DPD Dev Prop

RNS Number:9168G
DEV Property Development PLC
02 November 2007


                         Dev Property Development plc -

                        Disclosure of Interest in Shares


2 November 2007


Dev Property Development plc (the "Company") announces that it received
notification today in a letter dated 1 November 2007 that in accordance with DTR
5 of the Transparency Obligations Directive (Disclosure and Transparency Rules)
Instrument 2006, Capital Research and Management Company has a notifiable
interest in 6,416,600 shares of the Company, representing 4.6497% of the
Company's issued share capital.


END


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