Global City Holdings N.V. with its corporate seat in Amsterdam, The Netherlands, gives notification that on 7 January 2015 the Company received from Nordea Powszechne Towarzystwo Emerytalne SA the following notification:

"Acting on the basis of the Article 69 paragraph 1 of the Act of 29 July 2005 on public offering, conditions governing the introduction of financial instruments to Organized trading and public companies (Journal of Laws of 26 November 2013, item 1382) Nordea Otwarty Fundusz Emerytalny (the "Fund") managed by Nordea Powszechne Towarzystwo Emerytalne SA informs that on 30 December 2014 the Fund purchased shares of Global City Holdings NV with its corporate office at Weena 210-212, 3012 NJ Rotterdam, Holland, and as a result it crossed the regulatory threshold of 5% of the total votes in the General Meeting of the public company. The fund, prior the triggering transaction, held 2 420 900 shares, which constituted 4.73% of the Company equity and votes in the General Meeting. Following settlement of the triggering transaction in the investment portfolio of the Fund there are 2 592 617 shares of Global City Holdings NV, which constitutes 5.06% of the Company's equity and votes in the general meeting"

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