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RomReal Ltd.

Related Party Transaction Jul 10, 2015

8160_iss_2015-07-10_48e98179-cc09-4f44-85cc-f40cbeadf9a2.html

Related Party Transaction

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RomReal : Sale of plot and related party transaction disclosure.

RomReal : Sale of plot and related party transaction disclosure.

RomReal's Board has agreed a sale of 1,956 square meters of the Balada Market

property (total area 7,188 square meters) in Constanta. The price agreed is EUR

275 per square meter and in line with the most recent Knight Frank IFRS

valuation.

RomReal is expected to collect the net price of about EUR 537,900 meaning that

any VAT and/or commissions will be covered by buyer. The bulk of the proceeds

from this potential sale are projected to reduce the Alpha Bank loan.

The present cash flow stream from the Balada market is not expected to be

affected significantly from this potential sale since the land in question is

part of the market's parking space and does not affect the operation of the

market.

The aforementioned sale is considered by the Company as a related party

transaction since RomReal and Westhouse Group CEO, Mr. Kay Thorkildsen, is

taking part with a 40% stake in the consortium that is making the purchase

offer. The Company is taking all the appropriate steps to ensure that this

transaction is done at an arm's length principle and in a transparent manner.

The disposal is in line with the Company's strategy and the Board is confident

further transactions to materialize.

For further information please contact:

Harris Palaondas

Investor Relations

[email protected]

www.romreal.com

+40 731123037

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1936299]

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