Interim Management Statement

DAEJAN HOLDINGS PLC

INTERIM MANAGEMENT STATEMENT

Daejan Holdings PLC (the Company) presents its interim management statement for the period ending 30 June 2011 as required by the UK Listing Authority's Disclosure and Transparency Rule 4.3.

The Company published its Annual Report on 22 July 2011 for the full year to 31 March 2011. This interim management statement summarises any further relevant information for the first quarter of the current financial year.

Net Rental Income in the period in both the UK and USA is in line with our expectations. There were no significant sales of property in the first quarter.

The major project to refurbish and extend our existing property Africa House in Kingsway, London WC2 commenced on site in January with a construction programme of two years.

As previously reported a final dividend for the year ended 31 March 2011 has been proposed for payment on 11 November 2011 subject to approval at the Annual General Meeting which will be held on Tuesday 20 September 2011. To qualify for the dividend shareholders must be on the register on 14 October 2011.

Other than the matters described above the Board is not aware of any material events during the period from 1 April to the date of this statement which would have a material impact on the financial position of the Company.

For further information call:

Mark Jenner

Company Secretary

Daejan Holdings PLC

020 7836 1555

Nick Oborne

Weber Shandwick

020 7067 0700