DGAP-Adhoc: TMM Real Estate Development Public Limited: H1 2017 Results Publication

Kyiv, 02 October 2017 - TMM Real Estate Development Public Limited (ISIN: US87260H1041) ("TMM" or the "Company") announces publication of its unaudited interim condensed consolidated financial statements as at 30th June 2017. The financial statements were prepared in accordance with IAS 34 Interim Financial Reporting.

The revenue decreased by 6% y-o-y, amounting to USD 6.5 million (USD 6.9 million in H1 2016). The loss for the period amounted to USD 2.2 million compared to the loss of USD 1.8 million in H1 2016.

Key Financial Highlights:

The consolidated financial statements as at 30th June 2017 are published at the Company's website: www.tmm.ua/en/investors

*- Net Debt is calculated as total interest bearing loans and borrowings less cash and cash equivalents

About TMM:

TMM Real Estate Development Public Limited carries out its main activities through its wholly owned subsidiary, "T.M.M."-Ltd., Ukraine. "T.M.M."-Ltd. is a leading Ukrainian real estate development and construction company delivering residential, office and commercial real estate projects in Kyiv, Kharkiv, and other regions. During its history, the company has completed over 30 projects totalling to around 750 thousand sq m.

For further questions, please contact:

Galyna Posypailo
Investor Relations Manager
[email protected]
Tel: +380 044 593 07 24

Larysa Chyvurina
Chief Financial Officer
[email protected]
Tel: +380 044 593 07 11