The Management Board of Globe Trade Centre S.A. ("GTC"), hereby informs that on 17 October 2011 it has signed Head of Terms with Allianz Group, represented by Allianz Real Estate Germany Gmbh ("AREG"), regarding sale of Platinum Business Park in Warsaw, which consist of four completed buildings with a total of aprox. 44,000 sqm, one building under construction ("building No.5") consisting of 11,000 sqm and a site with building permit for another building consisting of 13,800 sqm ("building No.6"). Pursuant to the Head of Terms signing of the final agreement is subject to satisfactory due diligence of AREG and approval of Allianz Group’s Investment Committee and GTC’s Supervisory Board. Potential sale of the buildings 5 and 6 is dependent on the achieved leasing and construction thresholds. The Buildings' final price will reflect an investment yield of 6.7% on the net operating income of each building. GTC expects that upon the transaction approval and closing, the sale of Buildings 1-4 will generate free cash of approximately EUR 40 million. Additionally, under full occupancy at the agreed threshold assumption, the sale of each of Buildings No. 5 and No. 6 will free approximately EUR 10-13 million cash from each transaction. If all conditions are met, the closing of the first transaction is expected to take place in December 2011, of Building No. 5 sale- by the third quarter of 2012, and the sale of Building No. 6 during 2013.

Legal grounds: § 56. sect. 1 item 2 of the Act on public offering and the terms for introduction of financial instruments to organized trading and on public companies, dated 29 July 200.,

Signed by:

/s/ Witold Zatoński

Member of the Management Board

/s/ Jacek Wachowicz

Member of the Management Board