INVL Baltic Real Estate

Earnings Release • May 12, 2015

Key information about INVL Baltic Farmland, AB for 3 months of 2015

About INVL Baltic Real Estate, AB

The public joint-stock company INVL Baltic Real Estate was established on 29 April 2014 on the basis of a part of assets split-off from Invalda LT, AB.

INVL Baltic Real Estate seeks to earn from investments in commercial real estate, ensuring the growth of rental income. The companies of INVL Baltic Real Estate have invested in an office, warehouse, manufacturing real estate objects in Lithuania and Latvia. Group companies have about 51,700 sq. m of the real estate space.

Shares of INVL Baltic Real Estate are listed on NASDAQ Vilnius stock exchange since 4 June 2014.

Real estate objects owned by group companies of INVL Baltic Real Estate, AB in Vilnius (Lithuania)

Real estate objects owned by group companies of INVL Baltic Real Estate, AB in Riga (Latvia)

Simplified group structure of INVL Baltic Real Estate, AB

Key figures of INVL Baltic Real Estate, AB group as of 31 March 2015

E U R i l l ion ( i f n d o he ise ) t s ta te t m o rw
d c Ma na g e om mo n a rea	5 1, 6 7 6 s q. m
d r l a Ma ta na g e en rea	4 0, 5 0 0 s q. m
T he l e lue * ta te re a s va	3 3. 8 5
lue f he loa d for ies in ia Va t te La tv o ns g ran co mp an	2 4. 1
de he b lea Lo -te t u t t ng rm p rep ay me n n r su se ag ree me n	0. 8 3
h Ca s	0. 4 3
O he t ts r a sse	0. 6 1
A S S E T S	3 9. 8 4
Eq i ty u	1 4. 7 7
fro d i ins i ion Lo t t tu t an s m cre s	1 1 9 5.
fro l da Lo Inv L T an s m a	5. 2 7
fer d l b l De tax ia i i ty re	3. 6 1
Pro is ion v s	0. 3 3
O he b les t r p ay a	0. 6 7

* Value estimated based on appraiser's assessment at the end 2014.

Income of INVL Baltic Real Estate, AB group as of 31 March 2015

E U R i l l ion m
In co me	1. 4 1
l fro b ta inc j ts ren om e m ow n o ec	0. 6 6
l fro d by l ta inc ty ien ts ren om e m p rop er ow ne c	0. 4 2
he t inc o r om e	0. 3 3
f i be fo Pr t ta o re x	0. 3 2
Ne f i t p t ro	0. 2 8