OLINDA FONDO SHOPS

Milan, 26 March 2014 – With reference to what was disclosed on 4 March 2014, the Company informs that it started a due diligence regarding a restricted number of selected counterparties with the purpose to verify any option for the improvement of the Fund real estate assets.  

It is confirmed that the Company intends to valuate any available option in the best interests of the unitholders, compatibly with the current expiry date of the Fund (31 December 2014). In the event that, also following to regulatory changes, the fund term is extended, the options will be valuated also in relation to the change of the Fund duration.