus on high quality commercial properties with a competitive edge in their respective markets, due to size, performance, location and reputation. Unibail-Rodamco actively invests in and manages its dominant assets at premier locations throughout Europe. The group serves customers in 14 countries across Europe and employs over 1,600 people. Unibail-Rodamco has a listing at Euronext Paris and Euronext Amsterdam. Please visit the company's website: www.unibail-rodamco.com For further information, please contact: Corporate Communication Investor Relations Arie Bos Vivienne van Asten - de Leeuw +31 (0)20 658 25 00 +31 (0)20 658 25 00 Maxence Naouri Fabrice Mouchel +33 1 53 43 75 47 +33 1 53 43 73 03 --- End of Message --- Unibail Rodamco P.O. Box 1233 Rotterdam Netherlands ISIN: FR0000124711; Listed: Compartment A (Large Caps) in EURONEXT AMSTERDAM;