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Creative Media & Community Trust Corporation Share Issue/Capital Change 2017

Nov 21, 2017

6737_rns_2017-11-21_0fdd485b-9010-4778-a8cd-ff7b7e647510.pdf

Share Issue/Capital Change

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CIM Commercial Trust Corporation (the "Company")

November 21, 2017

To To 22 Kanfei Nesharim 2 Ahuzat Bait 2 Jerusalem, Israel Tel Aviv, Israel

Israel Securities Authority The Tel Aviv Stock Exchange Ltd.

Re: Conversion Date

The Company announces that the Conversion Date (as defined in "Description of our Capital Stock and the Securities Offered" in the Company's prospectus dated November 16, 2017) will be November 22, 2017.

Yours Sincerely,

CIM Commercial Trust Corporation

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Creative Media & Community Trust Corporation — Share Issue/Capital Change 2017

6737_rns_2017-11-21_0fdd485b-9010-4778-a8cd-ff7b7e647510.pdf

CIM Commercial Trust Corporation (the "Company")

Re: Conversion Date

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Creative Media & Community Trust Corporation Share Issue/Capital Change 2017