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Statement re Discussions with Nama

7 Feb 2012 15:45

RNS Number : 9772W

Development Securities PLC

07 February 2012

7 February 2012

Statement re: Development Securities PLC discussions with Nama

Development Securities PLC notes the recent press speculation regarding a potential acquisition of assets from the Irish National Asset Management Agency ("Nama"). Development Securities confirms that it is in discussions with Nama regarding the potential acquisition of a number of different assets. However, it is not in a position to comment on these discussions at this juncture.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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