Final valid building permit decision regarding the Ada Mall project in Belgrade 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”) Current report number: 2/2017 Date: 15 February 2017 Subject: Final valid building permit decision regarding the Ada Mall project in Belgrade The Management Board of Globe Trade Centre S.A. (“GTC”) hereby announces that on 14 February 2017 its fully owned subsidiary, GTC Commercial Development d.o.o., received confirmation that the a building permit for the construction of the Ada Mall shopping centre in Belgrade became legally binding. The above decision allows GTC to proceed with the development and construction of the Ada Mall project. Legal grounds: Article 17 section 1 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC – inside information. Signed by: /s/ Thomas Kurzmann /s/ Erez Boniel President of the Management Board Member of the Management Board Warsaw, Poland Sponsor: Investec Bank Limited Date: 15/02/2017 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.