Sofia Airport Center Tender Offer For 10 shares

Austria’s Tishman Bulgarian Real Property GmbH, majority owner of Sofia Airport Center EAD-Sofia, announced it was planning to make a tender offer of 6.72 leva per share, BSE-Sofia announced.

10 shares are subject of the offer, which will be valid for 28 days. Status Invest AD is the authorized investment intermediary in the deal.

Tishman Bulgarian Real Property controls 99.9% of Sofia Airport Center EAD (both directly and through connected persons).

The offerer intends to require the company’s delisting from the Financial Supervision Commission (FSC)’s public register.

FSC has not come out with a decision on the offer as yet. In the end of March by decision of Sofia City Court the company’s name was changed from TL Property Company EAD- Sofia to Sofia Airport Center AD.

The ten shares, which are subject of the tender offer, were traded on 27 November 2006 at 5.04 leva per share.

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