Final Results -2 -9-
31 Marzo 2009 - 8:00AM
UK Regulatory
| Nanette Borovje D.O.O. | | Croatia | | 100.00 | | 100.00 | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Etgar Financial Services | | Israel | | 100.00 | | - | | - |
| Ltd. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Albert Ingatian | | Hungary | | 100.00 | | - | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Paty Plots | | Hungary | | 100.00 | | - | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Nanette Holdings | | Cyprus | | 100.00 | | - | | - |
| (Ukraine) Ltd. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Laniste D.O.O. | | Croatia | | 100.00 | | - | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Nanette Nekretnine | | Croatia | | 100.00 | | - | | - |
| D.O.O. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Nanette Construction rom | | Romania | | 100.00 | | - | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Proportionately | | | | | | | | |
| consolidated companies: | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Robyg Palacowa Sp.z.o.o. | | Poland | | - | | 50.00 | | 50.00 |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| OK Investment Sp.z.o.o. | | Poland | | 50.00 | | 50.00 | | 50.00 |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Robyg Wilanow II | | Poland | | - | | 42.50 | | 32.50 |
| Sp.z.o.o. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Gondola HAZ K.f.t. | | Hungary | | 50.00 | | 50.00 | | 50.00 |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Real Prop House K.f.t. | | Hungary | | 50.01 | | 50.01 | | 50.01 |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| MZM Properties Sp.z.o.o. | | Poland | | - | | 45.00 | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Robyg Morena Sp.z.o.o. | | Poland | | - | | 40.00 | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Robyg City Apartments | | Poland | | - | | 37.50 | | - |
| Sp.z.o.o. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Nanette Pipera | | Romania | | 50.00 | | 50.00 | | - |
| Properties Srl. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Nanette City Gate | | Romania | | 50.00 | | 50.00 | | - |
| Timisoara Srl. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Nanette Heights Timisoara | | Romania | | 50.00 | | 50.00 | | - |
| Srl. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Nanette Bucharest | | Romania | | 50.00 | | 50.00 | | - |
| Properties | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| EDR Construction Brasov | | Holland | | 55.00 | | - | | - |
| B.V. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| UKRA Real Estate B.V. | | Holland | | 50.00 | | - | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Subsidiary of UKRA Real | | | | | | | | |
| Estate B.V.: | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| PP Plots | | Hungary | | 100.00 | | - | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Proportionately | | | | | | | | |
| consolidated company of | | | | | | | | |
| EDR Construction Brasov | | | | | | | | |
| B.V.: | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Taltoring | | Hungary | | 50.00 | | - | | - |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Proportionately | | | | | | | | |
| consolidated companies | | | | | | | | |
| of Robyg B.V.: | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
| Robyg Development | | Poland | | - | | 50.00 | | 50.00 |
| Sp.z.o.o. | | | | | | | | |
+--------------------------------------+-+------------------------+--+-----------+--+-----------+--+--------+
+-------------------------------------+-+--------------------+--+-----------+--+-----------+--+--------+
| | | | | Shareholding and control |
+-------------------------------------+-+--------------------+--+--------------------------------------+
| | | | | December 31, |
+-------------------------------------+-+--------------------+--+--------------------------------------+
| Name of company | | Country | | 2008 | | 2007 | | 2006 |
+-------------------------------------+-+--------------------+--+-----------+--+-----------+--+--------+
| | | | | % |
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