The Management Board of Globe Trade Centre S.A. (the" Issuer", the "Company") hereby reports that on 30 October 2012 it invited certain, selected institutional investors who were the bondholders of the bonds issued by the Company in 2007 and 2008 of nominal value of PLN 100,000 each bond (of which the Company informed in the current reports no. 26/22007 of 25 April 2007 and no. 20/2008 of 15 May 2008 and together the "Existing Bonds") to prolong the maturity of some of the Existing Bonds and submitted to them proposal to acquire new bonds to be issued by the Company in exchange for some of the Existing Bonds.

As a result of the acceptance by such investors of the proposals to acquire, on 31 October 2012 the Company issued 2058 bearer, unsecured bonds in uncertified form in the total nominal value of PLN 205,800,000 (the "Bonds"). The nominal value and the issue price of one Bond is PLN 100,000. The bonds will be redeemed in 1/3 of their nominal value on 30 April 2017, on 31 October 2017 and on their final maturity date i.e. 30 April 2018. The interest on the Bonds payable semi-annually is based on the 6M WIBOR and a 4% p.a. margin. The objective of the issue is to effectively prolong the maturity of mainly these Existing Bonds which are maturing in 2014. The liabilities of the Company (standalone) as of the last day of calendar quarter preceding the day of submission of the proposal to acquire the Bonds equaled to approx. PLN 1,484,008,000. The Company expects that the value of the Company's liabilities should remain at the level enabling the Company to service payments under the Bonds in a timely manner until the final maturity date of the Bonds and that the ratio of the net financial debt to assets will not exceed 70% (with the net financial debt determined based on the figures disclosed in the most recently published, consolidated financial statements of the Company, prepared in the euro, in accordance with IFRS).

In connection with the above and with the aim of extending the maturity of its financial indebtedness under the Existing Bonds, the Company, acting on the basis of the resolution of its management board and supervisory board purchased from the bondholders of the Existing Bonds, 2520 Existing Bonds issued in 2007 and 250 Existing Bonds issued in 2008 (together the "Purchased Bonds") for the purpose of redemption, and the Purchased Bonds were redeemed following the purchase thereof. The purchase price of 2058 Purchased Bonds, equal to its nominal value has been set off against the issue price due from the entities subscribing for the Bonds. The average price of remaining 712 of the Purchased Bonds amounted to approximately 98% of its nominal value.

The Company plans to list the Bonds on the alternative trading market by the end of January 2013.