Avda. de Bruselas, 26 28108 Alcobendas Madrid

Telf: 91 354 28 00

Fax: 91 662 70 70

Madrid, November 17, 2017

In accordance with article 228 of the consolidated text of the Spanish Stock Market Act approved by the Legislative Royal Decree 4/2015 of 23 October, Codere S.A. hereby informs of the following:

SIGNIFICANT EVENT

Codere S.A. hereby announces that, in accordance with Significant Events released on October 16, 2017 (registration number 257,429), October 17, 2017 (registration number 257,444) and November 8, 2017 (registration number 258,337) in furtherance of the resolution for the grouping of existing shares (reverse split), for their exchange into newly issued ones, approved in the EGM (communicated to the market on October 16, 2017) whereby every 43 old shares would be exchanged for 2 new shares, on the date hereof the new shares have been admitted to trading on the Stock Exchanges of Madrid, Barcelona, Bilbao and Valencia through the Stock Exchange Interconnection System, with the old shares being previously excluded from trading.

Summary of the reverse split:

Before execution:

Shares: 2,548,574, 009

Nominal value: 0.20 euros/share ISIN Code: ES0119256115

After execution:

Shares: 118,538,326

Nominal value: 4.30 euros/share ISIN Code: ES0119256032

Kind regards

Luis Argüello Álvarez

Secretary of the Board of Directors

Translation from Spanish for informational purposes only. In the event of a conflict, the Spanish version prevails.

Codere SA published this content on 17 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 November 2017 13:07:02 UTC.

Original documenthttp://www.codere.com/en/shareholders-investors/significant-events/17/11/2017-reverse-split-completion/

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