RB 37/2009 Pizza Nord Settlement

The Management Board of AmRest Holdings SE (“AmRest”), with reference to regulatory announcements 20/2007 dated 21 May 2007 and 35/2007 dated 3 July 2007, informs that the acquisition of OOO Pizza Nord (currently OOO AmRest Russia) has been finally settled between Michael Tseytin (“Seller”) and AmRest. As a result of the settlement the Seller signed a one year Promissory Note under which he is obliged to pay a principal of USD 9.0 million to AmRest. The Promissory Note is secured by Share Pledge Agreement. The financial terms of Promissory Note do not differ from standard terms used in a given type of the agreement. Additionally, as a part of the settlement, a call option under which Micheal Tseytin had a right to acquire one of the key RostiksKFC locations in St. Petersburg was cancelled.

Legal act:
Ustawa o ofercie, art. 56. ust. 1 punkt 2.