Trading Update

Kimberly Enterprises N.V.

("Kimberly" or the "Company")

Trading Update

Further to the announcement of interim results on 29 August 2013, the Company's financial condition remains weak.

The Company announced the sale of the fourth stage of the Safranka project on 19 June 2013 and the sale of the Zabki project on 7 November 2013. Both projects were owned by Arces International B.V. ("Arces"), a 50% owned joint venture between the Company and Heitman LLC. The proceeds of the disposals are yet to be distributed by Arces to the joint venture partners, and consequently the disposals have yet to have a positive impact on the Company's working capital position. The Company continues to negotiate with its joint venture partner to agree the distribution of the proceeds. The Company also expects to be able to announce further project disposals in the next few months.

The Company therefore continues to rely on the financial support of its parent company group.

Further announcements will be made in due course.

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