Pactolus Hungarian Property plc (the ‘Group’ or ‘Pactolus’) - Asset Manager’s Update

LONDON, March 28 /PRNewswire/ —

- Lettings

Since the previous Asset Manager’s update released on 29 February 2008,
the Group has let a further five properties at an average yield of 8.5 per
cent per annum.

Three of these properties are re-lets and the balance are properties that
have been let following purchase and renovation.

EPIC:- PHU.L

Market:- AIM

For further information, please contact:

Asset Manager
Mark Sheppard
Midas Investment Management Ltd
Tel: 44-161-242-2895

Nominated Advisor
Liam Murray
City Financial Associates Limited
Tel: 44-207-492-4777

Pactolus Hungarian Property PLC

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