GTC - Globe Trade Centre S.A. — Capital/Financing Update 2017

Oct 31, 2017

Subject:Change of the rights attached to the bonds issued by theIssuer

With reference to current report No. 44/2012 dated 31 October 2012,current report No. 46/2012 dated 5 December 2012 and current report No.6/2017 dated 2 May 2017, the Management Board of Globe Trade Centre S.A.(the "Issuer" or the "Company") announces that 2,942 bearer, unsecuredbonds issued in 2012 in uncertified form, with a nominal value of PLN66,666.67 each (initial nominal value amounted to PLN 100,000) and witha total nominal value of PLN 196,133,343.14 (the "Bonds") were subjectto partial redemption in 1/3 of their nominal value on 31 October 2017,in accordance with and on the basis of the terms and conditions of theBonds.

Following the partial redemption, the interest amount on the Bonds willbe calculated taking into account the nominal value of each Bond, asdecreased by the redemption amount to PLN 33,333.34. The Bonds will besubject to further partial redemption in 1/3 of their original nominalvalue on 30 April 2018 (date of full redemption).

Legal basis: § 5.1.10 of the Regulation of the Minister of Finance dated19 February 2009 on current and periodic information published byissuers of securities and on the conditions under which such informationmay be recognized as being equivalent to information required by thelaws of a state which is not a member state.