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") informs the regulatory authorities and the public about the following: on 30.01.2013 the Company signed an Annex to the Contract with VEI Project AD dated 30.12.2011, according to which the parties have agreed that ICPD shall pay to VEI Project AD the remainder of the sale price of the properties, subject to the Contract, which as of 30.01.2013 amounts to EUR 841 989.39 incl. VAT, under the terms of a deferred payment as follows:

- Interest: 9% annually, which shall be accrued as of 01.02.2013 onwards;

- Term: 30.09.2016;

- Interest payments: monthly;

- Payment of the remainder of the sale price: in 9 equal monthly installments from January 2016 to September 2016.

Legal basis: § 17 Section 3 of the Alternative Trading System Rules NewConnect