Decisions of the Founding Assembly of Shareholders about initial increase of the capital of FairPlay Properties REIT.

With reference to publications in the State Gazette, issue 15/17.02.2006, and Dnevnik newspaper, issue 33/15.02.2006, as well as a decision of the Founding Assembly of Shareholders about initial increase of the capital of FairPlay Properties REIT-Sofia, BSE code – FPP, please be informed of the following:

On the grounds of Art. 3 in connection with Art. 5 of Annex 10 to the BSE Rules and Regulations, the BSE-Sofia has registered the following issue on the IPO Market of Other Securities:
– Issuer: FairPlay Properties REIT-Sofia
– Number of shares before the capital increase: 500,000
– Number of shares, offered for subscription: 150,000
– Nominal value: BGN 1.00
– Issuing value: BGN 1.00
– Exchange Member – underwriter performing the initial sale of rights: Capman AD
– BSE code of the rights issued on the IPO Market: R1FPP
– Number of the rights issued: 150,000
– Ratio between the rights issued and one new share: 1/1 (one right gives the opportunity for subscription to one new share)
– Initial date and final date of the offering for initial sale of rights on the Exchange: 27.02.2006 / 10.03.2006

On the grounds of Art. 9 in connection with Art. 10 of Annex 10 to the BSE Rules and Regulations, the BSE-Sofia has registered the following issue for trading on the Unofficial Market of Other Securities:
– Issuer: FairPlay Properties REIT-Sofia
– Number of shares before the capital increase: 500,000
– Number of shares, offered for subscription: 150,000
– Nominal value: BGN 1.00
– Issuing value: BGN 1.00
– Initial and final date for transferring of the rights: 27.02.2006 / 14.03.2006
– Initial date for subscription to shares: 27.02.2006
– Final date for subscription to shares of the increase: 05.04.2006
– Initial date for trading with rights on the Exchange: 27.02.2006
– Final date for trading with rights on the Exchange: 10.03.2006
– BSE code of the rights issued: R2FPP
– Number of the rights issued: 150,000
– Ratio between the rights issued and one new share: 1/1 (one right gives the opportunity for subscription to one new share)
– Exchange Member – underwriter authorized to administer the capital increase: Capman AD
– Bank, at which the accumulation account to be opened: United Bulgarian Bank AD

BSE-Sofia informs all brokers that the initial sale of the issue of rights for initial increase of the capital of FairPlay Properties REIT will start on 27.02.2006 through a Mixed Closed Auction organized by the Trading System. The respective BSE code R1FPP will be registered in the LIST listing. The auction will be carried out within the timeframe from 9:30 a.m. to 11:00 a.m.
The secondary sale of the rights for initial increase of the capital of FairPlay Properties REIT will start on 27.02.2006 at 9:30 a.m. till 1:00 p.m. The respective BSE code R2FPP will be registered in the UNEO listing.