Director/PDMR Shareholding

Dragon-Ukrainian Properties & Development plc

(the 'Company')

14 June 2012

Director Shareholding

The Company received notification on 14 June 2012 from Dragon Capital (which together with the Company's Investment Manager Dragon Capital Partners Limited is a part of the Dragon Capital Group) that on 12 June 2012 Dragon Capital acquired 30,000 ordinary shares at a price of GBP 0.30067 per ordinary share, 7,000 ordinary shares at a price of GBP 0.29100 per ordinary share and 13,000 ordinary shares at a price of GBP 0.29100 per ordinary share.

Following these share purchases, Dragon Capital Group now holds 14,178,561 shares representing 12.96% of the issued share capital of the Company.

Tomas Fiala, one of the Company's directors, is the principal shareholder and managing director of Dragon Capital, and is also a director of Dragon Capital Partners Limited.

For further information, please contact:

Dragon-Ukrainian Properties & Development plc (www.dragon-upd.com)

Tomas Fiala

+380 44 490 7120

Dragon Capital Partners Limited (Investment Manager)

Chris Kamtsios 

+380 44 490 2021

Panmure Gordon (UK) Limited (Nominated Adviser and Broker)

Richard Gray / Andrew Potts

+44 (0)20 7459 3600