Statement re. Suspension

7 May 2008 14:56

Engel East Europe N.V.07 May 2008 For immediate release 7 May 2008 Engel East Europe N.V. ("Engel" or "the Company") Temporary Suspension The Company has requested a temporary suspension of trading in its shares on AIMpending clarification of the Company's joint venture agreements. A full announcement and the resumption of trading will be made as soon aspossible. Enquiries: Engel East Europe N.V.Eitan Padan Tel: +972 (9)970 7004 Sam Salman Tel: +1 (646)214-2000 Dawnay, Day Investment Banking Limited Tel: +44 (0) 20 7630 4140 Corporate Finance Gerald Raingold Bankside Consultants Tel: +44 (0) 20 7367 8888Simon BloomfieldAndy Harris ENDS This information is provided by RNS The company news service from the London Stock Exchange