EVRIDIKA COMPLEX We are delighted to offer for your attention, a unique business opportunity in the top spa resort on the Balkan Peninsula - Devin. Evridika Hotel is a spectacular development situated on the main shopping street in the very heart of the town of Devin, surrounded by the gently-sloping hills of the Rhodope Mountains and ideally located for those who yearn for a slower-paced lifestyle and holiday-making, yet still within easy reach of the Pamporovo ski runs (20 min drive) and the up-and-coming new and impressive ski project, Perelik Sports Centre*. One of a kind and enjoying sympathetic architecture, the SPA Hotel is constructed to the highest standards and features 10 double rooms (three with terraces) and 5 apartments (two with terraces). The 10 rooms and 4 sunny suites offer luxury conditions and a great panorama of the mountains. The 5th suite is the "presidents" suite. It consists of a big living room, bedroom, bathroom, kitchen area and impressive round balcony. All the rooms and suites are designed and furnished by a professional team and offer a touch of difference suiting every taste of the guests. Spreading over 2300 sq. m of total build-up area, the hotel comes with one underground floor and five floors above the ground level. The underground floor is occupied by a parking lot, kitchen and service areas, vital for the maintenance and servicing of the building and its guests. On the ground floor is the stylish restaurant and lobby bar and the conveniently located reception with a further 300 sq. m of shopping area. Here is also situated the hairdresser's of the hotel. The second and third floors provide a total of 900 sq. m area, reserved for tourist accommodations. If you climb one more floor (fourth floor), you will stumble across a true spa paradise consisting of a sauna and a steam bath, an ice cabin and pearl bath, a special relaxation area and a massage room, all of them supplied with hot mineral spring water ensuring an all year flow of tourists. This floor will also contain a solarium, beauty saloon and fitness center. A large conference hall featuring a unique design with its glass walls looking out to enchanting mountains will be furnished and equipped to the highest standards to make the most of the business meetings that will take place there. One of the special features of the hotel are the places where you can spend time relaxing and enjoying yourself. These are the picturesque terraces throughout the Hotel where you can marvel at the surrounding nature while drinking a cup of tea, coffee or a glass of wine. The vast terrace on the third floor allows you to sit on one of the convenient benches and find quite place above the busy center or if you like to just stroll along and enjoy the sun and the mountain. The most surprise and astounding feature of the Hotel is the transparent convertible dome on the top floor, which reveals a glorious view of the Rodophe Mountains. This is also the site of the swimming pool, the Jacuzzi and night bar of the hotel. AMENITIES OFFERED AT EVREDIKA SPA HOTEL - Restaurant, café and shops - Indoor swimming-pool with pool-bar - SPA centre with sauna and steam bath, an ice cabin and pearl bath, a special relaxation area and a massage room, solarium - Hairdresser's and beauty saloon STANDARD OF FINISH OF EVREDIKA SPA HOTEL - Austrian bricks with thermo insulation - Aluminum window frames - Latest generation of VRF central heating system, including Touch console and radiators with air exchange system - LONWORKS and BAC net, which guarantees all year weather comfort at the lowest energy costs - PC Web controller (Internet Gateway) - Hi-Fi wireless internet access within the building. - Telephone landlines - Cable television FURNISHING The hotel will come fully completed and furnished to the highest standards. Superbly decorated with modern facilities, this is a fantastic offer for anybody wanting to invest into both hotel and renting business. * Perelik Sports Centre The project plans the construction and exploitation of sport- tourism centre including: - 28 km ski pistes, situated in accordance to the requirements of TUP and OBOC - A system for construction and exploitation of ski lifts and drags. - Restaurants and tea rooms The territory of the investment project will take a total area of 2191,3 hectares and takes parts of the mountain, located around Perelik and Kozuiatok peaks, situated Northwest of Smolyan. The projects should be prepared in several stages and should be considered according to the results of the Eco- monitoring. HOTEL EVRIDIKA - INVESTMENT OPPORTUNITIES The unique location of the hotel - set in close vicinity to the most exquisite ski resort, Pamporovo and at the same time situated in the heart of Devin; one of the most popular spa centers in Bulgaria. This makes the facility very attractive for development for all year round tourism - winter, summer, convention, spa, recreational, cultural and eco-tourism. Key highlights of the hotel: 1. Hotel Evridika is located in the spa center Devin. This town is famous for its mineral springs, known for having the most mineral springs throughout the Balkans. Devin is among the warmest and sunniest mountain towns in Bulgaria, offering an exceptional opportunity for blending its spa therapies with its healing climate. 2. The spa center located within Hotel Evridika is supplied with mineral water originating from the mineral spring in the town of Devin; well-known for its healing effects and exclusive properties, ranking it high as a key competitor to worldwide brands, such as French Perrier. The mineral water is used in all medical and relaxation procedures that are offered in the spa center. 3. The hotel is constructed in line with the latest construction technologies and materials: red multi-chamber Austrian bricks; windows are multi-walled, double glazed PVC construction; Variable Refrigerant flowing System (VRF) allowing for heating and cooling operations to be performed simultaneously; LONWORKS and BAC heating and cooling network, guaranteeing all year round comfort and energy efficiency; PC web controller internet portal, wireless internet accessibility; Telephone and Cable access. 4. The ground floor of the hotel consists of 300 sq. m. retail area - detached shopping units, each with a separate sanitary unit (all the retail shopping area is currently in the final process of negotiation for rental). 5. The hotel is set at the base of the highest mountain peak in the Rhodophe Mountain Range - Perelik. Perelik is currently being developed and when completed, this remarkable winter resort will be connected with the resorts of Pamporovo and Meche chal. The closing of the project will turn the resort into a rival to the Alpine resorts of Austria and Germany. Perelik will be the first winter resort that will have a winter ski season of 6-7 months throughout the year. The unique microclimate accounts for the most abundant snows on the peak with snow covering lasting till the end of May. Only the ski runs and lifts are to be built on the ski slopes, with hotel Evridika and all subsequent lodging to be set at the base of the mountain, thus preserving the mountains unique atmosphere and character of the mountain. 6. Thanks to the number of facilities and the diversity of the amenities in the complex itself, and not forgetting and the close proximity to the ski pistes, the business meetings can be combined with spa treatments and sports activities. The perfect way to combine business with pleasure! 7. The hotel is located close to the border with Greece that will be opened in 2007. The easy border access will boost economic growth in the entire region and will enhance the Greek tourist flow to Bulgaria and to Devin, in particular. 8. In close vicinity to the hotel are situated the original museum village Shiroka Lucka as well as numerous natural phenomena like the Trigrad Gorge and the renovated Yagodina Cave and The Devil's Throat Cave. These natural beauties are the pearls of the Devin region that invite every tourist to have a glimpse of the under-earth kingdom and to cherish its magnificent scenery. The region of Trigrad and Yagodina is rich of karst deposits and of multiple natural non-accessible caves. These include the Haramiya cave, 'The Orpheus Hole', The Chestnut cave, and other natural phenomena that are unique to the region. The protected area Chairite enchants the visitors with strange land sliding lakes, meadows, spruce and beech forests. One of the natural wonders is the abyss cave 'The Devil's Throat', formed as a result of the collapse of multiple earth layers. The natives tell that nothing that enters this underground labyrinth ever comes out. Prise - 3000 000 Euro.

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