Strategic Internet Investments, Incorporated (SIII) announced that on June 10, 2014, Strategic Internet Investments Inc. entered into a sales and purchase agreement with PG Proje Gelistirme Gayrimenkul Kiralama ve insaat A.S. (PG) and STAR Leisure & Entertainment Inc. PG declares that it is the owner of Real Estate retail outlets in Turkey, namely the Akcenter Outlet and Shopping Center (property). Whereas Star Leisure and the SIII (hereinafter together referred to as the purchasers) have agreed to organize funding to purchase the property of PG. The purchasers intend to finance the acquisition price of Euro 60,000,000 through a combination of, bank loans for up to 50% of the acquisition price and by way of issuance of SIII equity.

As funding has not yet been fully secured for this transaction there can be no assurances the transaction will proceed.