Company hereby corrects the spelling mistake in the name of lender that was in the current report no 30/2015 dated 18 August 2015. Published name of lender was Pekao Investment Banking S.A and the correct name of the lender is Bank Polska Kasa Opieki S.A.

Correct contents of current report should be:

The management board of Globe Trade Centre S.A. (“GTC”) hereby announces that on 17 August 2015, Centrum Światowida Sp. z o.o., with its registered seat in Warsaw (the “Centrum Światowida”), a subsidiary of GTC, signed a credit facilities agreement with Bank Polska Kasa Opieki S.A, with its registered seat in Warsaw (“Pekao”), concerning financing and refinancing of total project costs of the construction of Galeria Północna located at ul. Światowida in Warsaw, the district of Białołęka (the “Project”) (the “Agreement”).

Under the Agreement, Pekao granted Centrum Światowida two credit facilities:

      i.        a construction loan facility for the amount of up to EUR 116,000,000 (the “Construction Loan”);

     ii.        an investment loan facility for the amount of up to EUR 150,000,000 or up to EUR 175,000,000, subject to the satisfaction of a condition precedent indicated in the Agreement (the “Investment Loan” and, together with the Construction Loan, the “Loans”).

The purpose of the Loans is to finance or refinance the project costs of the Project. Centrum Światowida is required to pay interest at a rate of 3M EURIBOR increased by applicable margin. The Loans will mature 7 years after drawdown; however, not later than by 31 December 2024. The Loans shall be repaid in quarterly instalments with a balloon repayment of the remaining loan principal at maturity date.

The Loans will be secured, inter alia, by standard security instruments for such loans, including among others: (i) mortgage to be established over the Project asset; (ii) a registered pledge over the shares in Centrum Światowida; (iii) the registered pledge over Centrum Światowida’s bank accounts, (iv) the assignment of receivables, rights under insurance policies and rights under claims against the general contractor; and (v) a cost overrun guarantee.

Under the Agreement, among other things, the following event may result in the default of the Agreement and may trigger the enforcement of security established under the Agreement: (i) failure to pay amounts when due; (ii) failure to comply with financial covenants; (iii) material adverse effect; (iii) sale of property related to the Project or change of Borrower’s ownership without the prior written consent of Pekao. Events of default are customary for this type of facility.

The above-described Agreement is subject to a number of standard conditions precedent. The terms and conditions of the agreement do not differ from the generally applied standards for this type of agreement.

For reporting purposes, in order to identify material agreements GTC uses the criterion stated in §2 section 1.44 a) of the Regulation (as defined below), i.e. the threshold of 10% of the value of GTC’s equity. The Agreement meets the materiality criterion defined above.

Legal basis: Article 56 sec. 1 and sec. 2 of the Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies dated 29 July 2005, as amended and Article §5.1.3) and §9 of the Regulation of the Minister of Finance regarding current and interim reports published by issuers of securities and the conditions for finding as equivalent the information required by the laws of a non-member state dated 19 February 2009, as amended.