Transaction in Own Shares

15 Oct 2008 16:32



Dragon - Ukrainian Properties & Development plc

(the 'Company')

DUPD has bought back 100,000 shares

The total amount of Purchased Shares to date acquired under the buy back programme totals 2,010,000.

Following the purchase of the Purchased Shares, the Company has a total of 140,318,716 Shares in issue and with voting rights ("Voting Shares") (after deducting the 100,000 Purchased Shares). The Purchased Shares represent 0.07 per cent of the Voting Shares. 

Enquiries:

For further information, please contact:

Dragon Ukrainian Properties & Development Plc (www.dragon-upd.com)

Tomas Fiala

+380 44 490 7120

Dragon Capital Partners Limited

Chris Kamtsios: + 380 44 490 7120

KBC Peel Hunt Ltd (Nominated Adviser and Broker)

Capel Irwin: + 44 20 7418 8900

Daniel Harris