SDCC Speymill Deut.C

RNS Number:3878L
Speymill Deutsche Immobilien Co PLC
09 January 2008


Speymill Deutsche Immobilien Company PLC ("SDIC" or "the Company")

Buy-back of shares

Speymill Deutsche Immobilien Company PLC (AIM: SDIC, SDCC) announces that
yesterday it completed the buy-back of 1,000,000 C shares of EUR0.25 each in the
Company ("C Shares") at a price of EUR0.80 per share.

The C Shares purchased by the Company will be cancelled and as a result the
total number of shares in issue will be:

Ordinary Shares:           170,000,000
C Shares:                  244,799,000


9 January 2008

For further information, please contact:

Azhic Basirov / Siobhan Sergeant
Smith & Williamson Corporate Finance Limited                      020 7131 4000

Paul Richards / James King
Fairfax I.S. PLC                                                  020 7460 4371

Galileo Fund Services Limited
Ian Dungate/ Suzanne Jones                                        01624 692600

Notes to editors:

- Speymill Deutsche Immobilien Company plc is a pan-German residential property
investment company which listed on AIM on March 2006, raising �170 million on
admission.

- In May 2007, the Company raised a further EUR250 million through a placing of 
C Shares which were admitted to trading on AIM on 10 May 2007.

- The Company was established to invest in the German property market and, 
predominantly, in the residential sector. It is anticipated that once fully 
invested, the Company will have a balanced portfolio of properties throughout 
Germany.

- The Company's objective is to provide Shareholders with an attractive level of
income together with the prospect for long-term capital growth.

- The Manager is Speymill Property Group Limited (formerly named Speymill 
Property Managers Limited) and the Investment Adviser is GOAL Service GmbH. The 
Manager and Investment Adviser are responsible for identifying new investment 
opportunities.

- The Manager is a subsidiary of Speymill Group plc (AIM: SYG) while the 
Investment Adviser is a joint venture partner of Speymill Group plc (which owns 
51% of the venture).




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

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