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The Management of BPS has been restructured

January 2010

22.01.2010 Arco Capital Corporation Ltd. (Arco), the owner of Business Park Sofia (BPS), and Alfa Developments (Alfa) have agreed to restructure the management of BPS, the largest office development in Southeastern Europe (www.businesspark-sofia.com). As of 1st of January "Arco" through its subsidiary company Arco Real Estate Management Ltd. (AREM) will be handling independently all the activities related to the management of BPS. Arcos primary objective in this restructuring is optimizing the costs while maintaining the high quality of the services and excellent relations with the tenants maintained under Alfas management. The new General Manager of BPS is Mr. Christo Moskov. Mr. Moskov has more than 5 years experience in the industry and has been part of BPS since its initial development. With the consent of Alfa Developments some of the key members of the staff managing BPS will keep their responsibilities related to the tenants` needs as part of the staff of Arco. In this way, comfort and safety will be ensured during the transition to the new management of BPS.

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