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RNS Number : 9220C

Taliesin Property Fund Limited

22 January 2015

For immediate release on 22 January 2015

Taliesin Property Fund Limited

("Taliesin" or the "Company")

Estimated Net Asset Value at 31 December 2014

The Board of Taliesin Property Fund Limited announces that it has been advised by the Company's property valuers, Jones Lang LaSalle, that its preliminary valuation of the Company's portfolio confirms a continued rise in the value of the properties over the year ended 31 December 2014.

Based on the Company's unaudited management accounts as at 31 December 2014 and the Jones Lang LaSalle preliminary valuation analysis, the adjusted NAV per share of the Company is estimated to amount to approximately Euro 24 per Share. This represents an increase of approximately 19 per cent. over the adjusted NAV per share of Euro 20.10 as at 31 December 2013.

The Berlin property market remains strong and the recent decline in Government bond yields highlights the relative attraction of rental yields. Taliesin continues to achieve excellent rental growth across its portfolio and the announcement last month of the Company's first sale reservation for a residential unit illustrates the potential upside to the value of the portfolio from the privatisation process.

Taliesin expects to announce its annual results for the year ended 31 December 2014 towards the end of April.

For further information, please contact:

Taliesin Property Fund Limited

Mark Smith, Director 01534 700 000

Westhouse Securities Limited

Alastair Moreton 020 7601 6118

This information is provided by RNS

The company news service from the London Stock Exchange

END

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