DGAP-News: CPI PROPERTY GROUP

DGAP-News: CPI PROPERTY GROUP obtains merger clearance for the acquisition of ORCO Property Group

DGAP-News: CPI PROPERTY GROUP / Key word(s): Mergers & Acquisitions CPI PROPERTY GROUP obtains merger clearance for the acquisition of ORCO Property Group

25.08.2016 / 18:05 The issuer is solely responsible for the content of this announcement.

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CPI PROPERTY GROUP (société anonyme) 40, rue de la Vallée L-2661 Luxembourg R.C.S. Luxembourg: B 102 254

PRESS RELEASE Luxembourg, 25 August 2016

CPI PROPERTY GROUP obtains merger clearance for the acquisition of ORCO Property Group

CPI Property Group announces that the Czech Office for the Protection of Competition granted a merger clearance for the acquisition of ORCO Property Group by CPI Property Group.

On 2 August 2016, CPI Property Group filed with the Office for the Protection of Competition a request to obtain merger clearance concerning the acquisitions made on 8 June 2016, resulting in obtaining of direct and indirect ownership by CPI Property Group of approximately 97.31% share capital of ORCO Property Group, a public limited liability company (société anonyme) incorporated under the laws of Luxembourg and registered with the Luxembourg Trade and Companies Register (RCS) under number B 44 996 ("ORCO").

The Office for the Protection of Competition granted the merger clearance for the acquisition of ORCO by CPI Property Group on 22 August 2016, whereas its decision became final and binding on 23 August 2016.

For details concerning the mandatory takeover bid over any and all of the ordinary shares of ORCO, please refer to the press releases published by CPI Property Group on 8 June and 5 August 2016.

For further information please contact:

Kirchhoff Consult AG Andrew Stammler Herrengraben 1 20459 Hamburg T +49 40 60 91 86 18 F +49 40 60 91 86 60 E andrew.stammler@kirchhoff.de

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25.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language: English Company: CPI PROPERTY GROUP 40, rue de la Vallée L-2661 Luxembourg Grand Duchy of Luxembourg Phone: +352 264 767 1 Fax: +352 264 767 67 E-mail: contact@cpipg.com Internet: www.cpipg.com ISIN: LU0251710041 WKN: A0JL4D Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------

496059 25.08.2016