This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

25 January 2021

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Re-opening of Shopping Centres

Further to the announcement dated 14 December 2020, Arricano is pleased to confirm that the temporary restriction by the local authorities relating to customer access to its retail shopping centres has now been lifted.

As a result, all of Arricano's shopping centres fully re-opened for business today.

Anna Chubotina, Chief Executive of Arricano, said, "We are very pleased to be able to re-open. We look forward to getting back to business as normal."

Enquiries:

Arricano Real Estate plc

Tel: +357 25 582 535

Ganna Chubotina

Nominated Adviser and Broker:

WH Ireland Limited Chris Fielding Tel: +44 (0)20 7220 1666

Financial PR:

Novella Communications Limited Tim Robertson/ Fergus Young 

Tel: +44 (0)20 3151 7008