Regulatory News:

Crestline Ventures Corp. and Gamala Ltd. announce today that, pursuant to successive acquisitions, they have respectively acquired 12,056,281 shares and 10,264,208 shares, corresponding to a joint minority interest of 22.3 million shares, in Orco Property Group (ISIN: LU0122624777 - ORC), representing 20.69 percent of the company’s issued share capital and voting rights.

Pursuant to these acquisitions, Crestline Ventures Corp. and Gamala Ltd., acting in concert, should be the largest shareholder of Orco Property Group.

Crestline Ventures Corp. and Gamala Ltd. may consider acquiring additional shares of Orco Property Group on the market, depending on the stock price. Crestline Ventures Corp. and Gamala Ltd. would make public disclosures in accordance with applicable laws in the event that they intend to take the control of Orco Property Group.

This investment, made in a friendly and long term perspective, reflects Crestline Ventures Corp. and Gamala Ltd.'s confidence in the current growth strategy of Orco Property Group. Crestline Ventures Corp. and Gamala Ltd. will work alongside the current management team in connection with the company’s strategy on its development and investment projects.

Crestline Ventures Corp. and Gamala Ltd. will request for a representation on the Board of Directors of Orco Property Group.

About Crestline Ventures Corp. and Gamala Ltd.:

Crestline Ventures Corp. is a company incorporated in the British Virgin Islands. Its registered office is located P.O. Box 3159, Road Town, Tortola, British Virgin Islands.

Gamala Limited is a company incorporated in Cyprus. Its registered office is located Akropoleos, 59-61 Savvides building, Flat/Office 102, 2012 Nicosia, Cyprus.

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