ICDP (ICD): CORRECTION OF REPORT NO. 16/2010 - raport 17

With the present report "Intercapital Property Development" ADSIC announces that it has made a mistake in Report No. 16/2010 regarding the admission of the new ICPD shares to trading on NewConnect. By omission in Report 16/2010 the number of shares was not correct. It should be 1.187.849 instead of 1.878.849.

The correct announcement regarding the admission of the new ICPD shares to trading on NewConnect is as follows:

Intercapital Property Development ADSIC, a company incorporated and conducting business in the Republic of Bulgaria, registered with the Commercial Registry by the Bulgarian Registration Agency under number EIK 131397743, having its seat and registered address in Sofia, 7a Aksakov Street, floor 4 (hereinafter referred to as "ICPD") reports that it was informed today that on October 22, 2010 the Management Board of the Warsaw Stock Exchange took a resolution No. 1088/2010 on admission the 1.187.849 ICPD shares to trading in the alternative trading system NewConnect operated by the Warsaw Stock Exchange.

Legal Basis: § 3 Section 3 of Exibit No. 3 of the NewConnect Alternative Trading System Rules

Osoby reprezentujące spółkę:
Velichko Stoichev - Klingov