TIDMBKSA

RNS Number : 3608M

Black Sea Property Fund Limited

06 May 2015

The Black Sea Property Fund Limited

("Black Sea" or the "Company")

Death of a Director

It is with great sadness that the Company announces the sudden death of Trevor Hunt, non-executive Director of the Company.

Trevor's counsel, experience and support to the Board and the Company will be missed. He will be a great loss not only to the Company but to his family, friends and contacts.

Alex Borrelli, Chairman of Black Sea, commented "Trevor was a valued member of the Board and his hard work and support for the progress of the Group will be missed immensely. I would like to extend our deepest sympathy to his family at this very difficult time."

The Company intends to appoint a new non-executive Jersey-based director to the Board as soon as practicable.

For further information please contact:

The Black Sea Property Fund Limited

   Alex Borrelli, Chairman                                                 Tel: +44 7747 020600 
   Cairn Financial Advisers LLP                                   Tel: +44 20 7148 7900

Nominated Adviser

Sandy Jamieson

   Peterhouse Corporate Finance Limited                    Tel: + 44 20 7469 0930

Sole broker

Charles Goodfellow, Heena Karani

This information is provided by RNS

The company news service from the London Stock Exchange

END

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