Public information on the fulfilment of the public offer condition of Griffin Premium RE.. N.V. for the West Link and ROFO Transactions

Pursuant to the Company's current report no. 5/2017 of 14 March 2017 ("the Original Report"), the Management Board of Echo Investment S.A. (the "Company") hereby announces that on 19 April 2017 the Company was informed by Griffin Premium RE .. N.V. ("Griffin Premium") that the first public offer of Griffin Premium"s shares on the Warsaw Stock Exchange generated a net income of minimum EUR 28 mln for Griffin Premium. Therefore: 1) the ROFO Contract entered into force; and 2) one of the conditions precedent of the conclusion of the Final Share Sale Contract concerning the West Link transaction was fulfilled. Other conditions precedent (which need to be fulfilled) of the conclusion of the Final Share Sale Contract concerning the West Link Transaction are presented in the Original Report. Capitalized terms not defined in this report carry the meaning assigned to them in the Original Report. Legal basis: Article 17 section 1 MAR – confidential information