DPD Dev Prop

RNS Number:0003R
DEV Property Development PLC
09 February 2007


                         Dev Property Development plc -


  Disclosure of Interest in Shares by Capital Research and Management Company


9 February, 2007


Dev Property Development plc (the "Company") announces that it received
notification today in a letter dated 5 February 2007 that in accordance with 
DTR 5 of the Transparency Obligations Directive (Disclosure and Transparency 
Rules) Instrument 2006, Capital Research and Management Company, on behalf of 
client funds that it manages, has a notifiable interest in 9,624,900 shares of 
the Company, representing 6.9746% of the Company's issued share capital.


END




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