PAVI Shopping Complex plc - Cancellation of bonds

Tuesday, March 1st, 2011

On 1 March 2011 PAVI Shopping Complex plc announced that it repurchased €8,380 worth of the 7% PAVI Shopping Complex plc Bonds 2014-2017 in the market on 8 February 2011 and subsequently cancelled them. The outstanding nominal balance of these bonds has been reduced to €10,858,434. This was done in accordance with the Company’s Prospectus dated 28 September 2007.

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