Open Letter to the Board of Directors of Realia Business, S.A.

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• USA - español

LONDON, May 11, 2016 /PRNewswire/ --

Dear Sirs:

As you know, Polygon Global Partners LLP is the investment manager for the Polygon European Equity Opportunity Master Fund and certain client accounts which collectively have an economic interest in approximately 10% of Realia's total share capital.

We believe that the decision on 4 May 2016 by the Comisión Nacional del Mercado de Valores to approve the mandatory bid by Inversora Carso S.A. de C.V. at a price of EUR 0.80 per Realia share is incorrect as a matter of law.  We also believe that members of Realia's Board of Directors have not acted appropriately in connection with the mandatory bid and otherwise.  We are examining all of our legal options in connection with the mandatory bid and expect to proceed in short order.

Sincerely,

Polygon Global Partners LLP

Media Contact: [email protected]

SOURCE Polygon Global Partners LLP