18th Mar 2008 11:43
Engel East Europe N.V.18 March 2008 FOR IMMEDIATE RELEASE 18 March 2008 Engel East Europe N.V. Correction re: sold units In its 2007 results announcement dated 11 March 2008, Engel East Europe N.V.("Engel East Europe" or "the Company"), the AIM-listed Central and EasternEuropean ("CEE") residential property developer (EEE:LN) made the followingstatement: "At 31 December 2007, the total number of units sold in projects which are underconstruction was 1,627 of which 847 were sold in 2007. During 2008, the Companyexpects to complete approximately 1,000 and to start construction on a further2,000 units." The number of units sold in 2007 was 602, rather than 847 as stated, and thenumber of units sold in projects under construction was 1,568, rather than 1,627as stated. Otherwise, the announcement was correct in all respects. ENDS Enquiries: Engel East Europe N.V.Eitan Padan Tel: +972 (9)970 7004Sam Salman Tel: +1 (646)214-2000 Dawnay, Day Corporate Finance Limited Tel: +44 (0)207 509 4570Gerald RaingoldNick Lovering Bankside Consultants Tel: +44 (0)207 367 8888Simon BloomfieldAndy Harris This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Kimberly Enterprises