GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)

The Management Board of Globe Trade Centre S.A. ("Company") hereby announces that on 30 July 2018 it received three notifications of change of shareholding in the Company from Lone Star Real Estate Partners III, L.P., LSREF III GTC Investments B.V., and a wholly-owned subsidiary of the latter, GTC Dutch Holdings B.V.

Pursuant to the notifications on 24 July 2018 LSREF III GTC Investments B.V. contributed 298,575,091 shares in the Company (constituting 61.75% of the Company’s share capital and entitling its holder to 61.75% of votes at the Company’s general meeting) in kind to its wholly-owned (100%) subsidiary, GTC Dutch Holdings B.V., in exchange for newly-issued shares in GTC Dutch Holdings B.V., thus decreasing its direct shareholding in the Company to zero.

As of the date of the notifications, following the above transaction, GTC Dutch Holdings B.V. directly, and Lone Star Real Estate Partners III, L.P. and LSREF III GTC Investments B.V. indirectly (through GTC Dutch Holdings B.V.) hold 298,575,091 ordinary shares in the Company, which constitute 61.75% of the share capital of the Company and entitle their holder to 61.75% of votes at the general meeting of the Company.

Legal basis: Art. 70 point 1 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies of 29 July 2005

Warsaw, Poland

Sponsor: Investec Bank Limited