GTC buys from below

As a result, GTC has increased its share in the companies' capital to approximately 97 percent in GTC Hungary, GTC Serbia and GTC Croatia, and to about 94.5 percent in GTC Romania. In Q4 2005 GTC expects to reach EUR 40 (zł.155) million profit from the sales of 50 percent of its shares in GTC Galeria Kazimierz and the sale of the Allianz office building in Warsaw. By the end of 2006 GTC plans to complete the Topaz office building in Warsaw, America House in Bucharest and Centerpoint II in Budapest.