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

9 April 2021

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Temporary closure of retail shopping centres

Further to the announcement dated 18 March 2021, Arricano announces that the restrictions regarding customer access to Kyiv retail shopping centres, which had been due to expire today, have been extended until further notice.

As a result, apart from hypermarkets, pharmacies and some other essential stores, outlets in Arricano's Prospekt, Rayon and City Mall centres remain closed until further notice.

Its other shopping centres, however, are trading normally.

A further announcement will be made when the centres are allowed to re‐open fully.

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