- Cancellation of Bonds

On 30 March 2011 PAVI Shopping Complex plc announced that it repurchased €538,938 worth of the 7% PAVI Shopping Complex plc Bonds 2014-2017 in the market on 24th and 25th March 2011 at 102% and subsequently cancelled them. The outstanding nominal balance of these bonds has been reduced to €10,319,496. This was done in accordance with the Company’s Prospectus dated 28 September 2007.