Deadline for submission of documents for payment of dividend to non-residents without tax deduction

  In connection with the forthcoming dividend payment for 2011, we hereby make the following clarifications:
"Foreign shareholders of Aktiv Properties REIT must prove they are a pension fund, a company of a EU member-state or European Economic Area (EEA) member-state or that their country has signed a Double Taxation Avoidance Agreement (DTAA) with Bulgaria so that no deduction of the dividend withholding tax of 5% will be made.  

The deadline for sending supporting evidence shall be June 22, 2012. After that date, Aktiv Properties REIT will pay the net amount of the dividend (95%) and 5% will be paid to the budget of Bulgaria.”