Secure Prop Regulatory News (SPDI)

27 Sep 2007 07:03

Aisi Realty Public Limited27 September 2007 27 September 2007 Aisi Realty Public Limited Investment Portfolio Valuation Aisi Realty Public Limited ("Aisi" or "the Company"), a property investmentcompany focusing on development projects and related investments in Ukraine, ispleased to announce the updated valuation of its investment portfolio as at 1 August 2007. DTZ, an independent property valuer, has conducted a valuation of Aisi'sinvestment portfolio as at 1 August 2007. The aggregate value of the currentportfolio is $40.5m. This valuation will be utilised in the calculation of thenumber of warrants to be issued under the terms of the Founding ShareholdersWarrants as set out in the Company's admission document. The continuing increase in the value of the investments reflects Aisi's policyof investing in high quality assets with both local, and in the case ofwarehouse and logistics facilities, international appeal which have thepotential to provide significant returns to shareholders through capitalappreciation. Commenting on the valuation, Beso Sikharulidze, Director of Aisi, said: "Steadyincrease in valuation confirms the view, that we are taking, of the considerableopportunity in Ukrainian real estate. We continue to explore opportunities thatreflect our commitment to a high quality approach to our asset base." Enquiries Aisi Realty:Beso Sikharulidze 0038 044 459 3000 Corfin Communications:Neil Thapar, William Cullum 020 7977 0020 Libertas Capital:Andrew Hardy, Aamir Quraishi 020 7569 9650 This information is provided by RNS The company news service from the London Stock Exchange