Global City Holdings
Investor Relations


Current report No. 27/2015 dated 9 June 2015. Intention of the pension funds to subscribe for the sale in the tender offer

The Board of Directors of Global City Holdings N.V. with its corporate seat in Amsterdam, the Netherlands, (the “Company”) announces that the Company received on 8 June 2015 a letter from the following pension funds: (i) Nordea Otwarty Fundusz Emerytalny (holding 2,812,981 shares); (ii) Nordea Dobrowolny Fundusz Emerytalny (holding 1,032 shares); (iii) Otwarty Fundusz Emerytalny PZU Złota Jesień (holding 2,199,069 shares); (iv) Aviva Otwarty Fundusz Emerytalny Aviva BZWBK (holding 3,894,108 shares); (v) ING Otwarty Fundusz Emerytalny (holding 4,715,922 shares); and (vi) ING Dobrowolny Fundusz Emerytalny (holding 2,850 shares) (together, the "Pension Funds Coalition"), in which the Pension Funds Coalition stated its intention to subscribe for the sale of all of the shares held by it in the Company, in the tender offer announced by the Company, at a price of not less than PLN 47.70 without undue delay. The Pension Funds Coalition holds 13,632,588 shares representing 26.6% of the Company's share capital.


The original of the letter from the Pension Funds Coalition (together with its Polish translation) constitutes an attachment to this current report.