Stuttgart Property Refinancing

Summit Germany Limited
(the "Company")

STUTTGART PROPERTY REFINANCING

 16 May 2016

Summit Germany, the German commercial real estate company, is pleased to announce it has refinanced a bank loan secured by the property complex in Stuttgart acquired in August 2015.

The existing loan of ca. €24m was refinanced with a €40m loan provided by a German lender on a 10 years term at a fixed interest rate of 2.25% p.a. and annual amortization rate of 4.15% p.a..

For further information please contact:

Summit Germany Limited	Tel: [phone]
Zohar Levy - Managing Director
Itay Barlev (Braun) - Finance Director
Non-Executive Chairman	Tel: [phone]
Harry Hyman
Carey Group, Company Secretary	Tel: [phone]
Sara Bourne
Cenkos Securities, Nominated Adviser	Tel: [phone]
and Joint Broker
Ivonne Cantu (Nomad)
Russell Kerr / Selwyn Jones (Broking)
Liberum Capital Limited, Joint Broker	Tel: [phone]
Chris Clarke / Jill Li
Capital Access Group	Tel: [phone]
Simon Courtenay

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Source: Summit Germany Limited via Globenewswire

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