Annual Financial Report

29 April 2014

The following replaces the Annual Financial Report announcement released at 10.20am under RNS number 7584F. The link to the Annual Financial Report has been replaced.

The Black Sea Property Fund Limited

Annual Report and Audited Financial Statements for the year ended 31 December 2013

The Black Sea Property Fund Limited is pleased to announce its annual results for the year ended 31 December 2013.

The Annual Report and Consolidated Financial Statements are being circulated to shareholders and will be available shortly on the company's website. Click on, or paste the following link into your web browser, to view the associated PDF document:

http://www.rns-pdf.londonstockexchange.com/rns/7799F_-2014-4-29.pdf

Copies can be obtained in hard copy form free of charge, from the Company Secretary, SJ Secretaries Limited, at 22-24 Seale Street, St Helier, Jersey, Channel Islands, JE2 3QG.

Enquiries: