Monthly information on apartments sales

The Management Board of Echo Investment S.A. (hereinafter referred to as the "Issuer") hereby reports that: - in April 2018 the Issuer and Issuer"s subsidiaries sold 81 apartments on the basis of preliminary contracts, compared to 86 apartments sold in April 2017; - the Issuer and Issuer"s subsidiaries have cumulatively sold 428 apartments on the basis of preliminary agreements since the beginning of 2018, while 343 units were sold on the basis of such agreements in coresponding period of 2017; - in April 2018 the Issuer and Issuer"s subsidiaries concluded 13 final contracts which transferred the ownership of apartments to clients, compared to 6 final contracts concluded in April 2017; - the Issuer and Issuer"s subsidiaries have cumulatively concluded 124 final agreements transferring ownership of apartments to clients since the beginning of 2018, while 100 such agreements were concluded in coresponding period of 2017. Legal basis: Art. 17 section 1 MAR – confidential information.