28th Nov 2007 08:47
Engel East Europe N.V.28 November 2007 FOR IMMEDIATE RELEASE 28 November 2007 Engel East Europe N.V. SERBIA MARINA PROJECT UPDATE Engel East Europe N.V. ("Engel East Europe" or "the Company"), the AIM-listedCentral and Eastern European ("CEE") residential property developer (EEE:LN),announces that it has discontinued discussions with a potential partner, aspreviously announced on 8 January 2007, for its project in the Belgrade MarinaDorcol. The Company is in discussions with other potential partners regardingparticipation in the project, at a higher valuation than was previously discussed. ENDS Enquiries: Engel East Europe N.V.Eitan Padan Tel: +972 (9)970 7004 Dawnay, Day Corporate Finance LimitedGerald Raingold Tel: +44 (0) 207 509 4570Nick Lovering Bankside ConsultantsSimon Bloomfield Tel: +44 (0) 207 367 8888Andy Harris This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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