ABL Ablon

    


Ablon Group



FOR IMMEDIATE RELEASE 4 December 2007

Dealings by Director

Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and
developer in Central and Eastern Europe, announces that Mr. Dennis Twining,
Non-Executive Chairman of the Board of Directors, today purchased 5,000 Ordinary
shares each at a price of 256p. per share. As a result of this transaction, Mr.
Twining has a total holding of 15,000 shares.

                          _____________________________

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 27different
locations split into 50 different projects or phases, of which there are 13
completed projects and 22 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 119,100 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 991,900 square meters in the next
five years (at 22 locations) in Budapest, Prague and Bucharest. Ablon's shares
are traded on the AIM market of the London Stock Exchange under the ticker
'ABL'.

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