ABL Ablon

    


Ablon Group

FOR IMMEDIATE RELEASE 2 April 2008

                               DIVIDEND PER SHARE

Ablon Group Limited ("Ablon" or "the Company"), a leading real estate owner and
developer in Central and Eastern Europe, today announces that further to the
approval of a cash dividend payment of �4 million to the Company's shareholders
announced on 26 March 2008, and based on the total number of 109,608,919 million
shares in issue, the dividend per share is �0.0365.

The dividend payment is expected to be payable to all shareholders of record as
at the end of the trading on April 2, 2008 and the record date will be April 4,
2008. The payment date will be May 2, 2008.

                          ____________________________

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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