Sotheby’s International Realty® Brand Enters Fiji

Dear Sotheby’s International Realty^® Brokers,

I am pleased to announce the brand’s expansion into Fiji with the signing of an agreement with New Zealand Sotheby’s International Realty.

New Zealand Sotheby’s International Realty joined the Sotheby’s International Realty network in 2006 under the leadership of Co-Owners and Managing Directors Julian Brown and Mark Harris. Since then, the firm has expanded and now has 12 office locations throughout New Zealand with plans to open an office in Fiji in the first quarter of 2017.

Please see the attached press release for additional information.

Sincerely,

Philip White

President and Chief Executive Officer

Sotheby’s International Realty Affiliates LLC