Further update re Marina Dorcol

Kimberly Enterprises N.V.

("Kimberly" or the "Company")

Further update re Marina Dorcol

Further to the third quarter trading update announced on 29 November 2017, Kimberly Enterprises N.V., the AIM-listed Central and Eastern European property developer (KBE: L), is pleased to announce that, following the termination of the lease agreement between Marina Dorcol d.o.o ("MD") (a 95% owned subsidiary of the Company) with the Municipality of Belgrade (the "Municipality"), the Company has received €2.2 million in compensation from the Municipality in full and final settlement of the termination.

Notwithstanding the receipt of these funds, the Company's financial position remains weak. As at 30 September 2017, the Group had total liabilities amounting to €27.0m, which exceeded its total assets which amounted to €3.7m, and had negative equity of €23.3m.

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

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