TRASTOR REAL ESTATE INVESTMENT COMPANY

Announcement of Acquisition of Treasury Shares

TRASTOR REIC announces that the Annual General Meeting of the Company's Shareholders on April 18th, 2012, approved the share buy-back program for the acquisition of Treasury (own) shares through the Athens Exchange, in accordance with article 16 of c.l. 2190/1920, as in force, under the following conditions:

 
1) The Company will acquire own shares up to twelve months from the date of the Annual General Meeting, hence up to April 17th, 2013.


2) The maximum number of own shares to be acquired will not exceed 1% of the total number of the Company's shares outstanding at any time; hence it will not exceed 548.882 shares.

 

3) The acquisition of the own shares will take place at a maximum price of euro 1.50 and a minimum price of euro 0.10.

 

4) The maximum consideration payable for the program amounts to 823,323.60 euro.