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Quarterly Valuation

30th May 2007 07:01

Black Sea Property Fund Limited30 May 2007 For Immediate Release 30 May 2007 The Black Sea Property Fund Limited Quarterly valuation as at 31 March 2007 The Black Sea Property Fund Limited (the "Fund"), which specialises in thefinancing and sale "off-plan" of apartments in Bulgaria, presents its valuationof the Fund as at 31 March 2007. The unaudited net assets of the Fund as at 31 March were £41.8m, 16.7p pershare. (31 December 2006 £41.8m, 16.7p per share) The Fund is managed by Development Capital Management (Jersey) Limited. List of contactsDevelopment Capital Management 020 7355 7600Roger HornettAndrew Mitchell Buchanan Communications 020 7466 5000Charles RylandIsabel Podda Numis Securities Ltd 020 7260 1000Bruce GarrowIain McDonald This information is provided by RNS The company news service from the London Stock Exchange

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