CpiFim — Share Issue/Capital Change 2010

Apr 19, 2010

Orco Property Group S.A. – Completion of the Second Round of Capital Increase

Orco Property Group (the "Company") announces that the capital increase of 7.1 million EUR subscribed by Lansdowne Capital (an affiliate of SPQR Capital), Neptune Invest and Alandia Investissements, that was announced on April 12, 2010, was completed on April 16, 2010.

This capital increase was presented to the notary in Luxembourg on April 16, 2010, was approved and the Company's Articles of Association were amended. Accordingly, as of April 16, 2010, the corporate capital of Orco Property Group is set at 55,160,850.60 EUR represented by 13,453,866 shares without nominal value.

As such, 1,420,000 new ordinary shares issued by the Company (the "New Shares") for Lansdowne Capital (an affiliate of SPQR Capital), Neptune Invest and Alandia Investissements will carry the same rights (including voting rights) as the existing shares, ISIN LU0122624777.

The Company is preparing a prospectus for approval by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, so that the New Shares can be listed and admitted for trading on Euronext Paris, the Prague Stock Exchange, the Warsaw Stock Exchange and the Budapest Stock Exchange. Until the New Shares are listed and admitted for trading on Petra Zdenkova