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Fibra Inn Announces the Conclusion of First Round Exclusive Subscription for FINN 13 Holders

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MONTERREY, Mexico, July 19, 2018 (GLOBE NEWSWIRE) -- Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) (OTC:DFBRY) ("Fibra Inn" or "the Company"), an internally managed Mexican real estate investment trust specialized in the hotel industry serving the traveler with global brands, announced the conclusion of the first round of the exclusive subscription for Holders of Fibra Inn.

The Company informs holders of Certificados Bursátiles Fiduciarios Inmobiliarios identified by ticker symbol FINN13 (the "Holders" and the "CBFIs", respectively) issued by Deutsche Bank México, S.A., Institución de Banca Múltiple, División Fiduciaria, as fiduciary of Trust F/1616 ("Issuer"), that:

  1. The first round of the exclusive subscription for the Holders concluded today, July 19, 2018.
  2. Subscription of 63,247,645 (sixty-three million two hundred and forty-seven thousand six hundred and forty-five) CBFIs.
  3. Subscription price per CBFI was Ps. 11.10 (eleven pesos 10/100), amount approved by the Financial Committee of the Trust and that represents a discount of 9.87% (nine point eighty-seven per cent) over the average weighted volume price of the CBFIs in the trading activity starting from one business day after the announcement of the Shareholders' Meeting Notice, that is beginning April 30, 2018 and until the day that the Shareholders Meeting took place on May 11, 2018.
  4. Delivery and payment of subscribed CBFIs is today, July 19, 2018.
  5. Holders of the First Round, exclusively, who have subscribed a minimum of 100% (one hundred percent) of the CBFIs to exercise their right, may be able to subscribe to the Second Round of CBFIs.

Additionally, we inform Holders that the Second Round will begin on July 20, 2018 and will conclude on July 25, 2018. Therefore, any date or terms related to the pending CBFI subscription for the Second Round will be announced in the Second Round Notice that will be published tomorrow, July 20, 2018

About the Company
Fibra Inn is a Mexican trust formed primarily to acquire, develop and rent a broad range of hotel properties in Mexico. The Company has signed franchise, license and brand usage agreements with international hotel brands for the operation of global brands as well as the operation of national brands. These hotels enjoy some of the industry's top loyalty programs. Fibra Inn trades its Real Estate Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios or "CBFIs") on the Mexican Stock Exchange under the ticker symbol "FINN13"; its ADRs trade on the OTC market in the U.S. under the ticker symbol "DFBRY".
www.fibrainn.mx

Note on Forward-Looking Statements 
This press release may contain forward-looking statements.  These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, Company performance and financial results. Also, certain reclassifications have been made to make figures comparable for the periods. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the Company, are intended to identify forward-looking statements.  Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements.  Such statements reflect the current views of management and are subject to a number of risks and uncertainties.  There is no guarantee that the expected events, trends or results will actually occur.  The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors.  Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

In México:    In New York:
Lizette Chang, IRO   Maria Barona / Melanie Carpenter
Fibra Inn   i-advize Corporate Communications
Tel. 52-1-81-1778-5926   Tel. (212)406-3691
lchang@fibrainn.mx   mbarona@i-advize.com

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