Globalworth Regulatory News (GWI)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Globalworth Real Estate Investments Limited

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

York Capital Management Global Advisors, LLC

4. Full name of shareholder(s)  (if different from 3.):iv

York Global Finance Offshore BDH (Luxembourg) S.á.r.l.

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

30 June 2016

6. Date on which issuer notified:

1 July 2016

7. Threshold(s) that is/are crossed orreached: vi, vii

26%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

16,357,813

16,357,813

16,770,113

0

16,770,113

0

26.6

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

16,770,113

26.6

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

York Capital Management Global Advisors, LLC is a SEC registered investment adviser. It controls York Global Finance Manager, LLC, which is the senior managing member of York Global Finance Offshore BDH, LLC, which is the 100% shareholder of York Global Finance Offshore BDH (Luxembourg) S.à.r.l, which in turn is the shareholder in the Issuer.

The voting rights in the Issuer are ultimately controlled by York Capital Management Global Advisors, LLC.

York Capital Management Global Advisors, LLC's investment decision-making process is generally not controlled by any single natural person. Depending on the investment, one or more portfolio managers, analysts, principals or other senior investment professionals may be involved in the making of an investment decision, including whether to buy or sell or how to vote certain securities.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Mark Schein

15. Contact telephone number:

+1 212 300 1300