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16/2013 Information about the rate of reduction in the share buyback.

Board of Celtic Property Developments SA (the Company) hereby announces that, in connection with announced on 27 March 2013 Invitation to Tender Sale of Shares of the Company, pursuant to which the Company proposed to acquire up to 1,732,394 shares of ordinary bearer shares ISIN code PLCELPD00013 (“Shares”), for the period for receipt of tenders for the Shares held from 3 to 9 April 2013, accepted 39 offers amounting to a total of 15,575,542 shares of the Company.

On April 11, 2013, the Company has decided to accept all offers of Shares and make them proportional reduction carried out in accordance with the principles set out in the Invitation. Because the offers amounted to more than the number of shares offered by the Company of 1,732,394 shares, each offer will be reduced by an average of 88.88%, which means that the Company will acquire an average of 11.12% Shares offered for sale.

Acquisition of Shares by the Company, will take place as soon as the settlement ie 15 April 2013, of which the Company will inform the relevant current report.
Specific legal basis: § 5. 1 Section 6 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information.

Signatures of persons authorized to represent:

1. Elżbieta Donata Wiczkowska, Board Member, April 12, 2013
2. Piotr Sylwester Turchoński, Proxy, April 12, 2013

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