The Arricano group (“Arricano Group”), through its subsidiary Prizma Alpha, has received a seven year $15 million loan facility from Raiffeisen Bank Aval in respect of its Shopping and Entertainment Center “City Mall”, located in Zaporizhzhia. The loan facility will be used to refinance current debt obligations and to develop the investment properties of the Arricano Group. Emil Budilovsky, Arricano Group CEO: "In light of the relatively low activity in the Ukrainian real estate sector, the banks and financial institutions are looking for borrowers with a positively performing portfolio and strong balance sheet. In my opinion, the loan facility from Raiffeisen Bank Aval is indicative of the banking sector’s confidence in the Arricano Group and its business strategy." Arthur Iliyav, Member of the Board Raiffeisen Bank Aval "Raiffeisen Bank Aval remains committed to the Ukrainian market and continues to provide long term financing also to the real estate sector. Projects with a clear concept, professional management and a realistic business case will be financed by us even in difficult times, whether in the capital city of Kiev or in the regions". Maxim Goncharuk, Arricano Group CFO: "The project in Zaporizhzhia has shown positive performance, which we believe, allowed us to receive the facility on favourable terms." Arricano Group’s credit portfolio includes loans from both Ukrainian and foreign banks. BACKGROUND Arricano Group is one of the leading real estate developers in Ukraine, specialising in operating shopping centres. Currently Arricano Group owns and manages the following four shopping malls: "RayON" located in Kyiv, "Solnechnaya Galereya" located in Krivyi Rih, "City Mall" located in Zaporizhzhia and "Yuzhnaya Galereya" located in Simferopol, with a gross leasing area (“GLA”) of approximately 95 000 sq.m. The Arricano Group also holds a minority stake (50%-1 share) in the Kyiv shopping center "Sky Mall", with a GLA of approximately 67 900 sq.m. The Arricano Group is currently completing the construction of the second phase (approximate GLA of 19,700 sq.m.) of "Yuzhnaya Galereya" shopping and entertainment mall in Simferopol, which it is anticipated will be opened for visitors in the Fall of 2013. The construction of the largest shopping and entertainment mall on the left bank of Kyiv named "Prospect" is among the Arricano Group’s prospective development projects, which is scheduled to open in the Fall of 2014. The main shareholders of Arricano Group are Retail Real Estate S.A. (Luxembourg) and Dragon-Ukrainian Properties and Development Plc (Isle of Man). Raiffeisen Bank Aval JSC, founded in March 1992, is one of the largest Ukrainian banks and takes a leadership position within the Ukrainian market in terms of a number of core parameters. It is a universal bank, which offers clients a wide range of standard and innovative services through its all-Ukraine branch network Raiffeisen Bank Aval is a subsidiary of Vienna-based Raiffeisen Bank International AG (RBI). Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. RBI is the only Austrian bank with a presence in both the world's financial centres and in Asia, the group's further geographical area of focus. In total, around 59,000 employees service about 14.3 million customers through more than 3,000 business outlets, the great majority of which are located in CEE. RBI is a fully-consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, the remainder is in free float. RBI's shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group, and serves as the head office of the entire RZB Group, including RBI.