Arricano Real Estate Plc: Directorate Change

Arricano Real Estate Plc (ARO) Arricano Real Estate Plc: Directorate Change 20-Jan-2017 / 11:01 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

20 January 2017

Arricano Real Estate Plc

('Arricano' or the 'Company')

Directorate Change

Arricano (AIM: ARO), a leading real estate developer and shopping mall operator in Ukraine, announces that Raul Parusk, Non-executive Director, is stepping down from the Board and leaving the Company with effect from 1 February 2017, in order that he can devote more time to pursuing his other business interests.

Rupert Cottrell, Chairman of Arricano, commented: 'The Board would like to thank Raul for his invaluable contribution to the Company since 2013 and we all wish him well with his future activities'.

For further information, please contact:

Arricano Real Estate plcMykhailo Merkulov Tel: +380 44 569 6708

Nominated Adviser and Joint Broker

Smith & Williamson Corporate Finance LimitedAzhic Basirov Tel: +44 (0)20 7131 4000

Joint Broker

Whitman Howard LimitedRanald McGregor-Smith Tel: +44 (0)20 7659 1234

Financial PR

NovellaTim Robertson/Toby Andrews Tel: +44(0)20 3151 7008