Terrafina Announces Exercise of Greenshoe Option as a Result of Successful Global Offering

Terrafina (“Terrafina”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by Prudential Real Estate Investors and dedicated to the acquisition, development, lease and management of industrial real estate properties in Mexico, announced today the exercise of the total greenshoe option of real estate certificates (“CBFIs”) of the underwriters who participated in Terrafina’s global offering.

The greenshoe option was exercised as a result of a successful global offering that was completed on September 18, 2014, where 50% of the CBFIs were placed in Mexico and 50% in the international markets; this offering was 3x oversubscribed from institutional demand.

Underwriters have exercised the total overallotment option in relation to 28,887,708 CBFIs. Settlement will take place on September 24, 2014.

This press release is not an offer for sale of the securities in the United States, and the securities may not be offered of sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Terrafina does not intend to register any part of the offering, or conduct a public offering, in the United States.

About Terrafina

Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the central, Bajio and northern regions of Mexico. It is internally managed by highly qualified industry specialists, and externally advised by PREI®.

Terrafina owns 230 real estate properties, including 217 developed industrial facilities with a collective GLA of approximately 31 million square feet and 13 land reserve parcels, designed to preserve the organic growth capability of the portfolio.

Terrafina’s objective is to provide attractive risk-adjusted returns for the holders of its certificates through stable distributions and capital appreciations. Terrafina aims to achieve this objective through a successful performance of its industrial real estate and complementary properties, strategic acquisitions, access to a high level of institutional support, and to its management and corporate governance structure. For more information, please visit www.terrafina.mx.

About Prudential Real Estate Investors

PREI is a leader in the global real estate investment management business, offering a broad range of investment vehicles that invest in private and public market opportunities in the United States, Europe, the Middle East, Asia, Australia and Latin America. Headquartered in Madison, N.J., the company also has offices in Atlanta, Chicago, Miami, New York, San Francisco, Frankfurt, Lisbon, London, Luxembourg, Munich, Paris, Abu Dhabi, Mexico City, Hong Kong, Seoul, Singapore, Sydney, and Tokyo. The company also has a representative presence in Rio de Janeiro. PREI has gross assets under management of USD $59.3 billion (US$43.7 billion net assets), as of June 30, 2014. For more information, please visit www.prei.com.

About Prudential Financial, Inc.

Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2014, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.

Forward Looking Statements

This document may include forward-looking statements that may imply risks and uncertainties. Terms such as "estimate", "project", "plan", "believe", "expect", "anticipate", "intend", and other similar expressions could be construed as previsions or estimates. Terrafina warns readers that declarations and estimates mentioned in this document, or realized by Terrafina’s management imply risks and uncertainties that could change in function of various factors that are out of Terrafina’s control. Future expectations reflect Terrafina’s judgment at the date of this document. Terrafina reserves the right or obligation to update the information contained in this document or derived from this document. Past or present performance is not an indicator to anticipate future performance.

Contacts:

Contacts in Mexico City:
Terrafina
Francisco Martinez,+52 (55) 5279-8107
Investor Relations Officer
francisco.martinez@terrafina.mx
or
Angel Bernal, +52 (55) 5279-8109
Chief Financial Officer
angel.bernal@terrafina.mx
or
Contacts in New York:
i-advize Corporate Communications, Inc.
Maria Barona, +1 212-406-3691
mbarona@i-advize.com
or
Juan Carlos Gomez Stok, +1 646-462-4517
jgomezstolk@i-advize.com

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