New Independent 3rd Party Valuation of Nanette


 

TIDMNAT 
 
RNS Number : 8787P 
Nanette Real Estate Group N.V. 
01 April 2009 
 
?1st April, 2009 
Nanette Real Estate Group NV 
"Nanette" or "the Company" 
 
 
 
New Independent 3rd Party Valuation of Nanette 
 
 
Nanette Real Estate Group, Central & Eastern European focused residential real 
estate developer, notes that on the 31.3.2009, Olimpia Real Estate Holdings Ltd. 
("Olimpia"), (in which Oskar Kazanelson, the Company's CEO, serves as the 
Chairman of the Board, and is also part of the controlling group, of Olimpia 
shareholders) which currently holds 32.29% of Nanette's issued share capital, 
has today published its financial results for the year ended 31 December 2008. 
These results include reference to an independent valuation made by Giza Singer 
Even Ltd, of Olimplia including a valuation of Nanette. 
This valuation values the issued ordinary share capital of Nanette at EUR115.4m as 
at 31 March 2009 
. 
 
 
ENQUIRIES: 
+--------------------------------------+-------------------------------------+ 
| Nanette Real Estate Group            |                                     | 
+--------------------------------------+-------------------------------------+ 
| Shaul Lotan                          |                    + 31 20 778 4141 | 
| Eyal Keltsh                          |                    + 48 606 141 201 | 
|                                      |                                     | 
+--------------------------------------+-------------------------------------+ 
| Global Equity IR                     |                                     | 
+--------------------------------------+-------------------------------------+ 
| Amira Bardichev                      |                 +44-(0)7956 206 270 | 
|                                      |                                     | 
+--------------------------------------+-------------------------------------+ 
| KBC Peel Hunt                        |                                     | 
+--------------------------------------+-------------------------------------+ 
| Capel Irwin                          |                 +44 (020) 7418 8900 | 
| Nicholas Marren                      |                                     | 
+--------------------------------------+-------------------------------------+ 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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