Alma – delicatessen

Establishing of mortgage

Report number: RB 11/2010   Report created: 2010-09-06  

The Board of Directors of Alma Market SA informs, that on day 06th September 2010 the subsidiary company Kraków1-AM1 spółka z ograniczoną odpowiedzialnością sp.k. has informed, that the company has obtained a notification from Register of Deeds Division of the District Court in Kraków Podgórze concerning the registration of mortgage security on day 24th August 2010. The security takes form of registration of the contractual collective mortgage in the amount of PLN 25 million and the contractual bail collective mortgage to the amount PLN 3 million to BRE Bank SA.
 
This security has been established in connection with the granted by the BRE Bank SA previous given investment loan. The company has informed about the loan in current stock report No 50/2008. There are no capital or personal affiliations between BRE Bank SA and the issuer.
 
The subject of security in the form of right to perpetual usufruct of immovable properties located in Kraków together with ownership of buildings set up on these properties constitutes investment assets of subsidiary company - Kraków1 -AM1 spółka z ograniczoną odpowiedzialnością sp.k. The value of subject of security in accounting register of this company amounts PLN 81,5 million. The criteria for recognizing the assets as the significant ones is the value of the property exceeding 10% of Alma Market SA’s equity.