The group of tenants of the ARENA shopping centre in Słupsk has been joined by MEDIA MARKT, whose commercial space will occupy the surface of 4855 sq m. According to Marcin Materny – the development director of Echo Investment SA, responsible for commercialization of the ARENA – the contract with MEDIA MARKT is the next, important step on the way to acquiring tenants of the shopping centre in Słupsk. MEDIA MARKT is an important, key partner and a significant brand in our shopping centre.

I am convinced that it is also very good news for Słupsk residents, who will soon be able to take advantage of the extensive and attractive offer of the new salon of the well-known, and so well recognized, company.

After having finished the commercialization and having defined the character of the entertainment section, the renting of the commercial space is gaining speed, new contracts are constantly being signed, and the interest of the retail networks at our location is very high. Several new contracts are currently in their last phase of negotiations.

Besides the MEDIA MARKT salon, Echo Investment – the investor and developer of the project – has already signed rental contracts of the commercial space in the Słupsk ARENA with the following:

• 7-showroom cinema HELIOS
• 12-alley bowling BC CLUB
• ROSSMANN 330 sq m.
• DOUGLAS 290 sq m.
• KOLPORTER Multimedia Salon 400 sq m.
• RAVEL 200 sq m.
• VERNET 130 sq m.
• 5-10-15 200 sq m.
• COCCODRILLO 100 sq m.
• CCC 320 sq m.

The ARENA recreation and shopping Centre will be built in the city center, in the direct proximity of the biggest residential areas, by the city’s main artery - Gdańsk – Szczecin. It will be the largest facility in the region combining both commercial and entertainment functions. On the nearly 84,000 sq. m surface, over 150 shops and services, a hypermarket – grocery – department store, and also audio-video electronic equipment stores with a home appliances and house and garden offer also available. In the entertainment – recreational area, apart from a 7-showroom cinema, a 12-alley bowling alley and a discotheque are also in the planning. The shopping centre will additionally offer numerous cafes, restaurants and a playground for children. The complex will also offer a 1250 car convenient customer parking area.

The investment will secure approximately 600 new jobs. The opening of the centre is planned for the turn of 2007 and 2008.

MEDIA MARKT is a leading European retailer of audio-video and mechanical home appliances, computers, software, photographic equipment, CD’s and DVD’s and cassettes.

The MEDIA MARKT chain consists of over 440 salons in Germany, Austria, Belgium, France, Spain, The Netherlands, Poland, Portugal, Russia, Switzerland, Sweden, Italy, Hungary and Greece. In Poland, the brand operates since 1998 and has 29 stores.

MEDIA MARKT provides a very extensive product assortment – from the very inexpensive, to luxurious products of leading global as well as domestic producers.

Currently, MEDIA MARKT is planning to increase the number of stores and strengthen its position as the market leader.