With reference to current report No.14/2017 regarding the conclusion of an investment contract (the Contract) concerning a joint construction investment consisting of construction of a multiple dwelling complex along with utilities and auxiliary infrastructure in the Ursus district in Warsaw jointly with the entities comprising the CPD Group, The Management Board of UNIBEP S.A.. (The Company, Issuer) informs that, on 1 March 2017, it met the first requirement needed for the said investment contract to become effective, consisting in arrangement (acceptance) of all attachments to the Contract by the parties.