Klépierre's first quarter 2003 revenues confirm European expansion

Klépierre reported revenues of €92.2 million for the three months ended March 31, 2003, a 14.3% increase over the corresponding prior period. The quarterly performance attests to the increasing importance of Klépierre's shopping center portfolio, which now account for three-quarters of the Group's total revenues, and of international operations, which now generate one-quarter of total lease income.