DGAP-Adhoc: TMM Real Estate Development Public Limited: H1 2018 Results Publication

Kyiv, 1 November 2018 - TMM Real Estate Development Public Limited (ISIN: US87260H1041) ("TMM" or the "Company") announces publication of its unaudited condensed consolidated interim financial statements as at 30th June 2018. The financial statements were prepared in accordance with IAS 34 Interim Financial Reporting.

The revenue increased by 40% y-o-y, amounting to USD 9.1 million (USD 6.5 million in H1 2017). The profit for the period amounted to USD 0.9 million compared to the loss of USD 2.2 million in H1 2017.

Key Financial Highlights:

The consolidated financial statements as at 30th June 2018 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