Invitation to the Shareholders of Advance Terrafund REIT


Dear Shareholders,

The Management of Advance Terrafund REIT is pleased to invite the Shareholders of the Company to state their willingness to hold individual conference calls to discuss the results of the Company for 2011, to provide information on the current trends in the land market and on the plans for the development of the Company. The dates for the conference calls will be within the period of November 7th-18th, 2011 and can be coordinated with Atanas Dimitrov, Investor Relations Director, at tel. +35924008332 or e-mail:
Please, feel free till November 4th, 2011 to suggest dates and times for the conference calls.


Respectfully Yours:

Radoslav Manolov

Executive Director

Advance Terrafund REIT


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