32/2017 Conclusion of sale agreement of the rights and obligations of the general partner and a limited partner in subsidiary

The Management Board of CPD S.A. (the “Issuer”) announces that on 2 August, 2017, Issuer’s subsidiaries, Buffy Holdings no. 1 Ltd. with its registered office in Nicosia, Cyprus (the “Purchaser”) signed with Dobalin Trading & Investments Ltd with its registered office in Nicosia, Cyprus (the “Seller”) the sale purchase agreement 100% of the shares of Bolzanus Ltd (the “Company”) with its registered office in Warsaw.

The Company acquired has the right of perpetual usufruct, to a plot No. 119, No. rpm. Reg. No. 2-09-09, of an area of 22 394 m2 located near Gierdziejewskiego Street in Warsaw (Warsaw district – Ursus) (the “Property”). In accordance with the provisions of the Master Plan, most of the Property is predominantly designated for services and education as well as multi-family housing.

The transaction value is 4 620 000 (four million six hundred twenty thousand) PLN.

As a result of the transaction the corporate structure of the Issuer has changed.

Legal basis:

Article 17.1 MAR – Inside information

Signatures of persons representing the Company:

Elżbieta Donata Wiczkowska, President of the Board, 2 August, 2017

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