R.G.I Notification of Interest

Date : 02/14/2008 @ 6:00AM
Source : UK Regulatory (RNS and others)
Stock : R.G.I. International (RGI)
Quote : 0.170  0.045 (36.00%) @ 11:35AM
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R.G.I Notification of Interest

RNS Number:9964N
R.G.I. International Limited
14 February 2008


14 February 2008

                          R.G.I. International Limited

                   Notification of major interests in shares


R.G.I. International Limited ('RGI' or the 'Company') the AIM-listed developer
of high-end properties in Moscow, announces that it received on 13 February 2008
a formal notification from Morgan Stanley, that as of 28 January 2008, it had an
indirect interest in 12,366,460 shares representing 9.83% of the issued and
allotted share capital of the Company.

This interest is comprised of the following holdings:

Morgan Stanley Securities Limited ('MSSL') holds 1,275,551 shares (1.02%)

SSF III Father Holdings Limited ('SSF III') holds 11,090,909 shares (8.81%)

Both MSSL and SSF III are members of the Morgan Stanley group of companies.
Those group companies which are direct or indirect holding companies of MSSL
are, under the terms of section 823 of the Companies Act 2006, each interested
by attribution in any shares in which MSSL is interested.


Ends


Enquiries to:

R.G.I. International Limited                                 +972 3 777 87 00
Emanuel Kuzinets, Director

Citigate Dewe Rogerson - Financial PR Advisers               +44 20 7282 2889
Tom Baldock

Shore Capital - Nominated Adviser                            + 44 20 7408 4090
Alex Borrelli




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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