Announcement on commencement of public offer

The Management Board of HB Reavis Finance PL Sp. z o.o. (“HBRF”) announces about commencement of public offer, on the basis of Article 9 Sec. 1 of the Bond Act of 29 June 1995 (consolidated version in Journal of Laws No. 120, Item 1300), of up to 30.000 of bonds Series B with nominal value of EUR 1.000 each. Issued Bonds will be secured by second ranking mortgage over the real property located in Warsaw consisting of plots of land Nos. 33/3, 33/4, 33/5 and the statement on the provision of suretyship to be executed by HB Reavis Holding S.à r.l.

On 24 June 2014 KDPW adopted a resolution No. 573/14 about registration up to 30.000 series B Bonds. Subscription period is planned on 24-25 June 2014 and Issue Date is planned on 27 June 2014.

Bonds are offered to professional investors within the meaning of Act on Trading in Financial Instruments dated 29 July 2005 (consolidated version in Journal of Laws No 183, Item 1538) or investors with minimum subscription amount of EUR 100.000.

Legal basis:

-§ 4 of Annex 3 to the Rules of the Alternative Trading System organized by BondSpot S.A.