23/2012 Admission of C series shares to the listing on the Warsaw Stock Exchange and their conditional registration in the National Depository for Securities

The Management Board of CELTIC PROPERTY DEVELOPMENTS S.A. („the Company”, „the Issuer”) hereby announces, that on 27 July 2012 the Company received the resolution No. 739/2012 („the Resolution”) of the Management Board of the Warsaw Stock Exchange („the Stock Exchange”) from 27 July 2012 on the admission and introduction to trading on the parallel market of 163.214 C series ordinary bearer shares of the Company with the nominal value of 10 groszy (0,10 PLN) each („the Shares”).

In accordance with the Warsaw Stock Exchange’s resolution No. 739/2012 and the National Depository for Securities’ resolution No. 556/12, on 31 July 2012 163.214 of C series ordinary bearer shares of CELTIC PROPERTY DEVELOPMENTS S.A., coded PLCELPD00013, with a nominal value of 10 groszy (0,10 PLN) each, shall be accepted to the listing on the parallel market under an ordinary procedure, provided the registration of these Shares and their codification PLCELPD00013 are done by the National Depository for Securities on 31 July 2012.
Legal basis: Art. 34.1.2 of the Decree of Minister of Finance dated 19th of February 2009 on current and periodic information published by issuers of securities and conditions for recognizing as equivalent information required by law of non-member state.

Signatures of persons entitled to representation:
1. Elżbieta Donata Wiczkowska, Member of the Management Board, 27 July 2012
2. Aled Rhys Jones, Member of the Management Board, 27 July 2012.