26/2011 Change of the name of the subsidiary company

The Management Board of CELTIC PROPERTY DEVELOPMENTS S.A. (“The Company”) announces that today it was informed that the subsidiary company Liliane Investments sp. z o.o. with a registered office in Warsaw (company registered in the National Court Register under the number 0000246186) has received the decision of the District Court for the Capital City of Warsaw in Warsaw, XII Commercial Division of the National Court Register, regarding the registration of the change of the company name from Liliane Investments sp. z o.o. to Celtic Asset Management sp. z o.o.

Legal basis:
Article 56.1.2 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to an Organized Trading and Public Companies, dated 29 July 2005 – Current and periodical information.

Signatures of the persons entitled to representation:
1. Christopher Bruce, Member of the Board, 8 December 2011
2. Elżbieta Wiczkowska, Member of the Board, 8 December 2011