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Discussions re sale of project

10th Jul 2009 07:00

RNS Number : 4438V
Engel East Europe N.V.
10 July 2009
 



Engel East Europe N.V.

Discussions re sale of project

Engel East Europe N.V. ('Engel East Europe' or 'the Company'), the AIM-listed Central and Eastern European ('CEE') property developer (EEE:L), is pleased to announce that it is at an advanced stage of negotiation to sell the Panorama project in Bulgaria.

Further details will be announced in due course.

END

Enquiries:

Engel East Europe N.V. Tel: +31 20 778 4141

Sam Salman

Samuel Hibel

Libertas Capital Corporate Finance Limited Tel: +44 (0) 20 7569 9650

Sandy Jamieson

Bankside Consultants Tel: +44 (0) 20 7367 8888

Simon Bloomfield

Andy Harris

This information is provided by RNS
The company news service from the London Stock Exchange
 
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