Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Speymill Deutsche Immobilien

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify): as a result of the conversion of the Company's C Shares into ordinary shares

Yes

3. Full name of person(s) subject to notification obligation:

Sloane Robinson LLP

4. Full name of shareholder(s) (if different from 3):

SR Global LP

SR Europe Investment Trust Plc

5. Date of transaction (and date on which the threshold is crossed or reached if different):

17 October 2008 (shares in issue not updated on Bloomberg until around 27 October 2008)

6. Date on which issuer notified:

29 October 2008

7. Threshold(s) that is/are crossed or reached:

Thresholds crossed:

5% (aggregate holding by investment firm - previous disclosure 6.89%)

5.23% (holding by SR Global Fund LP - previous disclosure 6.23%)

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

ISIN IM00B1W65B86

Shares

11,874,435

11,874,435

11,874,435

11,874,435

3.52%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

11,874,435

3.52%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Shares held by:

SR Global Fund LP

SR Europe Investment Trust plc

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14 Contact name:

Kate Pickard

15. Contact telephone name:

+44 20 7929 8828