Significant Shareholding

10 Dec 2007 15:25

Dragon-Ukrainian Prop. & Dev. PLC10 December 2007 Dragon Ukrainian Properties & Development Plc ("DUPD" or the "Company") 10 December 2007 Significant Shareholding The Company was informed on of the following changes in shareholding that wereeffected on 29 November 2007. Shareholders Previous Holding Previous New Holding % Holding % Holding Mellon Nominees (UK) Ltd 10,055,000 9.67% 10,055,000 7.15%ELQ Investors Ltd 10,000,000 9.62% 17,159,700 12.20%Goldman Sachs & Co.Goldman Sachs Bank AG Mackenzie Cundill Investment Management Ltd is a fully-owned subsidiary ofMackenzie Financial Corporation. The reduction in the % holding follows therecent Issue of Equity. ELQ Investors Ltd, Goldman Sachs & Co., Goldman Sachs Bank AG, subsidiaries ofGoldman Sachs Inc, inform about purchasing of 7,159,700 ordinary shares with therespective increase of its shareholding from 9.62% up to 12.20%. The total number of voting rights is 140,630,300 ordinary shares. Contact Tomas Fiala +380 44 490 7120Dragon Ukrainian Properties & Development Plc Ray Zimmerman/Jonathan Evans +44 (0) 207 060 1760Zimmerman Adams International Ltd This information is provided by RNS The company news service from the London Stock Exchange