TIDMABL
DEALINGS BY DIRECTOR
Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and developer in Central and Eastern Europe, announces that Aura Holding G.M.B.H. ("Aura Holdings") today purchased 1,042,931 Ordinary shares each at a price of 66p. per share. Following this transaction Aura Holdings has a total holding of 34,327,932 shares.
As a result of his 100% stake in Aura Holdings, Mr. Uri Heller, Chief Executive Officer and Director of the Company, now has a direct and indirect interest of 34,696,014 Ordinary Shares or 31.71% of Ablon's issued shares with voting rights.
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For further information, please contact:
Ablon Group Limited KBC Peel Hunt Ltd
Daniel Avidan, CFO (Nominated Adviser and Broker)
Tel. +36 1 225 6600 Capel Irwin / Alex Vaughan
/ Daniel Harris
Tel. +44 (0)20 7418 8900
ING Wholesale Banking Shared Value Limited
(Joint Corporate Broker) Nicolas Duperrier / Mark Walter
Nathalie Bachich de Recina / Tel. +44 (0)20 7321 5010
Julie Wakkie ablon@sharedvalue.net
Tel. +44 (0)20 7767 8362
NOTES TO EDITORS
About Ablon Group
Founded in 1993 in Budapest (Hungary), Ablon Group has properties at 33 locations, of which there are 14 completed projects and 19 development projects in Budapest, Prague, Bucharest, Warsaw and Gdansk. Its portfolio comprises a diversified mix of office, residential, retail, logistics and hotel developments valued at EUR594 million by King Sturge, an independent valuation firm, as at 31 December 2008. Ablon has, to date, approximately 166,290 square metres of existing and income generating office and retail assets (at 13 locations) in Budapest and Prague, with a significant development land bank comprising a further 1,296,450 square metres (at 25 locations) in Budapest, Prague, Bucharest, Warsaw and Gdansk. Ablon's shares are traded on the AIM market of the London Stock Exchange under the ticker 'ABL'.