DGAP-PVR: Godewind Immobilien AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Simmons & Simmons LLP MesseTurm Friedrich-Ebert-Anlage 49 60308 Frankfurt am Main Germany
T +49 (0) 69-90 74 54-0 F +49 (0) 69-90 74 54-54

Dear Sir or Madam,

We hereby provide the following declaration in the name and on behalf of our client, OZ Master Fund, Ltd. ('Client'):

In respect to Section 43 of the Securities Trading Act (WpHG) regarding notification requirements applicable to the holding of our Client in Godewind Immobilien AG please find below the response from our client, OZ Master Fund, Ltd. (the 'Notifying Party') in relation to our disclosure on 10 April 2018 of voting rights (exceeding the threshold of 10% as of 03 April 2018) in

Godewind Immobilien AG
Thurn-und-Taxis-Platz 6
60313 Frankfurt am Main

(the 'Issuer'),

of the aims pursued with the purchase of the voting rights in the Issuer as follows:

1. The investment of the Notifying Party is solely aimed at generating trading profits.

2. The Notifying Party does not currently intend to acquire further voting rights within the next twelve months by means of a purchase or by any other means.

However, it is possible that the Notifying Party would acquire further financial instruments within the meaning of section 38 WpHG.

3. The Notifying Party does not intend to exert any influence on the appointment or removal of members of the Issuer's administrative, managing and supervisory bodies.

4. The Notifying Party does not intend to pursue a material change in the Issuer's capital structure, in particular as regards the ratio between own funds and external funds and the dividend policy.

5. The voting rights were acquired with funds of the clients invested with the Notifying Party.

Should you have any questions, please do not hesitate to contact us.