TIDMECPC

RNS Number : 7497Y

European Convergence Property CoPLC

31 December 2010

31 December 2010

EuroPean convergence PROPERTY company plc

("ECPC" OR "THE COMPANY")

Removal of Custodian

The Directors of European Convergence Property Company PLC ("ECPC" or the "Company") announce that the Company's custodian, Anglo Irish Bank Corporation (International) plc (the "Custodian") has notified the Company that it is ceasing to provide custody services and is transferring its existing business to an alternative provider. As a result, the Directors have notified the Custodian that that the Company wishes to terminate the custodian agreement between the Company and the Custodian with effect from 31 December 2010. The Directors have decided that, as the Company is fully invested, the services of a custodian are no longer necessary and no replacement custodian will therefore be appointed.

For further information please contact:

 
 Charlemagne Capital (UK) 
  Limited                          +44 (0)207 518 2100 
 Varda Lotan / Christopher         marketing@charlemagnecapital.com 
  Fitzwilliam Lay                   www.charlemagnecapital.com 
 
 Galileo Fund Services Limited     +44 (0)1624 692600 
 Ian Dungate, Company Secretary 
 
 Panmure Gordon (UK) Limited       44 (0)20 7459 3600 
 Hugh Morgan 
 Abhishek Majumdar 
 
 Smithfield Consultants            +44 (0)20 7360 4900 
 John Kiely 
 Gemma Froggatt 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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