14/2018 Conclusion of final share sale agreement at the company Bolzanus Limited

The Management Board of CPD SA (“Issuer“) informs that the subsidiary company of the Issuer Buffy Holdings no. 1 Ltd, with its registered office in Limassol in Cyprus (“Company“) 29^th of March 2018 has concluded final agreement for the sale of 100% shares in Bolzanus Limited based in Nicosia, Cyprus (“Agreement“) to Ronson Development sp. z o.o. (“Buyer“).

The company has the right to perpetual usufruct of the real estate, consisting of plot no. 119, no. registry number 2-09-09, with an area of ​​22,394 m2 and located near Gierdziejewski Street in Warsaw (Warsaw – Ursus district).

The share sale price has been set for PLN 10 million (“Price“).

The condition for concluding final sale agreement was the failure of the President of the Capital City of Warsaw to the right of first refusal to land plot no. 98/1 and 148/2, which are part of the transaction covered by this report, till 23^rd of March of 2018. In connection with the fact that the President of Capital City of Warsaw did not use the above right, the condition is considered fulfilled.

Other provisions of the contract concluded by the Seller do not differ from the standards commonly applicable to this type of contracts.

As a result of the transaction, the structure of the Issuer has changed.

Legal basis:

Article 17 para. 1 in zw. from art. 7 par. 1 a), para. 2 and 4 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directive 2003 / 124 / WE, 2003/125 / EC and 2004/72 / EC (“MAR Regulation”) in connection with art. 2 and 3 of Commission Implementing Regulation (EU) 2016/1055 of 29 June 2016 laying down implementing technical standards with regard to technical conditions for the proper public disclosure of confidential information and delaying the disclosure of confidential information in accordance with Regulation of the European Parliament and of the Council (EU) No. 596/2014 in conj. from art. 70 point 1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies. This current report contains confidential information within the meaning of art. 7 of the MAR Regulation.

Signatures of persons representing the Company:

Elżbieta Wiczkowska, President of the Board, 29^th of March 2018