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Aisi Realty Public Limited admitted to AIM

RELEASED 8.00AM
1st August 2007

Aisi Realty Public Limited

First Day of Dealings

Aisi Realty Public Limited (“Aisi” or “the Company”), a closed-ended investment company focusing on investments in the real estate market in Ukraine, announces that the Company’s shares have been admitted today to trading on the AIM market of the London Stock Exchange.

Trading in the Company’s shares is expected to commence from 8.00am today under the ticker "AISI".

The Company raised approximately US$33.1m through a placing of 50,210,601 new ordinary shares at a price of 66 cents per share (the "Placing Price"). On admission the Company will have a total of 166,191,828 ordinary shares in issue capitalising the Company at approximately US$109.7 million at the Placing Price. The funds raised will enable the Company to invest in a number of additional investment projects currently under investigation which will be in addition to those that the Company has already invested in.

On admission, the Company’s major shareholders include Landsdowne; MacArthur Foundation; Trafelet; Hansa Investeerimisfondid; Tudor; Fidelity and Woodbourne

The Company’s nominated adviser and broker is Libertas Capital.

Further information, including an electronic version of the Company’s Admission Document, is available on this website

Information on Aisi Realty Public Limited

The Company was established in 2005 with the intention of providing shareholders with attractive returns, principally from capital appreciation, through investing in real estate development projects in and around the major population centres of Ukraine, with a particular focus on Kiev.

Aisi will concentrate on office, residential and warehouse developments where the market in Ukraine is characterised by significant undersupply and rising prices.

Investments
Since it began operations, Aisi has committed over US$30m to the acquisition and advancement of six real estate projects - with one project now sold. The current portfolio consists of three residential and office developments and two warehouse projects.

The Investment Manager is currently investigating a number of other projects which meet the Company’s investment strategy.

Board of Directors and Investment Manager

The Board of Directors consists of experienced real estate and emerging market investment professionals. The Board is chaired by Paul Ensor, supported by non-executive directors David Flitterman and Antonios Achilleoudis. Additionally, Beso Sikharulidze and Helen Maximov are members of the Board whilst also being principals of the Investment Manager.

The Company’s assets are managed by Aisi Capital, LLC a Boston based investment management company with a presence in Kiev. The Investment Manager is led by Beso Sikharulidze and Helen Maximov, both Directors of the Company.

Enquiries: