MATEXI Polska Sp. z o.o. Al. Jana Pawła II 23 00-854 Warszawa T +48 653 92 92 F +48 653 92 93 www.matexipolska.pl NIP: 527-263-98-65 REGON: 142632744 KRS: 000368250 XII Commercial Division of the National Court Register 6.000.000 PLN Initial capital MATEXI ANNOUNCES THE NEXT LAND ACQUISITIONS AND START OF CONSTRUCTION OF ITS FIRST RESIDENTIAL PROJECT Warsaw, April 18th 2012 – MATEXI POLSKA has nominated the contractor for the excavation works for its project in Bemowo district in Warsaw and secured the land for the next projects all around Warsaw. Matexi Polska Sp. z o.o. has obtained the building permit for its first project in Warsaw at Górczewska 142 St. and has nominated the contractor for the excavation works. The construction of the project of 50 residential units with retail on the ground floor has already started. It will take a year to complete the building. The occupancy permit is expected in Q2 2013. “We are very excited because this is the first Matexi’s project in Poland” says Mirek Bednarek, the Country Manager of Matexi Polska, “We are convinced that this is a good project in a desirable location as we have many inquiries from the clients even though we haven’t started the sales yet” adds Mirek Bednarek. “We have been working very hard during last months and we are in a development process of two other projects, which we will introduce to the market in the coming months” Mr. Bednarek says. In 1Q 2012 Matexi has acquired a residential development site in Bielany district in Warsaw. The project will be a medium-scale residential estate for ca. 5.000 sq. m PUM with retail on the ground floor. The property holds a valid planning permit. Matexi has initiated the designing process and intends to start construction of the building within next 12 months. Moreover, Matexi has secured the site in Ursynów district for approx. 100 units project and plans to apply for the permit by the end of the year. “These acquisitions are another proof of the supply of the good investments sites in Warsaw and that even though the negotiations take time, it is worth to be patient and open for different scenarios” added Mirek Bednarek. As revealed, Matexi is working on the next acquisitions and hopes to introduce next projects to the market in the coming months. MATEXI Polska Sp. z o.o. Al. Jana Pawła II 23 00-854 Warszawa About Matexi Group T +48 653 92 92 F +48 653 92 93 www.matexipolska.pl NIP: 527-263-98-65 REGON: 142632744 KRS: 000368250 XII Commercial Division of the National Court Register 6.000.000 PLN Initial capital Matexi Group is a private holding company active in three areas: 1. Real Estate Development, through Matexi nv (development of residential areas) and Wilma Project Development nv (mixed inner-city construction projects); 2. Residential House Building, through Sibomat nv (environmentally friendly materials, timber frame construction), Entro nv (traditional construction methods) and Tradiplan nv (construction and renovation of villas, country houses and manor houses); 3. Investments, through Brufin nv, Quaeroq cvba and Depatri nv. The company's history stretches back to 1945 and, with its sound equity position, stable shareholdership, a highly qualified, motivated workforce and an efficient organisational structure, Matexi Group possesses the expertise and financial strength to be able to accomplish a large number of highly varied projects each year. These are concentrated in long-term investments in property projects and businesses. In 2010 Matexi Group delivered 883 housing units for total sales of € 251million. KEY FIGURES OF MATEXI GROUP 2006 2007 2008 2009 2010 TURNOVER MATEXI GROUP (in million euro) 200,8 234,3 219,7 253,1 247,6 TOTAL NUMBER OF HOUSES AND APARTMENTS 837 935 845 996 883