Statement regarding unsolicited offer from CPI Property Group S.A. and Aroundtown SA (the "Consortium") The Company notes the announcement today by CPI Property Group S.A. and Aroundtown SA of a firm intention to make a cash offer for the entire issued, and to be issued, share capital of Globalworth not already owned or controlled by the Consortium at EUR 7.00 per Globalworth share pursuant to Rule 2.7 of the City Code on Takeovers and Mergers (the "Offer"). Following the Consortium notifying the Company of its intention to make an offer, the Company established an independent committee of the Board. No proposal or details as to the terms of any offer were received by the Company before this morning's announcement. The independent committee will evaluate the Offer and a further announcement will be made in due course.