New Coefficients to update the acquisition value of Spanish Real Estate assets (2012)

14 Sep New Coefficients to update the acquisition value of Spanish Real Estate assets (2012)

New Coefficients to update the acquisition value of Spanish Real Estate assets. For the transfers of real estate (not linked to economic activities) that take place during year 2012, the coefficients of update of the value of acquisition of such assets will be the following ones:

Year of acquisition Coefficient

1994 & before              1.3037

1995                           1.3773

1996                           1.3302

1997                           1.3037

1998                           1.2784

1999                           1,2554

2000                           1.2313

2001                           1.2071

2002                           1.1834

2003                           1.1603

2004                           1.1375

2005                           1,1151

2006                           1.0933

2007                           1.0719

2008                           1.0509

2009                           1.0303

2010                           1.0201

2011                           1.0100

2012                           1.0000