40/2013 Resignation of the Board Member of the Company

Board of Celtic Property Developments SA (the “Company”) announces that on 24 September 2013, he received the resignation of a Member of the Board of function.

Mr. Andrew Pegge, who is a Member of the Board of the Company, resigned effective at the end of September 24, 2013, Mr. Andrew Pegge did not give reasons for the cancellation.

Following the resignation of the above in the Management Board are two people which ensures correct representation and conducting the Company’s affairs in accordance with the provisions of the Articles of Association of the Company.

Legal basis
§ 5. 1 Section 21 of the Ordinance of the Minister of Finance on current and periodic information.

Signatures of persons authorized to represent the Company:
1. Elżbieta Donata Wiczkowska, Board Member, September 24, 2013
2. Piotr Turchonski – Proxy, September 24, 2013