05-01-2017

Current report no. 1/2017

Information on the number of apartments sold in Q4 2016

The Management Board of Echo Investment S.A. (hereinafter referred to as the 'Issuer') hereby reports that:

- In Q4 2016 the Issuer and Issuer's subsidiaries sold 422 apartments on the basis of preliminary contracts (compared to 248 apartments sold in Q4 2015).
- In 2016 the Issuer and Issuer's subsidiaries have sold 925 apartments on the basis of preliminary contracts (compared to 591 apartments sold from Q1 to Q4 2015).

- In Q4 2016 the Issuer and Issuer's subsidiaries concluded 65 final contracts which transferred the ownership of apartments to clients (compared to 157 such contracts concluded in Q4 2015)

- In 2016 the Issuer and Issuer's subsidiaries have concluded 451 final apartment sales contracts (compared to 400 final contracts concluded from Q1 to Q4 2015).

Legal basis: Art. 17 section 1 MAR - confidential information

Echo Investment SA published this content on 05 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 January 2017 11:22:08 UTC.

Original documenthttp://www.echo.com.pl/en/investor-relations/reports/current-reports/4553/

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