In relation to the current reports no 3/2011 and 4/2011 dated 19 January 2011 and 20 January 2011 the Management Board of Globe Trade Centre S.A. ("Company"), hereby announces that it received on 25 January 2011 from GTC Real Estate Holding B.V. (“GTC Holding”) an information on the final settlement on 25 January 2011 of sale of 35,100,000 shares in the Company representing 16.00% of the Company’s share capital and carrying 16.00% of all the voting rights at the general meeting of the shareholders of the Company. Following transaction, GTC Holding now holds 59,529,180 shares in the Company representing 27.14% of the Company’s share capital and which entitle their holder to exercise 27.14% of the votes at the General Meeting. Prior to the transaction, GTC Holding held 94,629,180 shares in the Company which represented 43.14% of the Company’s share capital and entitled their holder to exercise 43.14% of the votes at the General Meeting.

Additionally, the Company received information from the following members of its Supervisory Board: Yosef Grundfeld, Alon Shlank (resigned from the Supervisory Board with an effect on 20 January 2011), Alain Ickovics, Jan Slootweg, Walter van Damme (resigned from the Supervisory Board with an effect on 20 January 2011) that the above mentioned transaction was performed by the Company in which they sit on the Management Board.

Legal grounds: § 70 sec. 1 of Act on Public Offering

Signed by