RomReal : Third Quarter (Q3) 2013 Financial Results Report and Investor Presentation.

RomReal hereby announces the highlights in connection with the Q3 2013 results:

• Statutory Net Asset Value (NAV) under IFRS was EUR 0.2 (NOK 1.9) per share at the end of Q3 2013, an increase of 5.5% compared to the end of Q2 2013.
• The Company has not made any changes to the land bank portfolio valuation since the 2012 year-end independent valuation.  
• Pre-tax loss in Q3 2013 of EUR 0.26 million. Total assets at end of Q3 2013 were EUR 35.9 million compared to EUR 34.5 million at end of Q3 2012.
• Following the increase in share capital registered on 11 July 2013, the number of issued shares changed from 4,924,736 to 103,419,456 each with a par value of EUR 0.001. The net proceeds of the rights issue amounted to EUR 1.45 million. This is the main reason for the increase in the NAV during the quarter.
• One of the plots in the Company's land bank has obtained its Urban Certificate in order to be divided into smaller plots.
• Eurostat showed a Romanian economy annualised growth in GDP during Q3 2013 of 1.6 percent, compared to an average of 0.2 percent growth in the EU region.

Those who would like to attend the conference call are invited to dial:

 

UK Freefone:	0800 389 7473
UK Direct:	01296 480 180
International direct:	+44 1296 480 180
Global Access Numbers:	http://www.btconferencing.com/globalaccess/?bid=54_automated

 

Passcode:

119 319#

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.