The Management Board of Globe Trade Centre S.A. (“Company”), hereby informs that on 12 March 2013 the Romanian Chamber of Deputies has approved an Ordinance no. 114/2007, which provides that it will not be possible to designate for other use any lands that are currently classified as green areas. This law is pending upon promulgation by the Romanian President and publishing in the Official Journal. For as long as the law is valid in its current adopted version it does not allow GTC Group to develop land plot in Bucharest, that was intended for shopping mall project (Galleria Bucharest) and is currently classified as green area. The plot is presented in the Company’s financial statements in the amount of €20.4 million (at cost). The Company is examining the legal, accounting and economic implications of such approval. The adoption of the Emergency Ordinance no. 114/2007 last week in its current form (i.e. without any amendments) was not possible to predict as previous reports have suggested that the ordinance should be approved with amendments in order to allow change of destination of green areas being held in private ownership.

Legal basis: § 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 2005.