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REO Bond I

| REO Spanien Real Estate

REO Spain Projektentwicklungs GmbH, Hamburg, registered in the commercial register of the local court of Hamburg under the number HRB 137179, as the issuer of the bearer bonds 2015, ISIN: DE000A2PBE40 / WKN A2PBE4, announces that the option for the first term extension pursuant to § 3.1 in conjunction with § 8 of the Terms and Conditions of the Bonds will be exercised.

The Bonds will therefore - with the exception of a termination pursuant to § 7 of the Terms and Conditions - now be redeemed on May 4, 2020 at 100 % of their then remaining nominal amount plus accrued interest and the profit participation specified in § 2.3 of the Terms and Conditions.

https://www.dgap.de/dgap/News/adhoc/reo-spanien-projektentwicklungs-gmbh-laufzeitverlaengerung/?newsID=1194809