CPI PROPERTY : Major Shareholding Notifications

CPI PROPERTY GROUP

(société anonyme) 40, rue de la Vallée L-2661 Luxembourg

R.C.S. Luxembourg: B 102 254

PRESS RELEASE

Luxembourg, 17 June 2016

CPI PROPERTY GROUP (the "Company") announces that on 15 June 2016 it received the following major shareholding notifications from Mr. Radovan Vítek concerning Ravento S.à r.l., Efimacor S.à r.l. and Whislow Equities Ltd., the entities he owns.

Mr. Vítek notified the Company that on 9 June 2016 the participation of Ravento S.à r.l. decreased below 50% as a consequence of the capital increase and the related change in the breakdown of the voting rights in the Company. Ravento S.à r.l. continues to hold 2,850,530,210 shares, representing 47.49% of the voting rights in the Company.

Mr. Vítek notified the Company that on 9 June 2016 Efimacor S.à r.l. acquired 550,000,000 Company shares in a capital increase of the Company. As a consequence, Efimacor S.à r.l. holds 1,099,806,210 shares, representing 18.32% of the voting rights in the Company.

Mr. Vítek notified the Company that on 9 June 2016 the participation of Whislow Equities Ltd. decreased below 15% as a consequence of the capital increase and the related change in the breakdown of the voting rights in the Company. Whislow Equities Ltd. continues to hold 851,574,582 shares, representing 14.19% of the voting rights in the Company.

After the capital increase of 9 June 2016 Mr. Vítek holds 92.07% of the total voting rights of the Company.

For further information please contact: Kirchhoff Consult AG

Andrew Stammler Herrengraben 1

20459 Hamburg

T +49 40 60 91 86 34

F +49 40 60 91 86 60

E andrew.stammler@kirchhoff.de

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