Management Board of Globe Trade Centre S.A. ("GTC") informs, that on 4 October 2013, GTC Galeria Kazimierz Sp. z o.o., a subsidiary of GTC, signed a Preliminary Sale agreement with Nellia Sp. z o.o., part of Invesco Group, for sale of Galeria Kazimierz shopping mall located in Kraków (“the Agreement”) at a price, attributable to GTC based on its 50% shareholding interest in GTC Galeria Kazimierz Sp. z o.o., of approx. 90 million euro (approx. 378,945,000 PLN) (i.e. total price of approx. 180 million euro – (approx. 757,890,000 PLN).

The Agreement contains conditions precedent among others: receipt of a decision of the President of the Office of Competition and Consumer Protection (Polish: Prezes Urzędu Ochrony Konkurencji i Konsumentów) which grants the unconditional consent for consummation of the transaction envisaged in the Agreement, obtaining by the Purchaser tax ruling and the issuance of consent by the financing bank for conclusion of transaction in accordance with the Agreement.

The parties to the agreement provided for contractual penalties in the amount of 5 million euro (approx. 21,052,500 PLN), excluding the possibility of claiming damages exceeding the contractual penalty amount.

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