This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

6 April 2021

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Temporary closure of retail shopping centre

Arricano announces that the Zaporizhzhia local government itself announced on 2 April, in response to the continuing COVID pandemic, temporary restrictions on customer access to retail shopping centres from 3 April until further notice.

As a result, stores, other than hypermarket, pharmacy and some other essential stores, in Arricano's City Mall shopping centre in Zaporizhzhia will be closed over this period.

A further announcement will be made when businesses are allowed to re‐commence.

Enquiries:

Arricano Real Estate plc

Tel: +357 25 582 535

Ganna Chubotina

Nominated Adviser and Broker:

WH Ireland Limited Chris Fielding Tel: +44 (0)20 7220 1666

Financial PR:

Novella Communications Limited Tim Robertson/ Fergus Young 

Tel: +44 (0)20 3151 7008