Intercapital Property Development ADSIC, a company incorporated and conducting business in the Republic of Bulgaria, registered with the Commercial Registry by the Bulgarian Registration Agency under number EIK 131397743, having its seat and registered address in Sofia, 7a Aksakov Street, floor 4 (hereinafter referred to as "ICPD"), would like to inform the supervisory bodies and the public about the following: a change has occurred in the members of the Board of Directors of the Company on 15.10.2013, namely: the members of the Board of Directors has been reduced from three to two members due to decease of the third member - Temenuga Ivanova. The Board of Directors will undertake all necessary actions for convening and holding of an extraordinary General Meeting of the shareholders of the Company for election of new member in the term, provided by the law.

Legal basis: § 17 Section 4 of the Alternative Trading System Rules NewConnect