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Blackberry Announces Update on Sale of Canadian Real Estate Holdings

BlackBerry - Waterloo, ON – BlackBerry® Limited (NASDAQ: BBRY; TSX: BB), a world leader in mobile communications, today announced that it has entered into an agreement pursuant to which it will sell the majority of its real estate holdings in Canada. The announced transaction is part of BlackBerry’s ongoing program to improve operational efficiencies, optimize resource usage and shift resources to support operations as the business continues to evolve. Under the terms of the agreement, BlackBerry will sell more than 3 million square feet of space as well as vacant lands.

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