ABL Ablon

    


Ablon Group



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 195p. per share. As a result of this transaction, Mr.
Twining has a total holding of 20,000 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
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 28
different locations split into 54 different projects or phases, of which there
are 13 completed projects and 16 development projects in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Its portfolio comprises a diversified mix of
office, residential, retail, logistics and hotel developments valued at EUR
617.4 million by King Sturge, an independent valuation firm, as at 31 December
2007. Ablon has to date approximately 139,700 square metres of existing and
income generating office and retail assets (at 12 locations) in Budapest and
Prague, with a significant development land bank comprising a further 1,040,600
square metres in the next five years (at 23 locations) in Budapest, Prague,
Bucharest, Warsaw and Gdansk. Ablon's shares are traded on the AIM market of the
London Stock Exchange under the ticker 'ABL'.

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