11th Apr 2006 10:44
RAM Investment Group PLC11 April 2006 For Immediate Release 11 April 2006 RAM INVESTMENT GROUP PLC EUROPEAN GOLF RESORTS SECURE PRIME GOLF DEVELOPMENT SITE IN HVAR, CROATIA European Golf Resorts Limited ("EGR"), the joint venture formed by RamInvestment Group PLC ("RAM") and Parallel Media Group PLC ("PMG") to developgolf properties in emerging sporting and tourist destinations announces todaythat it has signed a letter of intent to acquire a real estate site on theCroatian Island of Hvar. The proposed development is intended to include a mixedscheme of golf course, hotel and residential. Hvar belongs to the central islandgroup of the Adriatic. The Company expects to be making further announcements on this project over thecoming weeks. Enquiries: Beattie Communications Tim Blythe + 44 (0) 207 053 6023 or + 44 (0) 7816 924626 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RAM.L