Press Release

Luxembourg, 22 December 2017

ORCO PROPERTY GROUP - Subscription of shares in CPI PROPERTY GROUP

ORCO PROPERTY GROUP (the "Company") announces that it subscribed to 159,132,897 new shares in CPI PROPERTY GROUP.

The new shares, having a par value and a subscription price of EUR 0.10 each, were issued today in a reserved capital increase under the CPI PROPERTY GROUP's authorized share capital for cash contribution.

The Company now holds approximately 2.66% in CPI PROPERTY GROUP.

For more information, visitwww.orcogroup.com

ORCO PROPERTY GROUP

40, rue de la Vall, L-2661 Luxembourg

luxembourg@orcogroup.com

ORCO Property Group SA published this content on 22 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 December 2017 16:39:06 UTC.

Original documenthttp://www.orcogroup.com/documents/PR_OPG_Subscription of shares in CPI PROPERTY GROUP.pdf

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