ECHO POLSKA PROPERTIES N.V. - Acquisition of the Blackstone managed retail property portfolio

Acquisition of the Blackstone managed retail property portfolio

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


ACQUISITION OF THE BLACKSTONE MANAGED RETAIL PROPERTY PORTFOLIO


Shareholders are referred to the announcement released on SENS and the Luxembourg Stock Exchange website on
1 February 2017, wherein shareholders were advised of the conclusion of a preliminary acquisition agreement relating to
the acquisition by EPP of 4 Polish retail properties for an aggregate consideration of €166.57 million.

Shareholders are advised that EPP has completed, on an unconditional basis, the acquisition of 100% of the equity of
Klodzo Retail LLC, Zamosc Retail LLC and Wloclawek Retail LLC, which own Galeria Twierdza in Klodzo , Galeria
Twierdza in Zamosc and Galeria Wzorcownia in Wloclawek respectively. The aggregate purchase consideration for these
3 properties is €141.60 million.

By agreement with sellers, the acquisition of the equity in Kalisz Retail LLC, which owns Galeria Teçza in Kalisz, has
been omitted from the transaction due to antimonopoly concerns raised by the Polish Office of Competition and
Consumer Protection arising from EPP’s ownership of the Galeria Amber Kalisz shopping centre also located in Kalisz.

14 June 2017


JSE Sponsor
Java Capital

LuxSE Listing Agent
M Partners

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, LuxSE 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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