Global City Holdings
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10

Jan

Current report No. 01/2014 dated 10 January 2014

Cinema City International N.V. (the “Company”) hereby discloses the inside information, the disclosure of which has been delayed pursuant to Article 57.1 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies dated 29 July 2005.

The Company announces that on 19 November 2013 it submitted to the Polish Financial Supervision Authority a notification regarding the delay in the disclosure of the inside information together with a justification thereof, and undertook to publish a report regarding such event by 31 January 2014.

The inside information, the disclosure of which has been delayed, regarded the conduct by the Company of negotiations with Cineworld Group plc (“Cineworld”) concerning the sale by the Company to Cineworld of the Company's cinema business. On 19 November 2013 the negotiations reached such an advanced stage that it could reasonably be expected that they would result in the execution of the transaction.

Legal grounds: Article 5:25(h) and following of the Dutch Act on Financial Supervision dated 28 September 2006 (Wft) and Article 56.1 in connection with Article 56.6 of the Polish Act on Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies dated 29 July 2005.