DPD Dev Prop

RNS Number:5650A
DEV Property Development PLC
19 July 2007


                          Dev Property Development plc

                   Notification of major interests in shares

19 July, 2007

Dev Property Development plc (the "Company") announces that it received
notification today in a letter dated 17 July 2007 that FMR Corp has a notifiable
interest in 13,801,500 shares of the Company, representing 10.00% of the
Company's issued share capital.


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

END
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