Current Report No. 38/2013: Conclusion of Sale Agreement with IREEF - Galeria Kazimierz PropCo spółka z ograniczoną odpowiedzialnością (formerly Nellia Sp. z o.o.) for sale of Galeria Kazimierz shopping mall

In reference to current report No. 27/2013 dated 4 October 2013, the Management Board of Globe Trade Centre S.A. ("GTC") informs, that on 20 December 2013, Havern Investments spółka z ograniczoną odpowiedzialnością spółka komandytowo-akcyjna with its seat in Warsaw, a subsidiary of GTC, signed a final sale agreement with IREEF - Galeria Kazimierz PropCo spółka z ograniczoną odpowiedzialnością with its seat in Warsaw (formerly Nellia Sp. z o.o.), part of Invesco Group, for sale of Galeria Kazimierz shopping mall located in Kraków at a price, attributable to GTC based on its 50% shareholding interest, of Euro 90,191,693 (approx. PLN 375,666,440) (i.e. total price of Euro 180,383,386 (approx. 751,332,879 PLN).

The agreement has been designated as significant, since its value exceeds 10% of GTC`s own capital.

Legal grounds: § 5 sect. 1 item 3 of the Regulation issued by the Ministry of Finance on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-EU member states dated 19 February 2009

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