CHANGE OF TERMS AND CONDITIONS

UPP & CO Kauno 53 OÜ is announcing that the 2nd rank mortgage in favour of the Bondholders has been established over Rimi LC property in the amount of EUR 6,110,000.


The establishment of the mortgage in the sum of EUR 6,110,000 and the conclusion of the senior financing loan agreement has caused the need for changes in the Issue Terms. The Issuer is requesting for Investors’ consent to change the Terms as some provisions in the current wording of the Terms are not fully in line with the senior financing loan agreement. Each Bondholder shall be contacted by the Issuer and a request of consent shall be forwarded personally (the request shall be in both English and Estonian). The request can be also found on our website – http://www.unitedpartners.ee/en/forinvestor/upp-co-kauno-53/other-announcements/. All enquiries regarding change of the Terms should be made to the following e-mail address – property@unitedpartners.ee or by contacting the representative of the Issuer.

         United Partners, CFO
         Siim Sild
         Phone: +372 5626 0107
         e-mail: siim.sild@unitedpartners.ee

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