Increase in the capital of FairPlay Properties REIT.

With reference to publications in the State Gazette, issue 64/08.08.2006, and in the Dnevnik daily, issue 153/08.08.2006, about an increase in the capital of FairPlay Properties REIT-Sofia, BSE code – FPP, please be informed of the following:

– Number of shares before the capital increase: 25,350,000 shares
– Number of shares, offered for subscription: 25,350,000 shares
– Nominal value: BGN 1.00 per share
– Issuing value: BGN 1.00 per share
– BSE code of the rights issued: R4FPP
– Number of the rights issued: 25,350,000
– Ratio between the rights issued and new shares (right/shares): 1/1
– The capital shall be increased only if 10,000,000 shares at least have been subscribed to and paid
– Every person might subscribe to at least 1 new share and at most to the number of shares equal to the respective number of the rights acquired and/or held
– Initial and final date for transferring of the rights: 17.08.2006 / 01.09.2006
– Initial date for subscription to shares: 17.08.2006
– Final date for subscription to shares of the increase: 27.09.2006
– Initial date for trading with rights on the Exchange: 17.08.2006
– Final date for trading with rights on the Exchange: 30.08.2006
– Date of the Auction pursuant to Art. 112b (7) of the POSA: 11.09.2006
– Exchange member authorised to administer the capital increase: Somoni 2001
– Bank, with which the accumulation account to be opened: United Bulgarian Bank
– The right to participate in the capital increase shall be entitled to all shareholders who have acquired their shares within seven (7) days following the announcement in the State Gazette at latest, i.e. as of 15.08.2006 (Record date).
– The final date for transacting shares of this company on the BSE-Sofia, in result of which the holder will have the right to participate in the capital increase, will be 11.08.2006 (respectively Ex date: 14.08.2006).