ABL Ablon

    

Ablon Group



SHAREHOLDER NOTIFICATION

Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and
developer in Central and Eastern Europe, has been informed by Franklin
Resources, Inc. that the series of funds managed by Templeton Asset Management
Ltd. - an indirect wholly owned subsidiary of Franklin Resources, Inc. - has a
total holding of 9,539,027 shares, equaling 8.76% of the issued shares and votes
in Ablon. Franklin Resources, Inc, itself does not own any shares of the
company.

For further information, please contact:

Ablon Group Limited                             Shared Value Limited
Daniel Avidan, CFO                              Nicolas Duperrier
Tel. +36 1 225 6600                             Tel. +44 (0)20 7321 5010
                                                ablon@sharedvalue.net

Credit Suisse Securities (Europe) Limited       ING Wholesale Banking
Chris Byrne / Richard Probert                   Aur�lie Barry
Tel. +44 (0)20 7888 8888                        Tel. +44 (0)20 7767 6572

ABOUT ABLON GROUP

Founded in 1993 in Budapest (Hungary), Ablon Group has properties at 27
different locations split into 50 different projects or phases, of which there
are 13 completed projects and 16 development projects in Budapest, Prague and
Bucharest. Its portfolio comprises a diversified mix of office, residential,
retail, logistics and hotel developments valued at EUR 540.7 million by King
Sturge, an independent valuation firm, as at 30 June 2007. Ablon has to date
approximately 103,400 square meters of existing and income generating office and
retail assets (at 11 locations) in Budapest and Prague, with a significant
development land bank comprising a further 817,900 square meters in the next
five years (at 19 locations) in Budapest, Prague and Bucharest. Ablon's shares
are traded on the AIM market of the London Stock Exchange under the ticker
'ABL'.

Ablon (LSE:ABL)
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Ablon (LSE:ABL)
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