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RomReal Ltd. M&A Activity 2017

Apr 3, 2017

8160_rns_2017-04-03_348b0d0c-ee76-49c3-96ad-4acb2fd17373.html

M&A Activity

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RomReal :Final pending Land Bank Sales Agreement concluded 31 March 2017

On 2nd January 2017, RomReal announced two conditional sales agreements totaling

gross EUR 17.75m before tax/sales commissions. Following the completion of the

EUR 15.1m Mamaia North sale on the 29 March 2017, the second pending Land Bank

sales Agreement, Morii Lake, was completed on Friday 31 March, 2017 for a gross

amount of EUR 2.65m as previously agreed.

The total price for Mamaia North is set to increase by another EUR 0.4m, if a

RomReal subsidiary is to win an on-going legal dispute with the local

municipality regarding 1,453 sqm part of the plot.

For further information please contact:

Harris Palaondas

Investor Relations

[email protected]

+40 731123037

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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RomReal Ltd. — M&A Activity 2017

8160_rns_2017-04-03_348b0d0c-ee76-49c3-96ad-4acb2fd17373.html

RomReal :Final pending Land Bank Sales Agreement concluded 31 March 2017

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RomReal Ltd. M&A Activity 2017