CBX.L Regulatory News (CBX)

19 Mar 2007 07:01

Cubus Lux plc19 March 2007 CUBUS LUX PLC signs lease agreement with May Club Charter of Hungary Croatian leisure and tourism company, Cubus Lux plc ("Company" or "Cubus Lux")has signed a three year lease agreement with May Club Charter, a prestigiousHungarian yacht charter company, who will use the Company's Olive Island Marinaas its main base for charter holidays to explore the middle and northern partsof the Adriatic coastline. The official opening of the marina is scheduled for May although the majority ofits facilities are already up and running with its highly anticipated restaurantscheduled to open its doors in April. The Olive Island Marina is situated on the coast of Dalmatia in Croatia,providing unrivalled access to the Adriatic coast and archipelago. Cubus Lux's Executive Director, Christian Kaiser, stated: "We are delighted tohave signed this agreement with such a prestigious charter company as May Club.The Company's decision to move its base to Olive Island is testament to theidyllic surroundings of the marina as well as the outstanding facilities that wehave put in place." Mr. Marin Medic General Manager of May Club Charter, commented: "As well as theimpressive infrastructure of Olive Island, which offers a full range ofservices, the size and the surroundings of the marina gives a special intimatemood that one can only find in the Dalmatian archipelago." - ends - For further information please contact: Cubus Lux PlcChristian Kaiser +44 7767 766 243 Corporate SynergyOliver Cairns/Romil Patel 020 7448 4400 Threadneedle CommunicationsGraham Herring/Alex White 020 7936 9605 This information is provided by RNS The company news service from the London Stock Exchange