Result of AGM

16 July 2014

Dragon - Ukrainian Properties & Development plc

(the "Company")

Result of Annual General Meeting ('AGM')

The Company announces that all resolutions put to shareholders at the Company's AGM held on 16 July 2014 were duly passed.

The minutes of the AGM can be found on the Company's website at:

http://dragon-upd.com/investor-information/important-information/admission-document-and-circulars

Contact

Dragon - Ukrainian Properties & Development Plc

www.dragon-upd.com

Tomas Fiala +380 44 490 7120

Dragon Capital Partners Limited

Eugene Baranov / Volodymyr Tymochko +380 44 490 7120

Panmure Gordon (UK) Limited

Richard Gray / Andrew Potts +44 20 7886 2500