Re-opening of Shopping Centre

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

6 May 2021

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Re-opening of Zaporizhzhia Shopping Centre

Further to the announcement dated 29 April 2021, Arricano announces that the restrictions regarding customer access to Zaporizhzhia retail shopping centres, will expire on 7 May 2021. As a result, Arricano's City Mall shopping centre will start trading normally tomorrow.

As a result, all of Arricano's shopping centres will be fully re-opened for business.

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