Global City Holdings
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15

May

Current report No. 10 /2009 dated 15 May 2009: Repayment of credit provided by the Company in connection with settlement of sale of 30% interest in Rilon Bulgaria Jsc

With reference to the current report no. 7/2009 dated March 22, 2009, the Board of Managing Directors of Cinema City International N.V. with its corporate seat in Amsterdam, the Netherlands (the "Company") informs that on 15 May 2009 it has received the full amount of secured financing provided to one of the buyers of 30% interest Rilon Bulgaria Jsc, which buyer has committed in the agreement to repay the credit, together with interest thereon, within 45 days of the closing.


Legal grounds: Article 5:53 and subsequent of the Dutch Act of 28 September 2006 on rules regarding the financial markets and their supervision (Act on Financial Supervision – Wft.) in conjunction with Article 56.1.1 and article 56.6 of the Polish Act on Public Offerings, Conditions governing the Introduction of Financial Instruments to Organised Trading and on Public Companies of 29 July 2005