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") announces that on 30.03.2011 the Company's Board of Directors took a decision for amendment of the Program of the Company for implementation of the internationally recognized standards for good corporate governance in order to update it with regard to the changes in the Bulgarian law which regulates the activity of the public companies.

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