Potential Fundraising

12 Oct 2007 07:01

Eastern European Property Fund Ltd12 October 2007 Eastern European Property Fund Limited (the "Company") Potential Fundraising In the annual results of the Company announced on 6 August 2007, the PropertyManager's report referred to significant deal flow opportunities "which wouldenhance and grow the existing portfolio further". As a result of this, the Board of the Company announces that it is consideringissuing new shares in the Company at or around the current share price. If theBoard decides to proceed with an issue of new shares, details of such issue willbe announced in due course. Enquiries to: Nominated Adviser Smith & Williamson Corporate Finance Limited Azhic Basirov / David Jones 020 7131 4000 Nominated Broker Liberum Capital Limited Gareth Hunt 020 3100 2000 This information is provided by RNS The company news service from the London Stock Exchange