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ECHO POLSKA PROPERTIES N.V. - Further update on Zakopianka Shopping Centre acquisition

Release Date: 14/12/2016 11:30
Code(s): EPP     PDF:  
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Further update on Zakopianka Shopping Centre acquisition

ECHO POLSKA PROPERTIES N.V.
(Incorporated in the Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
(“EPP” or “the company”)


FURTHER UPDATE ON ZAKOPIANKA SHOPPING CENTRE ACQUISITION


Shareholders are referred to the announcement released by EPP on 12 December 2016, regarding the conclusion of a
preliminary agreement to acquire 100% of the equity in EPISO 3 Zakopianka sp. z o.o (the “acquired entity”) that is the
holder of leasehold rights that entitle the acquired entity to all rental income derived from leases concluded by tenants
occupying premises within Zakopianka retail park (the “Centre”) other than those portions of the Centre leased to
owner occupied Carrefour and Castorama stores (“the transaction”).

EPP would like to confirm that the transaction is expected to close on 20 April 2017 and that the company anticipates
being in a position to fully fund the transaction through a combination of debt and the recycling of assets and
accordingly will not be required to raise equity capital (although it would not rule out the possibility of doing so if
appropriate).

About Echo Polska Properties

Echo Polska Properties is a Dutch dual listed real estate investment company that follows the REIT formula, investing
in commercial office, retail and industrial properties throughout Poland. With a current portfolio that
includes 10 office and 11 retail projects totalling 636 170 m², our initial portfolio is highly diversified. The buildings
are located in 13 major cities across the country, characterized by their strong economy, purchasing power and ability
to attract international investment interests. Our goal is to create Poland’s leading cash-generating platform of
well-performing office, retail and industrial assets that will deliver consistently high returns to our shareholders. More
information on www.echo-pp.com.


JSE sponsor and Corporate Advisor
Java Capital

LuxSE Listing Agent
M Partners

14 December 2016

More information:

Magda Cieliczko, Marketing Director Echo Polska Properties,
Mobile: +48 603 203 619
magda.cieliczko@echo-pp.com

Java Capital, JSE Sponsor
Phone: +27 11 722 3050

M Partners, Luxembourg Listing Agent
Phone: +352 263 868 602

Jacques de Bie, South Africa, Investor Relations, Singular Systems IR
Mobile: +27 (0)82 691 5384

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