Real Estate Tel Aviv TASE

NIS 63 Million offering on the TASE by Nanette Real Estate Group N.V. (TASE: NANT)

January 2011

Nanette Real Estate Group N.V., a Dutch company engaged in the field of international real estate, has successfully completed a shelf offering of its Series D bonds on the Tel Aviv Stock Exchange. At the offering, NIS 63 Million of bonds were acquired by the public and institutional investors.

Lawyers from Dr. Zeev Holender Law Firm have advised the Company at all stages of the offering, including in the approval procedures by the Israel Securities Authority and the Tel Aviv Stock Exchange, in the negotiations with the Trustee acting on behalf of the the bondholders regarding the provisions of the Trust Deed and in coordinating the efforts of the Companies' foreign legal advisors in Poland, The Netherlands and other countries.